Bailard Inc. Invests $243,000 in Red Violet, Inc. (NASDAQ:RDVT)

Bailard Inc. acquired a new position in Red Violet, Inc. (NASDAQ:RDVT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,700 shares of the company's stock, valued at approximately $243,000.

Other large investors also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. bought a new position in Red Violet in the fourth quarter worth approximately $232,000. SG Americas Securities LLC raised its stake in Red Violet by 14.3% in the fourth quarter. SG Americas Securities LLC now owns 7,990 shares of the company's stock worth $289,000 after buying an additional 998 shares in the last quarter. PDT Partners LLC bought a new position in Red Violet in the third quarter worth approximately $325,000. BNP Paribas Financial Markets raised its stake in Red Violet by 157.8% in the third quarter. BNP Paribas Financial Markets now owns 11,613 shares of the company's stock worth $330,000 after buying an additional 7,108 shares in the last quarter. Finally, White Pine Capital LLC bought a new position in Red Violet in the fourth quarter worth approximately $381,000. Institutional investors own 63.56% of the company's stock.

Red Violet Stock Performance

NASDAQ:RDVT traded down $0.59 during trading hours on Friday, reaching $35.95. The company's stock had a trading volume of 99,495 shares, compared to its average volume of 91,982. The company has a market capitalization of $501.11 million, a P/E ratio of 99.86 and a beta of 1.63. Red Violet, Inc. has a 12 month low of $16.56 and a 12 month high of $43.44. The stock has a 50 day moving average price of $37.50 and a two-hundred day moving average price of $33.87.

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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.