Red Violet (RDVT) to Release Quarterly Earnings on Wednesday

Key Points

• Red Violet is set to announce its Q2 2025 earnings on August 6th, with expectations of earnings per share at $0.28 and revenues of $21.45 million.
• Insider trading activities revealed that CEO Derek Dubner and insider Jeffrey Alan Dell sold shares on May 9th, decreasing their ownership by 1.69% and 2.81%, respectively.
• Approximately 63.56% of Red Violet's stock is owned by institutional investors following a recent 5% increase in holdings by MIRAE ASSET GLOBAL ETF HOLDINGS Ltd.

Red Violet (NASDAQ:RDVT - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect Red Violet to post earnings of $0.28 per share and revenue of $21.45 million for the quarter.

Red Violet Stock Performance

Shares of NASDAQ:RDVT traded down $0.87 during trading on Friday, reaching $43.46. 10,033 shares of the stock were exchanged, compared to its average volume of 102,855. The firm has a market cap of $606.65 million, a price-to-earnings ratio of 71.20 and a beta of 1.76. Red Violet has a 12-month low of $21.83 and a 12-month high of $52.24. The firm's 50-day moving average price is $47.35 and its 200 day moving average price is $41.93.

Insider Buying and Selling

In other news, CEO Derek Dubner sold 10,000 shares of Red Violet stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $46.21, for a total transaction of $462,100.00. Following the sale, the chief executive officer owned 580,379 shares in the company, valued at $26,819,313.59. This trade represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jeffrey Alan Dell sold 5,000 shares of the firm's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $46.20, for a total transaction of $231,000.00. Following the sale, the insider directly owned 172,968 shares of the company's stock, valued at approximately $7,991,121.60. The trade was a 2.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.90% of the stock is owned by corporate insiders.

Institutional Trading of Red Violet

An institutional investor recently bought a new position in Red Violet stock. AQR Capital Management LLC bought a new stake in Red Violet, Inc. (NASDAQ:RDVT - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 101,772 shares of the company's stock, valued at approximately $3,826,000. AQR Capital Management LLC owned approximately 0.73% of Red Violet as of its most recent filing with the SEC. 63.56% of the stock is currently owned by institutional investors.

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.