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

Red Violet, Inc. (NASDAQ:RDVT) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors 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 Trading Up 1.3 %

Shares of RDVT opened at $35.77 on Wednesday. The stock has a 50 day simple moving average of $36.59 and a 200-day simple moving average of $31.32. The stock has a market cap of $493.27 million, a PE ratio of 99.36 and a beta of 1.48. Red Violet has a 1 year low of $16.56 and a 1 year high of $39.88.

Insider Activity

In other Red Violet 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 value of $834,689.00. Following the completion of the transaction, the director now owns 80,766 shares in the company, valued at approximately $3,023,071.38. The trade was a 21.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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. 9.50% of the stock is owned by corporate 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.