White Pine Capital LLC Acquires Shares of 10,521 Red Violet, Inc. (NASDAQ:RDVT)

White Pine Capital LLC bought a new stake in Red Violet, Inc. (NASDAQ:RDVT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,521 shares of the company's stock, valued at approximately $381,000. White Pine Capital LLC owned about 0.08% of Red Violet as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Red Violet by 4.3% in the third quarter. Janus Henderson Group PLC now owns 24,305 shares of the company's stock valued at $691,000 after purchasing an additional 992 shares during the last quarter. SG Americas Securities LLC grew its holdings in Red Violet by 14.3% in the fourth quarter. SG Americas Securities LLC now owns 7,990 shares of the company's stock valued at $289,000 after purchasing an additional 998 shares during the last quarter. Geode Capital Management LLC grew its holdings in Red Violet by 1.2% in the third quarter. Geode Capital Management LLC now owns 256,418 shares of the company's stock valued at $7,297,000 after purchasing an additional 3,009 shares during the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in Red Violet in the fourth quarter valued at $232,000. Finally, BNP Paribas Financial Markets grew its holdings in Red Violet by 157.8% in the third quarter. BNP Paribas Financial Markets now owns 11,613 shares of the company's stock valued at $330,000 after purchasing an additional 7,108 shares during the last quarter. Institutional investors and hedge funds own 63.56% of the company's stock.

Red Violet Stock Down 7.9 %

Shares of RDVT traded down $3.39 during trading hours on Tuesday, reaching $39.77. 79,279 shares of the company traded hands, compared to its average volume of 86,341. The stock has a market capitalization of $548.43 million, a PE ratio of 110.47 and a beta of 1.49. Red Violet, Inc. has a fifty-two week low of $16.56 and a fifty-two week high of $43.44. The stock has a fifty day simple moving average of $37.21 and a 200 day simple moving average of $32.67.

Red Violet Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a dividend of $0.30 per share. The ex-dividend date was Friday, January 31st.

Insider Activity at Red Violet

In other Red Violet news, President James Patrick Reilly sold 10,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $37.25, for a total value of $372,500.00. Following the sale, the president now directly owns 272,124 shares of the company's stock, valued at approximately $10,136,619. This trade represents a 3.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter Benz sold 22,300 shares of the firm's stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $37.43, for a total value of $834,689.00. Following the completion of the sale, the director now directly owns 80,766 shares in the company, valued at approximately $3,023,071.38. The trade was a 21.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.50% of the company's stock.

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.