Red Violet, Inc. (RDVT) to Issue Dividend of $0.30 on February 14th

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

Red Violet Stock Down 1.3 %

Shares of RDVT traded down $0.47 during trading hours on Wednesday, reaching $35.31. The company’s stock had a trading volume of 1,955 shares, compared to its average volume of 55,401. The company has a 50 day moving average of $36.59 and a two-hundred day moving average of $31.32. The firm has a market cap of $486.86 million, a price-to-earnings ratio of 98.06 and a beta of 1.48. Red Violet has a 1-year low of $16.56 and a 1-year high of $39.88.

Insider Activity

In related news, Director Peter Benz sold 22,300 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $37.43, for a total value of $834,689.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President James Patrick Reilly sold 10,000 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $37.25, for a total transaction of $372,500.00. Following the completion of the transaction, the president now 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 disclosure for this sale can be found here. 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.