Red Violet , Inc. (NASDAQ:RDVT) recently disclosed a series of stock transactions involving its Chief Information Officer, Jeffrey Dell (NYSE:DELL). According to the SEC filing, Dell sold a total of 5,000 shares of common stock on May 9, 2025. The sales were executed in two separate transactions with prices ranging from $45.56 to $46.70 per share, resulting in a total sale value of $231,018. The timing is notable as the stock trades near its 52-week high of $46.95, having delivered an impressive 126% return over the past year. InvestingPro analysis indicates the stock is currently overvalued relative to its Fair Value.
Post-transaction, Dell holds 172,968 shares of Red Violet stock. This figure includes a combination of shares and Restricted Stock Units (RSUs) that are scheduled to vest over the next few years, subject to certain conditions. The company maintains strong financial health with an impressive 82.5% gross profit margin and more cash than debt on its balance sheet. For deeper insights into insider trading patterns and comprehensive financial analysis, check out the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.
In other recent news, Red Violet Inc. reported record financial results for the first quarter of 2025. The company achieved a 26% increase in revenue, reaching $22 million, and posted earnings per share (EPS) of $0.33 per diluted share. This performance marks the 20th consecutive quarter of sequential revenue growth, driven by strategic investments in AI and identity verification technologies. The company also noted strong customer base growth, adding 315 new IDI customers and over 21,000 new ForeWarn users. In addition to its impressive earnings, Red Violet continues to focus on expanding its AI-driven data solutions and enhancing risk mitigation capabilities. Analysts from B. Riley expressed optimism about the company’s growth trajectory, noting the increase in larger customers spending over $100,000 annually. Red Violet’s management emphasized ongoing investments in strategic priorities, including automation and proprietary data generation, to further leverage their business model.
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