Red Violet, Inc. (NASDAQ:RDVT) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in Red Violet, Inc. (NASDAQ:RDVT) by 240.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,502 shares of the company’s stock after buying an additional 13,072 shares during the quarter. Barclays PLC owned 0.13% of Red Violet worth $526,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in RDVT. SG Americas Securities LLC purchased a new position in shares of Red Violet during the 3rd quarter worth about $199,000. Cubist Systematic Strategies LLC acquired a new position in Red Violet in the second quarter worth about $204,000. PDT Partners LLC bought a new position in Red Violet during the third quarter worth $325,000. BNP Paribas Financial Markets grew its position in shares of Red Violet by 157.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 11,613 shares of the company’s stock valued at $330,000 after buying an additional 7,108 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in Red Violet by 5.7% during the 2nd quarter. Rhumbline Advisers now owns 14,578 shares of the company’s stock worth $370,000 after buying an additional 781 shares during the last quarter. Hedge funds and other institutional investors own 63.56% of the company’s stock.

Red Violet Trading Down 3.3 %

Shares of NASDAQ:RDVT opened at $35.01 on Friday. The firm has a market capitalization of $482.86 million, a P/E ratio of 97.25 and a beta of 1.49. Red Violet, Inc. has a 52 week low of $16.56 and a 52 week high of $39.88. The firm’s 50 day moving average is $35.54 and its two-hundred day moving average is $29.83.

Red Violet Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, January 31st.

Insider Transactions at Red Violet

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

Red Violet Company 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.