Bank of America Corp DE Purchases New Shares in Red Violet, Inc. $RDVT
Bank of America Corp DE has acquired 18,517 shares of Red Violet, Inc. (NASDAQ:RDVT) worth approximately $1.18 million, contributing to institutional investors owning 63.56% of the company. Analysts maintain a positive outlook with a consensus "Buy" rating and an average price target of $83.50. Red Violet also exceeded quarterly earnings expectations, reporting an EPS of $0.50 against a $0.33 consensus and revenue of $26.72 million.
Red Violet (NASDAQ:RDVT) Reaches New 1-Year High - Time to Buy?
Red Violet (NASDAQ:RDVT) shares recently hit a new 52-week high of $80.90, with a current trading price of $79.01 and a market cap of $1.27 billion. Despite a high P/E ratio of 70.54, the company exceeded quarterly earnings and revenue estimates. Analysts maintain a generally positive outlook with an average "Buy" rating and a price target of $83.50, though one firm downgraded it to "Hold."
Red Violet, Inc. (NASDAQ:RDVT) Stock Rated "Buy" by Wall Street Analysts
Wall Street analysts have issued a "Buy" consensus recommendation for Red Violet, Inc. (NASDAQ:RDVT), with an average 12-month price target of $83.50. The company recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue. Institutional investors hold a significant portion of the stock, and a director recently increased his holdings.
Red Violet (NASDAQ:RDVT) Sets New 12-Month High - Time to Buy?
Red Violet (NASDAQ:RDVT) shares recently hit a new 52-week high of $80.30, with a market capitalization of approximately $1.25 billion. The company reported strong quarterly earnings, beating EPS and revenue estimates. Analyst sentiment is generally positive, with an average "Buy" rating and a consensus price target of $83.50, despite a recent downgrade from Weiss Ratings.
Red Violet Inc stock hits all-time high at 80.39 USD
Red Violet Inc. (RDVT) stock recently reached an all-time high of $80.39, driven by strong performance including a 113% surge in the past six months and a 52.26% increase over the past year. Despite being considered overvalued by InvestingPro analysis, the company reported better-than-expected Q2 2026 results, with record adjusted EBITDA, cash flow, and customer additions. Analysts from Raymond James and Needham initiated coverage with "Outperform" and "Buy" ratings respectively, both setting a $90.00 price target, citing Red Violet's robust position in the identity intelligence market.
Best Momentum Stocks to Buy for September 24th
This article identifies three top momentum stocks for September 24th: Red Violet, Inc. (RDVT), BrightSpring Health Services, Inc. (BTSG), and Tenet Healthcare Corporation (THC). Each company holds a Zacks Rank #1 and has shown significant earnings estimate increases and strong price performance compared to the S&P 500, indicating robust momentum characteristics.
Red Violet Inc stock hits all-time high at 77.5 USD
Red Violet Inc. stock has reached an all-time high of $77.50, marking a 56.06% increase over the past year and nearly 97% in the last six months. Despite appearing overvalued according to InvestingPro analysis, the company boasts a "GREAT" financial health rating, a perfect Piotroski Score of 9, and 85% gross profit margins, underpinned by strong Q2 2026 results and new analyst coverage with a buy rating.
Red Violet Inc stock hits all-time high at 77.5 USD
Red Violet Inc. (RDVT) stock reached an all-time high of $77.50, demonstrating a 56.06% increase over the past year and nearly 97% in the last six months. Despite this surge, InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. The company reported strong Q2 2026 financial results, surpassing Wall Street expectations in earnings and revenue, and Needham initiated coverage with a buy rating and a $90 price target.
Red Violet Inc stock hits all-time high at 77.5 USD
Red Violet Inc. (RDVT) stock recently hit an all-time high of $77.50, driven by a 56.06% increase over the past year and nearly 97% in the last six months. Despite appearing overvalued according to InvestingPro analysis, the company boasts a "GREAT" financial health rating, a Piotroski Score of 9, and 85% gross profit margins. Recent strong Q2 2026 financial results, surpassing Wall Street expectations, and a "buy" rating with a $90 price target from Needham further contribute to the positive momentum.
The Technical Signals Behind (RDVT) That Institutions Follow
This article analyzes the technical signals for Red Violet Inc. (NASDAQ: RDVT) that institutions monitor. It highlights weak near-term sentiment but strong mid and long-term outlooks, with no resistance levels above the current price, indicating potential upside. The analysis includes AI-generated trading strategies for various risk profiles and a multi-timeframe signal analysis, providing support and resistance levels.
FOREWARN to Provide Identity Verification Services to Pacific West Association of REALTORS® to Promote Agent Safety
FOREWARN, a red violet company, has announced that the Pacific West Association of REALTORS® (PWR) will offer its identity verification services to over 10,000 members in California. This initiative aims to enhance real estate agent safety by providing tools to verify identities, search for criminal histories, and validate client information using only a phone number. The services will be available to PWR members at no additional cost, underscoring the association's commitment to agent safety beyond just "REALTOR® Safety Month."
Needham initiates Red Violet stock with buy rating on identity platform By Investing.com
Needham has initiated coverage on Red Violet Inc. (NASDAQ:RDVT) with a buy rating and a $90 price target, citing the company's cloud identity intelligence platform and strong financial health. The firm highlighted Red Violet's "identity graph" strategy, cloud-native platform, and ability to differentiate from legacy competitors. This positive outlook follows Red Violet's strong Q2 2026 financial results, which surpassed Wall Street expectations in earnings and revenue.
Needham initiates Red Violet stock with buy rating on identity platform
Needham has initiated coverage on Red Violet Inc. (NASDAQ:RDVT) with a "buy" rating and a $90 price target, citing the company's leading cloud identity intelligence platform. The firm highlighted Red Violet's strong financial health, high gross profit margin, and ability to accelerate market share gains. This positive outlook follows Red Violet's strong Q2 2026 financial results, where the company surpassed Wall Street expectations for earnings and revenue.
Red Violet Inc stock hits all-time high at 74.51 USD
Red Violet Inc. (RDVT) stock has reached an all-time high of $74.51, reflecting a 47.39% increase over the past year and a 66% surge in the last six months. This strong performance is supported by a Piotroski Score of 9 and high gross profit margins. Despite the achievement, InvestingPro suggests the stock may be overvalued, offering additional insights and tips for investors.
Red Violet Inc stock hits all-time high at 74.51 USD
Red Violet Inc (RDVT) stock recently reached an all-time high of $74.51 and is currently trading at $74.58, just below its 52-week high. The company has seen a significant 47.39% increase in stock value over the past year and a 66% surge in the last six months, driven by strong market performance, a Piotroski Score of 9, and impressive gross profit margins of 85%. Despite these achievements, InvestingPro analysis suggests the stock might be overvalued, though the company reported strong Q2 2026 results, exceeding Wall Street expectations for both earnings and revenue.
red violet to Present at Citi’s 2026 Global TMT Conference
Red Violet, Inc. (NASDAQ: RDVT) announced its participation in Citi's 2026 Global TMT Conference, scheduled for September 8-10, 2026, in New York. CEO Derek Dubner and CFO Dan MacLachlan will present and host investor meetings on September 9, 2026. The company, which specializes in identity intelligence and analytics, aims to showcase its proprietary technologies and analytical capabilities at the event.
red violet to Present at Citi’s 2026 Global TMT Conference
Red Violet, Inc. (NASDAQ: RDVT), an identity intelligence and analytics company, announced it will present at Citi’s 2026 Global TMT Conference in New York from September 8-10, 2026. CEO Derek Dubner and CFO Dan MacLachlan will present and host investor meetings on September 9, 2026. The company specializes in proprietary technologies and analytical capabilities for identity intelligence, offering solutions for identity verification, risk mitigation, and fraud detection.
red violet to Present at Citi’s 2026 Global TMT Conference
Red Violet, Inc. (NASDAQ: RDVT), an identity intelligence and analytics company, announced it will present at Citi’s 2026 Global TMT Conference. CEO Derek Dubner and CFO Dan MacLachlan will present and hold investor meetings on September 9, 2026. The conference is being held in New York from September 8-10, 2026.
red violet to Present at Lake Street’s 10th Annual Best Ideas Growth Conference
Red Violet, Inc. (NASDAQ: RDVT), an identity intelligence and analytics company, announced it will present at Lake Street’s 10th Annual Best Ideas Growth (BIG10) Conference on September 10, 2026, in New York City. Camilo Ramirez, SVP of Finance and Investor Relations, will represent the company and host investor meetings. The company specializes in using proprietary technology and analytical capabilities to provide identity intelligence for various applications including fraud detection and regulatory compliance.
red violet to Present at Lake Street’s 10th Annual Best Ideas Growth Conference
Red Violet, Inc. (NASDAQ: RDVT), an identity intelligence and analytics company, announced it will present at Lake Street’s 10th Annual Best Ideas Growth (BIG10) Conference on September 10, 2026, in New York City. Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will represent the company. Red Violet specializes in proprietary technologies for identity intelligence, offering solutions for identity verification, fraud detection, and risk mitigation.
How Stronger Profitability and a US$109 Million Raise At Red Violet (RDVT) Has Changed Its Investment Story
Red Violet (RDVT) recently reported strong Q2 2026 results with increased sales and net income, alongside a significant US$109 million capital raise from a public offering. This capital is intended to fund working capital and potential acquisitions, aiming to expand Red Violet's data assets and market reach. The article discusses how these developments strengthen the company's investment thesis but also introduce risks related to acquisition integration and potential erosion of pricing power due to rapid AI adoption by customers.
3 Reasons Why Growth Investors Shouldn't Overlook Red Violet (RDVT)
Red Violet (RDVT) is presented as an attractive growth stock for investors due to its favorable Zacks Growth Style Score and strong Zacks Rank. The article highlights three key factors: impressive earnings growth, robust cash flow growth, and positive earnings estimate revisions. These indicators suggest that RDVT is well-positioned for outperformance in the market.
How Stronger Profitability and a US$109 Million Raise At Red Violet (RDVT) Has Changed Its Investment Story
Red Violet, Inc. recently reported stronger Q2 2026 results with increased sales and net income, alongside a significant US$109 million public offering. This capital raise is intended for working capital and potential acquisitions, strengthening the company's financial base and its ability to expand its data assets and market reach. However, investors are urged to consider the concentration risk with key data suppliers and potential pitfalls in acquisition integration.
Quantinno Capital Management LP Buys New Position in Red Violet, Inc. $RDVT
Quantinno Capital Management LP has acquired a new stake of 15,212 shares in Red Violet, Inc. (NASDAQ:RDVT) worth approximately $526,000 during the first quarter. This comes as institutional investors collectively own 63.56% of the company, which recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue. Despite positive analyst sentiment with a "Moderate Buy" rating, company insiders have sold a significant number of shares totaling about $2.64 million in the last 90 days.
Red Violet (NASDAQ:RDVT) Upgraded by Wall Street Zen to Buy Rating
Wall Street Zen has upgraded Red Violet (NASDAQ:RDVT) from a "hold" to a "buy" rating, contributing to a "Moderate Buy" consensus rating and an average price target of $77.00. The company recently reported strong quarterly earnings, beating both EPS and revenue estimates. Despite this positive upgrade and performance, company insiders have sold a significant number of shares in the past 90 days.
Red Violet Inc (RDVT) Stock Down 5.4% but Still Overvalued -- GF Score: 68/100
Red Violet Inc (RDVT) shares fell 5.4% to $69.65, yet remain significantly overvalued according to GuruFocus's GF Value of $47.91. The company has a GF Score of 68/100, indicating above-average quality but with concerns regarding its valuation (3/10) and insider selling activity. Investors are advised to exercise caution due to the high valuation and negative insider sentiment.
Red Violet (RDVT) Is Up 9.6% After Record Q2 And $100M Equity Raise For M&A - Has The Bull Case Changed?
Red Violet reported strong Q2 2026 results with $26.72 million in sales and $4.96 million in net income, alongside a $100 million equity raise for M&A. This capital is intended for acquiring data assets, enabling technology, and expanding into new vertical markets. The article discusses how these developments impact Red Violet's investment narrative, noting that while the core business remains strong, the focus now shifts to management's ability to wisely deploy the new capital through strategic acquisitions.
Red Violet (RDVT) Is Up 9.6% After Record Q2 And $100M Equity Raise For M&A - Has The Bull Case Changed?
Red Violet (RDVT) reported strong Q2 2026 results with $26.72 million in sales and $4.96 million in net income, alongside a $100 million equity raise for M&A. The company plans to use this capital for strategic acquisitions to expand its identity-analytics platform. This move introduces a new catalyst for investors, shifting the focus to management's ability to wisely deploy the capital for growth, with potential risks if acquisitions do not perform as expected.
red violet to Present at the Midwest IDEAS Investor Conference
Red Violet, Inc. (NASDAQ: RDVT), an identity intelligence and analytics company, announced it will present at the Midwest IDEAS Investor Conference on August 26-27, 2026, in Chicago. Camilo Ramirez, SVP of Finance and Investor Relations, will present and meet with investors on August 27. The company specializes in building proprietary technologies and applying analytical capabilities to deliver identity intelligence for various purposes, including fraud detection and regulatory compliance.
Red Violet stock hits all-time high at 72.97 USD
Red Violet (RDVT) stock has reached an all-time high of $72.97, reflecting a significant 65.96% increase over the past year. The company reported strong Q2 2026 financial results, with adjusted earnings of $0.50 per share and revenue of $26.72 million, surpassing analyst expectations. Despite strong performance and a Piotroski Score of 9, InvestingPro analysis suggests the stock might be overvalued relative to its Fair Value.
red violet to Present at the Midwest IDEAS Investor Conference
Red Violet, Inc. (NASDAQ: RDVT) announced it will present at the Midwest IDEAS Investor Conference in Chicago on August 26-27, 2026. Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will host investor meetings and present on August 27, 2026. Red Violet is a leading identity intelligence and analytics company providing solutions for identity verification, risk mitigation, fraud detection, and regulatory compliance.
red violet executive to host investor meetings in Chicago Aug. 27
Red Violet (NASDAQ: RDVT) announced it will present at the Midwest IDEAS Investor Conference in Chicago from August 26-27, 2026. Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will deliver the company's presentation and host investor meetings on August 27, 2026. The company, which specializes in identity intelligence and analytics, highlighted its CORE™ platform and solutions for identity verification, risk mitigation, and fraud detection.
red violet to Present at the Midwest IDEAS Investor Conference
Red Violet, Inc. (NASDAQ: RDVT), an identity intelligence and analytics company, announced it will present at the Midwest IDEAS Investor Conference on August 26-27, 2026, in Chicago. Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will present and host investor meetings on August 27, 2026. The company specializes in proprietary technologies and analytical capabilities to deliver identity intelligence for various purposes, including fraud detection and regulatory compliance.
Red Violet Inc (RDVT) Shares Fall 3.3% -- What GF Score of 73 Tells Investors
Red Violet Inc (RDVT) shares fell 3.3% to $68.82. The stock is considered "Significantly Overvalued" by GuruFocus, with its current price 43.0% above the GF Value™ estimate of $48.11. Despite a strong financial strength rating of 8/10 and momentum of 9/10, the valuation rank is low at 3/10, and insiders have sold $2.6 million worth of shares with no buying activity.
Enterprise value to EBITDA forward of Red Violet, Inc. – LS:A2JGBV
This page provides financial data for Red Violet, Inc. (LS:A2JGBV), specifically focusing on its enterprise value to EBITDA forward. It indicates that the market for this security is currently closed and no trades have occurred. The content seems to be a financial data snippet from a larger platform.
Red Violet Q2 Earnings Call Highlights
Red Violet (RDVT) reported record second-quarter 2026 results, with revenue up 23% to $26.7 million and adjusted EBITDA up 48% to $11.2 million, driven by strong demand for identity intelligence solutions. The company achieved its highest-ever quarterly customer additions and saw growth across most revenue verticals, including financial/corporate risk, investigative, and collections. Red Violet's FOREWARN platform also expanded into home healthcare, and the company plans to continue investing in product development, AI, and strategic acquisitions.
Wasatch Advisors LP Trims Holdings in Red Violet, Inc. $RDVT
Wasatch Advisors LP reduced its stake in Red Violet, Inc. (NASDAQ:RDVT) by 2.3% in the second quarter, selling 20,898 shares but still holding 890,738 shares valued at approximately $56.8 million. The company reported strong Q2 results, with EPS of $0.50 and revenue of $26.72 million, both exceeding analyst expectations. Despite positive analyst sentiment and a "Moderate Buy" consensus rating, company insiders sold 46,000 shares worth $2.64 million, and the stock is trading near its 52-week high with a P/E ratio of 63.59.
Red Violet Reports Q2 2026 Revenue $26.7M, Net Income $5.0M, Adjusted EBITDA $11.2M
Red Violet reported record financial results for Q2 2026, with revenue increasing by 23% year-over-year to $26.7 million and net income reaching $4.96 million. The company also achieved an adjusted EBITDA of $11.25 million and generated $10.6 million in cash flow from operations. Additionally, Red Violet announced the closing of a $109.0 million public offering in August 2026 and reported significant growth in its customer base and FOREWARN user count.
Earnings call transcript: Red Violet tops Q2 2026 estimates as shares jump
Red Violet (RDVT) reported exceptional Q2 2026 results, surpassing analyst estimates with adjusted earnings of $0.50 per share and revenue of $26.72 million. The company achieved record revenue, profit, cash flow, and customer additions, driven by strong demand for its identity intelligence platform and the expansion of its FOREWARN product into home healthcare. Shares jumped significantly following the announcement, reflecting strong investor confidence in its growth trajectory and strategic initiatives, including potential acquisitions.
Red Violet (NASDAQ:RDVT) Shares Up 6.3% on Earnings Beat
Red Violet (NASDAQ:RDVT) shares increased by 6.3% following an earnings beat, with quarterly EPS of $0.50 and revenue of $26.72 million exceeding analyst expectations. The stock currently holds a consensus "Moderate Buy" rating with a $71.50 target price, though insider selling of 46,000 shares worth $2.64 million has been noted. Institutional investors hold 63.56% of the company, which has a market capitalization of nearly $988 million.
red violet Reports Second Quarter 2026 Financial Results
Red Violet, Inc. (NASDAQ: RDVT) announced strong financial results for Q2 2026, including record revenue of $26.7 million (up 23%) and record cash flow from operations of $10.6 million. The company added 447 new customers to IDI and saw significant growth in net income and adjusted EBITDA. These results follow a recently completed public offering that raised approximately $109.0 million, positioning the company for further strategic initiatives.
Red Violet, Inc. Q2 2026 Earnings Call Summary
Red Violet, Inc. (RDVT) reported record financial results for Q2 2026, driven by increased demand for identity intelligence solutions due to AI-fueled fraud. The company highlighted strong growth in IDI customer additions, the expansion of its FOREWARN product into the home healthcare sector, and a strategic focus on AI and disciplined M&A to sustain future growth and expand margins. Despite macroeconomic headwinds in real estate IDI, the company maintains a positive outlook, anticipating full-year adjusted EBITDA margins in the high 30s.
Red Violet, Inc. Announces $26.7 Million Revenue for Q2 2026 with Strong Earnings Growth
Red Violet, Inc. has announced strong financial results for the second quarter and first half of fiscal year 2026, with revenue reaching $26.7 million. The company filed its quarterly report on Form 10-Q with the SEC, indicating continued revenue growth and positive net income. Further details regarding their performance are available in the filed report.
Red Violet (RDVT) Stock Rises on Q2 2026 Earnings
Red Violet (NASDAQ: RDVT) reported strong Q2 2026 earnings, with revenue, gross profit, operating profit, and net income all showing significant year-over-year increases. Diluted earnings per share exceeded estimates, and operating cash flow improved substantially. Following the announcement, the company's shares rose by 2.5% after market close.
Earnings Flash (RDVT) Red Violet, Inc. Reports Q2 Revenue $26.7M, vs. FactSet Est of $25.6M
Red Violet, Inc. (RDVT) announced its Q2 revenue of $26.7 million, surpassing FactSet's estimate of $25.6 million. This financial update indicates a stronger-than-expected performance for the quarter.
red violet Reports Second Quarter 2026 Financial Results
Red Violet, Inc. (NASDAQ: RDVT) announced record financial results for the second quarter of 2026, with revenue increasing by 23% to $26.7 million and net income rising 85% to $5.0 million. The company attributed its success to strong demand for identity intelligence and its proprietary AI-embedded architecture, reporting a record 447 new customers added to IDI and significant cash flow from operations. Red Violet also completed a public offering raising approximately $109.0 million for working capital and potential strategic acquisitions.
Red Violet, Inc. (RDVT) Q2 Earnings and Revenues Surpass Estimates
Red Violet, Inc. (RDVT) reported Q2 earnings of $0.5 per share, significantly exceeding the Zacks Consensus Estimate of $0.34 and surpassing last year's $0.28 per share. The company also posted revenues of $26.72 million, beating the consensus by 3.24% and showing growth from $21.77 million a year ago. Despite this strong performance, the stock currently holds a Zacks Rank #3 (Hold), suggesting it is expected to perform in line with the market in the near future.
Red Violet Announces Major Underwritten Equity Offering
Red Violet (RDVT) announced an underwritten public stock offering that raised approximately $108.6 million in net proceeds. The company plans to use this capital for working capital, general corporate purposes, and potential strategic acquisitions to support growth initiatives. Analysts maintain a "Buy" rating for RDVT with an $81.00 price target, and TipRanks’ AI Analyst rates it as "Outperform" due to strong fundamentals despite valuation risks.
Renaissance Technologies LLC Buys 96,810 Shares of Red Violet, Inc. $RDVT
Renaissance Technologies LLC significantly increased its stake in Red Violet, Inc. (NASDAQ:RDVT) by 581.8% during the first quarter, now owning 113,450 shares valued at approximately $3.93 million. This comes as other institutional investors also adjusted their positions in the company. Red Violet has a "Moderate Buy" consensus rating and recently beat quarterly earnings expectations, though insiders have sold shares totaling $2.64 million over the past 90 days.
Press Release: Red Violet Announces Closing of $115 Million Underwritten Public Offering of Common Stock, Including Full Exercise of Underwriters' Option
Red Violet, Inc. (NASDAQ: RDVT) announced the closing of its underwritten public offering of 5,750,000 shares of its common stock at a price of $20.00 per share. This includes the full exercise of the underwriters' option to purchase an additional 750,000 shares. The offering generated gross proceeds of $115.0 million before deducting underwriting discounts and other expenses.
