Red Violet, Inc. (NASDAQ:RDVT) Announces $0.30 Dividend

Red Violet, Inc. (NASDAQ:RDVT) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, January 31st will be paid a dividend of 0.30 per share on Friday, February 14th. The ex-dividend date is Friday, January 31st.

Red Violet Trading Down 1.2 %

Shares of NASDAQ:RDVT opened at $35.34 on Wednesday. The stock’s 50-day moving average price is $36.59 and its 200-day moving average price is $31.32. The stock has a market capitalization of $487.27 million, a P/E ratio of 98.42 and a beta of 1.48. Red Violet has a 12-month low of $16.56 and a 12-month high of $39.88.

Insider Transactions at Red Violet

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

About Red Violet

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.