Red Violet (RDVT) Projected to Post Earnings on Thursday

Red Violet (NASDAQ:RDVT) is anticipated to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $18.08 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Red Violet Stock Down 2.0 %

Shares of RDVT opened at $40.24 on Friday. The business’s 50 day moving average is $37.32 and its two-hundred day moving average is $32.89. Red Violet has a 52-week low of $16.56 and a 52-week high of $43.44. The firm has a market cap of $554.99 million, a price-to-earnings ratio of 111.78 and a beta of 1.49.

Red Violet Announces Dividend

The company also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, January 31st.

Insider Activity at Red Violet

In related news, President James Patrick Reilly sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $37.25, for a total transaction of $372,500.00. Following the sale, the president now directly owns 272,124 shares of the company’s stock, valued at approximately $10,136,619. This represents a 3.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Peter Benz sold 22,300 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $37.43, for a total value of $834,689.00. Following the sale, the director now directly owns 80,766 shares in the company, valued at approximately $3,023,071.38. This represents a 21.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.50% of the company’s stock.

Red Violet Company Profile

Red Violet, Inc, a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk.