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

Red Violet, Inc. (NASDAQ:RDVT - Get Free Report) announced 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 Price Performance

Shares of RDVT stock traded up $0.03 during trading hours on Friday, reaching $36.40. The company had a trading volume of 77,317 shares, compared to its average volume of 51,252. The company has a market cap of $501.96 million, a price-to-earnings ratio of 101.11 and a beta of 1.48. Red Violet has a 12 month low of $16.56 and a 12 month high of $39.88. The business has a fifty day simple moving average of $36.56 and a 200-day simple moving average of $31.49.

Insiders Place Their Bets

In related news, Director Peter Benz sold 22,300 shares of Red Violet stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $37.43, for a total transaction of $834,689.00. Following the sale, the director now directly owns 80,766 shares in the company, valued at approximately $3,023,071.38. This trade represents a 21.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President James Patrick Reilly sold 10,000 shares of the business'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 transaction, the president now directly owns 272,124 shares in the company, 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.