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

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

Red Violet Price Performance

RDVT stock opened at $35.31 on Wednesday. The business has a fifty day moving average price of $36.59 and a 200 day moving average price of $31.32. The stock has a market capitalization of $486.92 million, a price-to-earnings ratio of 99.81 and a beta of 1.48. Red Violet has a fifty-two week low of $16.56 and a fifty-two week high of $39.88.

Insider Buying and Selling

In other news, Director Peter Benz sold 22,300 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was 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 $3,023,071.38. The trade was a 21.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President James Patrick Reilly sold 10,000 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $37.25, for a total value of $372,500.00. Following the sale, the president now owns 272,124 shares in the company, valued at $10,136,619. The trade was a 3.54 % decrease in their position. The disclosure for this sale can be found here. 9.50% of the stock is owned by insiders.

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.