Red Violet (NASDAQ:RDVT) Sees Large Volume Increase – Still a Buy?

Posted by Stanley Muller on Aug 8th, 2026

Red Violet, Inc. (NASDAQ:RDVT – Get Free Report) shares saw unusually-strong trading volume on Thursday . 294,664 shares changed hands during trading, an increase of 100% from the previous session’s volume of 147,256 shares.The stock last traded at $65.80 and had previously closed at $68.28.

Analysts Set New Price Targets

RDVT has been the subject of several recent research reports. B. Riley Financial increased their price objective on shares of Red Violet from $65.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Wall Street Zen cut shares of Red Violet from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Zacks Research downgraded shares of Red Violet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Red Violet in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.50.

View Our Latest Stock Analysis on Red Violet

Red Violet Trading Down 2.7%

The business has a 50 day simple moving average of $61.83 and a two-hundred day simple moving average of $49.34. The stock has a market cap of $925.37 million, a price-to-earnings ratio of 68.22 and a beta of 1.83.

Red Violet (NASDAQ:RDVT – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.14. The company had revenue of $25.83 million for the quarter, compared to analyst estimates of $24.63 million. Red Violet had a return on equity of 14.30% and a net margin of 14.99%. Research analysts anticipate that Red Violet, Inc. will post 1.06 EPS for the current fiscal year.

Insider Activity at Red Violet

In other Red Violet news, CEO Derek Dubner sold 12,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $57.43, for a total transaction of $689,160.00. Following the transaction, the chief executive officer directly owned 557,273 shares in the company, valued at $32,004,188.39. This represents a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Daniel Maclachlan sold 12,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $57.43, for a total transaction of $689,160.00. Following the completion of the sale, the chief financial officer directly owned 358,902 shares of the company’s stock, valued at $20,611,741.86. The trade was a 3.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 46,000 shares of company stock valued at $2,641,880. Insiders own 8.90% of the company’s stock.

Institutional Trading of Red Violet

Several hedge funds and other institutional investors have recently bought and sold shares of RDVT. BlackRock Inc. bought a new position in Red Violet during the 2nd quarter worth approximately $60,582,000. Deutsche Bank AG bought a new stake in shares of Red Violet in the 2nd quarter valued at approximately $708,000. Bank of New York Mellon Corp bought a new stake in shares of Red Violet in the 2nd quarter valued at approximately $2,323,000. GSA Capital Partners LLP acquired a new stake in shares of Red Violet during the 2nd quarter valued at approximately $783,000. Finally, Hennion & Walsh Asset Management Inc. raised its position in shares of Red Violet by 9.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 37,356 shares of the company’s stock valued at $2,380,000 after acquiring an additional 3,311 shares in the last quarter. 63.56% of the stock is owned by institutional investors.

About Red Violet

(Get Free Report)

Red Violet, Inc (NASDAQ: RDVT) is a provider of advanced data, analytics and technology solutions designed to help organizations mitigate financial crime, fraud and security risks. The company’s cloud-native platform consolidates and enriches data from proprietary, public and third-party sources, applying artificial intelligence and machine learning to deliver insights across the risk-management lifecycle. Red Violet’s suite of services includes behavior-based transaction monitoring, automated watchlist and negative-news screening, enhanced due diligence and real-time geospatial threat intelligence.

Leveraging proprietary algorithms, Red Violet offers products that enable compliance teams to streamline anti-money laundering processes, improve fraud detection and respond swiftly to emerging threats.