Globeflex Capital L P Buys 10,587 Shares of Red Violet, Inc. (NASDAQ:RDVT)

Globeflex Capital L P raised its holdings in Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 12.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 98,231 shares of the company's stock after purchasing an additional 10,587 shares during the quarter. Globeflex Capital L P owned 0.71% of Red Violet worth $3,556,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Janus Henderson Group PLC boosted its holdings in shares of Red Violet by 4.3% during the 3rd quarter. Janus Henderson Group PLC now owns 24,305 shares of the company's stock valued at $691,000 after acquiring an additional 992 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Red Violet by 14.3% during the 4th quarter. SG Americas Securities LLC now owns 7,990 shares of the company's stock valued at $289,000 after acquiring an additional 998 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings 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 valued at $1,235,000 after acquiring an additional 1,068 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings 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 valued at $1,161,000 after acquiring an additional 1,181 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings 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 valued at $7,297,000 after acquiring an additional 3,009 shares in the last quarter. Institutional investors and hedge funds own 63.56% of the company's stock.

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Red Violet Trading Up 3.5 %

NASDAQ:RDVT traded up $1.31 during trading hours on Monday, hitting $38.59. 61,861 shares of the company were exchanged, compared to its average volume of 90,474. The stock has a market capitalization of $537.91 million, a price-to-earnings ratio of 107.19 and a beta of 1.63. Red Violet, Inc. has a one year low of $16.56 and a one year high of $43.44. The company has a fifty day simple moving average of $37.53 and a 200 day simple moving average of $34.18.

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.