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

Red Violet, Inc. (NASDAQ:RDVT) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders 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 Performance

Red Violet stock opened at $35.31 on Wednesday. Red Violet has a 12 month low of $16.56 and a 12 month high of $39.88. The stock’s 50 day moving average is $36.59 and its 200-day moving average is $31.32. The company has a market capitalization of $486.92 million, a price-to-earnings ratio of 99.81 and a beta of 1.48.

Insider Buying and Selling

In other news, Director Peter Benz sold 22,300 shares of the 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 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. The trade was a 3.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.50% of the stock is currently owned by company insiders.

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.