Globeflex Capital L P Has $3.56 Million Stock Holdings in Red Violet, Inc. (NASDAQ:RDVT)

Globeflex Capital L P raised its stake in shares of Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 12.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 98,231 shares of the company's stock after buying an additional 10,587 shares during the quarter. Globeflex Capital L P owned about 0.71% of Red Violet worth $3,556,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Geode Capital Management LLC grew its position in shares of Red Violet by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 256,418 shares of the company's stock worth $7,297,000 after buying an additional 3,009 shares during the period. State Street Corp grew its position in shares of Red Violet by 5.7% during the 3rd quarter. State Street Corp now owns 188,993 shares of the company's stock worth $5,377,000 after buying an additional 10,199 shares during the period. Los Angeles Capital Management LLC grew its position in shares of Red Violet by 23.9% during the 4th quarter. Los Angeles Capital Management LLC now owns 69,464 shares of the company's stock worth $2,515,000 after buying an additional 13,414 shares during the period. Bank of New York Mellon Corp grew its position in shares of Red Violet by 3.2% during the 4th quarter. Bank of New York Mellon Corp now owns 34,105 shares of the company's stock worth $1,235,000 after buying an additional 1,068 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Red Violet by 3.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,083 shares of the company's stock worth $1,161,000 after buying an additional 1,181 shares during the period. 63.56% of the stock is currently owned by institutional investors and hedge funds.

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Red Violet Price Performance

Shares of Red Violet stock traded down $0.17 during trading on Tuesday, hitting $38.42. 81,817 shares of the company were exchanged, compared to its average volume of 64,171. The firm's fifty day moving average price is $37.65 and its 200 day moving average price is $34.31. Red Violet, Inc. has a 1-year low of $16.56 and a 1-year high of $43.44. The firm has a market capitalization of $535.54 million, a P/E ratio of 106.72 and a beta of 1.63.

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.