Red Violet (RDVT) to Release Quarterly Earnings on Thursday

Red Violet (NASDAQ:RDVT - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $18.08 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Red Violet Stock Performance

Shares of RDVT traded down $1.40 on Friday, hitting $38.84. 89,765 shares of the stock traded hands, compared to its average volume of 103,564. The company has a market capitalization of $535.60 million, a PE ratio of 107.89 and a beta of 1.49. The business has a 50 day simple moving average of $37.34 and a 200 day simple moving average of $33.01. Red Violet has a one year low of $16.56 and a one year high of $43.44.

Red Violet Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, January 31st.

Insiders Place Their Bets

In other news, President James Patrick Reilly sold 10,000 shares of Red Violet stock in a transaction that occurred 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 directly owns 272,124 shares in the company, valued at $10,136,619. The trade was a 3.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter Benz sold 22,300 shares of Red Violet stock in a transaction that occurred 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 completion of the sale, the director now directly owns 80,766 shares of the company's stock, valued at approximately $3,023,071.38. This trade represents a 21.64 % decrease in their position. The disclosure for this sale can be found here. Corporate 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.