Red Violet, Inc. (NASDAQ: RDVT) reported strong second-quarter 2026 results, with revenue rising to $26.7 million, up 22.7% from a year earlier and ahead of the $26.1 million estimate. Gross profit climbed 25.3% to $22.9 million, while operating profit surged 121.6% to $6.1 million.
Net income attributable to common shareholders increased 84.7% year over year to $5.0 million, and diluted earnings per share rose 88.9% to $0.34, just above the $0.3397 estimate. Operating cash flow also improved meaningfully, reaching $10.6 million, up 42.1% from the prior year.
Other highlights from the quarter included:
The company’s shares rose 2.5% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Red Violet, Inc. Insider Trading Activity
Red Violet, Inc. insiders have traded $RDVT stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $RDVT stock by insiders over the last 6 months:
- DEREK DUBNER (Chief Executive Officer) has made 0 purchases and 2 sales selling 12,000 shares for an estimated $689,160.
- DANIEL MACLACHLAN (Chief Financial Officer) has made 0 purchases and 2 sales selling 12,000 shares for an estimated $689,160.
- JAMES PATRICK REILLY (President) has made 0 purchases and 2 sales selling 12,000 shares for an estimated $689,160.
- JEFFREY ALAN DELL (Chief Information Officer) has made 0 purchases and 2 sales selling 10,000 shares for an estimated $574,350.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Red Violet, Inc. Hedge Fund Activity
We have seen 90 institutional investors add shares of Red Violet, Inc. stock to their portfolio, and 73 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- QUBE RESEARCH & TECHNOLOGIES LTD added 115,434 shares (+320.1%) to their portfolio in Q1 2026, for an estimated $3,994,016
- JANE STREET GROUP, LLC added 104,375 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3,611,375
- RENAISSANCE TECHNOLOGIES LLC added 96,810 shares (+581.8%) to their portfolio in Q1 2026, for an estimated $3,349,626
- UNIPLAN INVESTMENT COUNSEL, INC. removed 92,552 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $3,202,299
- GRANDEUR PEAK GLOBAL ADVISORS, LLC removed 84,302 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,916,849
- ASHFORD CAPITAL MANAGEMENT INC added 83,998 shares (+13.9%) to their portfolio in Q1 2026, for an estimated $2,906,330
- RUSSELL INVESTMENTS GROUP, LTD. added 71,173 shares (+54.9%) to their portfolio in Q2 2026, for an estimated $4,535,143
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
