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Red Violet, Inc. (RDVT): A Bull Case Theory
Red Violet, Inc. (RDVT): A Bull Case Theory

Yahoo

time4 days ago

  • Business
  • Yahoo

Red Violet, Inc. (RDVT): A Bull Case Theory

We came across a bullish thesis on Red Violet, Inc. (RDVT) on @WelfareCapLLC on X (Twitter). In this article, we will summarize the bulls' thesis on RDVT. Red Violet, Inc. (RDVT)'s share was trading at $49.28 as of 23rd May. RDVT's trailing P/E was 80.79 according to Yahoo Finance. An executive shaking hands with a customer as they seal a major Identity Verification Services deal. Red Violet (RDVT) is a high-conviction long idea in the data processing and identity verification space, with shares up 70% since the initial pitch in September. The company, with a $686 million market cap, offers data solutions to verticals such as law enforcement, collections, fraud prevention, corporate risk, and real estate. The management team—together for over two decades—built the core data products behind giants like TransUnion and LexisNexis, and has now created a superior, cloud-native platform that is taking market share rapidly. RDVT's advantage lies not just in data quantity, but in its ability to refine, link, and deliver high-throughput, accurate insights to customers. The company manages both proprietary and licensed datasets covering virtually every U.S. adult, including sensitive information like SSNs, addresses, and criminal records. Long-term, fixed-cost contracts for licensed data mean nearly every incremental dollar of revenue comes with extremely high margins. With over 70% of revenue contractually recurring and 96% gross retention, the business exhibits strong SaaS-like characteristics. RDVT is also seeing dramatic operating leverage, with Q1 operating margins rising 8 points to 19% and operating income growing 110% on 26% revenue growth. Despite trading at 80x TTM earnings, continued high earnings growth justifies the valuation. The company remains under-the-radar, with minimal analyst coverage and low trading volume, partly due to its Boca Raton location. However, a clean balance sheet, $34 million in cash, insider ownership, key talent acquisitions, and even a recent special dividend support a strong bull case. The stock remains a top 10% position with expectations of exceeding a $1 billion valuation. Red Violet, Inc. (RDVT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held RDVT at the end of the fourth quarter which was 12 in the previous quarter. While we acknowledge the risk and potential of RDVT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than RDVT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance
DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance

Yahoo

time27-05-2025

  • Business
  • Yahoo

DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance

New option for data processing and storage in Indonesia enhances data sovereignty, compliance and performance for businesses operating in Southeast Asia. JAKARTA, Indonesia, May 27, 2025--(BUSINESS WIRE)--In response to the growing demand for regional data processing and heightened regulatory requirements, DoveRunner is excited to announce the launch of a data processing and storage solution in Indonesia. Starting today, DoveRunner customers can now maintain their data—including APKs, console metadata and account information—within Indonesia, ensuring stronger alignment with the country's data residency laws and improving overall data security. Because data localization continues to be a central consideration for businesses in Asia, Indonesia's GR71 and Personal Data Protection (PDP) law have set the standard for how organizations must handle local data. With increasing pressure to comply with local data residency regulations, it is essential for businesses to process and store data within their jurisdiction to avoid compliance risks. "As the demand for data sovereignty continues to grow across Southeast Asia, we are proud to support businesses in Indonesia by providing a secure, compliant and high-performance regional infrastructure," says James Ahn, CEO of DoveRunner. "Our new Indonesia region selection reflects our commitment to helping organizations meet evolving regulatory requirements while empowering them to innovate and grow with confidence." The Indonesia region selection offers several key benefits: Enhanced data sovereignty: All data, including APK analysis, telemetry and account metadata, will remain within Indonesia, fully complying with local data laws. Improved performance and latency: By offering a regional processing node within Indonesia, DoveRunner ensures the Jakarta region delivers faster data processing and reduced latency for Southeast Asia-based customers. Seamless integration with local governance: Businesses can easily switch to the Jakarta region through the DoveRunner platform to align with internal data governance and jurisdictional needs. This expansion comes on the heels of DoveRunner's recent rebranding and the merger of its flagship products, PallyCon and AppSealing, under one organization dedicated to security. With more than 25 years of experience in cybersecurity, DoveRunner strives to make security a solution rather than a stopgap, enabling organizations to continue innovating in an increasingly data-driven world. ABOUT DOVERUNNER DoveRunner offers complete mobile application and content security solutions that are designed for how the world works today—across applications and across devices—because we are all digitally interconnected. View source version on Contacts Brian ClevengerChief Marketing OfficerDoveRunnerbclevenger@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance
DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance

Yahoo

time27-05-2025

  • Business
  • Yahoo

DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance

New option for data processing and storage in Indonesia enhances data sovereignty, compliance and performance for businesses operating in Southeast Asia. JAKARTA, Indonesia, May 27, 2025--(BUSINESS WIRE)--In response to the growing demand for regional data processing and heightened regulatory requirements, DoveRunner is excited to announce the launch of a data processing and storage solution in Indonesia. Starting today, DoveRunner customers can now maintain their data—including APKs, console metadata and account information—within Indonesia, ensuring stronger alignment with the country's data residency laws and improving overall data security. Because data localization continues to be a central consideration for businesses in Asia, Indonesia's GR71 and Personal Data Protection (PDP) law have set the standard for how organizations must handle local data. With increasing pressure to comply with local data residency regulations, it is essential for businesses to process and store data within their jurisdiction to avoid compliance risks. "As the demand for data sovereignty continues to grow across Southeast Asia, we are proud to support businesses in Indonesia by providing a secure, compliant and high-performance regional infrastructure," says James Ahn, CEO of DoveRunner. "Our new Indonesia region selection reflects our commitment to helping organizations meet evolving regulatory requirements while empowering them to innovate and grow with confidence." The Indonesia region selection offers several key benefits: Enhanced data sovereignty: All data, including APK analysis, telemetry and account metadata, will remain within Indonesia, fully complying with local data laws. Improved performance and latency: By offering a regional processing node within Indonesia, DoveRunner ensures the Jakarta region delivers faster data processing and reduced latency for Southeast Asia-based customers. Seamless integration with local governance: Businesses can easily switch to the Jakarta region through the DoveRunner platform to align with internal data governance and jurisdictional needs. This expansion comes on the heels of DoveRunner's recent rebranding and the merger of its flagship products, PallyCon and AppSealing, under one organization dedicated to security. With more than 25 years of experience in cybersecurity, DoveRunner strives to make security a solution rather than a stopgap, enabling organizations to continue innovating in an increasingly data-driven world. ABOUT DOVERUNNER DoveRunner offers complete mobile application and content security solutions that are designed for how the world works today—across applications and across devices—because we are all digitally interconnected. View source version on Contacts Brian ClevengerChief Marketing OfficerDoveRunnerbclevenger@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance
DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance

Yahoo

time27-05-2025

  • Business
  • Yahoo

DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance

New option for data processing and storage in Indonesia enhances data sovereignty, compliance and performance for businesses operating in Southeast Asia. JAKARTA, Indonesia, May 27, 2025--(BUSINESS WIRE)--In response to the growing demand for regional data processing and heightened regulatory requirements, DoveRunner is excited to announce the launch of a data processing and storage solution in Indonesia. Starting today, DoveRunner customers can now maintain their data—including APKs, console metadata and account information—within Indonesia, ensuring stronger alignment with the country's data residency laws and improving overall data security. Because data localization continues to be a central consideration for businesses in Asia, Indonesia's GR71 and Personal Data Protection (PDP) law have set the standard for how organizations must handle local data. With increasing pressure to comply with local data residency regulations, it is essential for businesses to process and store data within their jurisdiction to avoid compliance risks. "As the demand for data sovereignty continues to grow across Southeast Asia, we are proud to support businesses in Indonesia by providing a secure, compliant and high-performance regional infrastructure," says James Ahn, CEO of DoveRunner. "Our new Indonesia region selection reflects our commitment to helping organizations meet evolving regulatory requirements while empowering them to innovate and grow with confidence." The Indonesia region selection offers several key benefits: Enhanced data sovereignty: All data, including APK analysis, telemetry and account metadata, will remain within Indonesia, fully complying with local data laws. Improved performance and latency: By offering a regional processing node within Indonesia, DoveRunner ensures the Jakarta region delivers faster data processing and reduced latency for Southeast Asia-based customers. Seamless integration with local governance: Businesses can easily switch to the Jakarta region through the DoveRunner platform to align with internal data governance and jurisdictional needs. This expansion comes on the heels of DoveRunner's recent rebranding and the merger of its flagship products, PallyCon and AppSealing, under one organization dedicated to security. With more than 25 years of experience in cybersecurity, DoveRunner strives to make security a solution rather than a stopgap, enabling organizations to continue innovating in an increasingly data-driven world. ABOUT DOVERUNNER DoveRunner offers complete mobile application and content security solutions that are designed for how the world works today—across applications and across devices—because we are all digitally interconnected. View source version on Contacts Brian ClevengerChief Marketing OfficerDoveRunnerbclevenger@

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