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 of this dividend is Friday, January 31st.

Red Violet Stock Up 1.3 %

RDVT stock opened at $35.77 on Wednesday. The business has a fifty day moving average of $36.59 and a 200-day moving average of $31.32. The company has a market cap of $493.27 million, a P/E ratio of 99.36 and a beta of 1.48. Red Violet has a twelve month low of $16.56 and a twelve month high of $39.88.

Insider Buying and Selling at Red Violet

In other Red Violet news, President James Patrick Reilly sold 10,000 shares of the 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 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction, the director now owns 80,766 shares of the company’s stock, valued at $3,023,071.38. The trade was 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.

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.