Barclays PLC Has $526,000 Stock Position in Red Violet, Inc. (NASDAQ:RDVT)

Barclays PLC increased its position in Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 240.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,502 shares of the company's stock after purchasing an additional 13,072 shares during the quarter. Barclays PLC owned approximately 0.13% of Red Violet worth $526,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC bought a new stake in Red Violet in the third quarter valued at approximately $199,000. Cubist Systematic Strategies LLC bought a new stake in Red Violet in the 2nd quarter valued at $204,000. PDT Partners LLC bought a new stake in Red Violet in the 3rd quarter valued at $325,000. BNP Paribas Financial Markets lifted its holdings in 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 purchasing an additional 7,108 shares during the last quarter. Finally, Pembroke Management LTD bought a new position in Red Violet during the third quarter worth $380,000. 63.56% of the stock is currently owned by institutional investors and hedge funds.

Red Violet Stock Up 1.2 %

Shares of NASDAQ RDVT traded up $0.41 during mid-day trading on Friday, reaching $35.45. 48,078 shares of the company were exchanged, compared to its average volume of 42,019. The stock has a market capitalization of $488.86 million, a P/E ratio of 98.47 and a beta of 1.48. The company's 50-day simple moving average is $36.40 and its 200-day simple moving average is $30.77. Red Violet, Inc. has a twelve month low of $16.56 and a twelve month high of $39.88.

Red Violet Dividend Announcement

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

Insiders Place Their Bets

In other news, President James Patrick Reilly sold 10,000 shares of Red Violet stock in a transaction 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 sale, the president now owns 272,124 shares of the company's stock, valued at approximately $10,136,619. This trade represents a 3.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter Benz sold 22,300 shares of the company's stock in a transaction dated 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 transaction, the director now owns 80,766 shares in the company, valued at $3,023,071.38. This trade represents a 21.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 9.50% of the company's stock.

About Red Violet

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.