Red Violet, Inc. (NASDAQ:RDVT) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its stake in shares of Red Violet, Inc. (NASDAQ:RDVT) by 3.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,902 shares of the company’s stock after selling 1,090 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.22% of Red Violet worth $879,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Red Violet by 16.0% during the second quarter. Dimensional Fund Advisors LP now owns 86,511 shares of the company’s stock worth $2,196,000 after purchasing an additional 11,964 shares during the period. Marshall Wace LLP lifted its stake in Red Violet by 323.4% during the 2nd quarter. Marshall Wace LLP now owns 56,561 shares of the company’s stock valued at $1,437,000 after acquiring an additional 43,203 shares during the period. Los Angeles Capital Management LLC boosted its holdings in shares of Red Violet by 158.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 56,050 shares of the company’s stock valued at $1,595,000 after acquiring an additional 34,348 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Red Violet by 11.6% in the second quarter. Bank of New York Mellon Corp now owns 40,960 shares of the company’s stock worth $1,040,000 after acquiring an additional 4,264 shares during the period. Finally, Squarepoint Ops LLC raised its holdings in shares of Red Violet by 28.4% during the second quarter. Squarepoint Ops LLC now owns 29,804 shares of the company’s stock worth $757,000 after purchasing an additional 6,599 shares during the last quarter. Institutional investors and hedge funds own 63.56% of the company’s stock.

Insider Buying and Selling at Red Violet

In other news, President James Patrick Reilly sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $37.25, for a total transaction of $372,500.00. Following the completion of the transaction, the president now directly owns 272,124 shares of the company’s stock, valued at $10,136,619. This represents a 3.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Peter Benz sold 22,300 shares of Red Violet stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $37.43, for a total transaction of $834,689.00. Following the completion of the sale, the director now directly owns 80,766 shares in the company, valued at $3,023,071.38. This represents a 21.64 % decrease in their position. The disclosure for this sale can be found here. 9.50% of the stock is currently owned by corporate insiders.

Red Violet Stock Performance

NASDAQ:RDVT opened at $39.45 on Wednesday. The firm’s fifty day moving average is $33.21 and its two-hundred day moving average is $28.54. The firm has a market cap of $544.09 million, a price-to-earnings ratio of 107.36 and a beta of 1.49. Red Violet, Inc. has a one year low of $16.56 and a one year high of $39.84.

Red Violet Profile

Red Violet, Inc, a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk.