Integrated Quantitative Investments LLC Acquires New Holdings in Red Violet, Inc. (NASDAQ:RDVT)

Integrated Quantitative Investments LLC acquired a new position in Red Violet, Inc. (NASDAQ:RDVT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,429 shares of the company's stock, valued at approximately $305,000. Integrated Quantitative Investments LLC owned 0.06% of Red Violet as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of RDVT. Geode Capital Management LLC lifted its holdings in Red Violet by 1.2% during 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. State Street Corp raised its stake in Red Violet by 5.7% in the third quarter. State Street Corp now owns 188,993 shares of the company's stock valued at $5,377,000 after purchasing an additional 10,199 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Red Violet by 98.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 131,988 shares of the company's stock valued at $4,778,000 after buying an additional 65,561 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in Red Violet by 26.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 102,600 shares of the company's stock worth $3,714,000 after purchasing an additional 21,400 shares during the last quarter. Finally, Globeflex Capital L P lifted its position in Red Violet by 12.1% in the 4th quarter. Globeflex Capital L P now owns 98,231 shares of the company's stock worth $3,556,000 after buying an additional 10,587 shares during the last quarter. Institutional investors own 63.56% of the company's stock.

Red Violet Stock Up 1.2 %

Shares of Red Violet stock traded up $0.43 during trading on Friday, reaching $36.47. The company's stock had a trading volume of 56,119 shares, compared to its average volume of 63,888. The firm's 50-day moving average is $38.46 and its two-hundred day moving average is $35.44. Red Violet, Inc. has a 52-week low of $16.56 and a 52-week high of $43.44. The company has a market cap of $508.36 million, a price-to-earnings ratio of 101.31 and a beta of 1.57.

Insider Transactions at Red Violet

In related news, Director Steven D. Rubin sold 10,000 shares of Red Violet stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $38.93, for a total value of $389,300.00. Following the transaction, the director now directly owns 141,138 shares of the company's stock, valued at $5,494,502.34. The trade was a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 9.50% of the company's stock.

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.