On November 25, 2024, Jeffrey Dell, Chief Information Officer at Red Violet Inc's subsidiary, executed a sale of 10,000 shares of Red Violet Inc (RDVT, Financial). Following this transaction, the insider now holds 182,203 shares of the company. The details of this transaction can be found in the SEC Filing.
Red Violet Inc is a company that specializes in data fusion and analytics, providing cloud-based solutions to organizations for identity verification, fraud prevention, and risk management. The company leverages its proprietary technology to deliver actionable insights to its clients.
The insider transaction history for Red Violet Inc indicates that there has been one insider buy and one insider sell over the past year. This recent sale by Jeffrey Dell marks the only insider sell within this timeframe.
On the day of the transaction, shares of Red Violet Inc were trading at $37.25, giving the stock a market cap of $534.838 million. The company's price-earnings ratio stands at 107.72, which is higher than the industry median of 26.46 but lower than the company's historical median price-earnings ratio.
The GF Value for Red Violet Inc is estimated at $27.59, resulting in a price-to-GF-Value ratio of 1.35. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
