Calamos Advisors LLC Acquires Shares of 15,633 Red Violet, Inc. (NASDAQ:RDVT)

Calamos Advisors LLC purchased a new position in shares of Red Violet, Inc. (NASDAQ:RDVT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,633 shares of the company's stock, valued at approximately $566,000. Calamos Advisors LLC owned 0.11% of Red Violet as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RDVT. Hennion & Walsh Asset Management Inc. acquired a new position in Red Violet during the fourth quarter worth $232,000. SG Americas Securities LLC bought a new stake in shares of Red Violet during the 3rd quarter worth about $199,000. Cubist Systematic Strategies LLC acquired a new position in shares of Red Violet during the 2nd quarter valued at about $204,000. PDT Partners LLC bought a new position in shares of Red Violet in the 3rd quarter valued at approximately $325,000. Finally, BNP Paribas Financial Markets lifted its holdings in Red Violet by 157.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 11,613 shares of the company's stock worth $330,000 after purchasing an additional 7,108 shares during the last quarter. 63.56% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Red Violet

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

Red Violet Stock Down 1.3 %

Shares of NASDAQ:RDVT traded down $0.53 during trading on Friday, reaching $39.41. The stock had a trading volume of 106,189 shares, compared to its average volume of 75,576. The stock has a fifty day simple moving average of $36.77 and a two-hundred day simple moving average of $31.92. The firm has a market capitalization of $543.46 million, a price-to-earnings ratio of 109.47 and a beta of 1.49. Red Violet, Inc. has a 52 week low of $16.56 and a 52 week high of $40.50.

Red Violet Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, January 31st.

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.