Red Violet CEO Derek Dubner sells 12,000 shares for $689,160.00; execution pattern consistent with prior sales
Derek Dubner, CEO of Red Violet (RDVT), executed 2 separate sales totaling 12,000 shares for $689,160.00 on June 1, 2026, at an average price of $57.43, reducing his holdings from 569,273 shares to 557,273 shares (-2.1%). The current stock price stands at $59.30, above the transaction prices but -7.6% from the 52-week high of $64.14. Notably, Dubner's prior 5 sales at RDVT over the preceding months all showed negative 90-day returns, with his entire trading history demonstrating a 100% well-timed sell rate at the 90-day mark across all tickers tracked. The stock has appreciated 49.6% over 30 days and 34.0% over 90 days from the transaction date, indicating the sale occurred before material upside. The company reports quarterly revenue of $25,830,000.00, net income of $4,388,000.00, 20.0% annual revenue growth, and a P/E of 59.30, reflecting a high valuation profile at a market cap of $836,659,015.30. The repetition of sequential sales with a consistent pattern of subsequent stock appreciation, combined with the elevated valuation metrics, warrants attention to whether the insider's decision-making framework may diverge from short-term performance trends.