Red Violet, Inc. (NASDAQ:RDVT) Shares Purchased by Globeflex Capital L P

Globeflex Capital L P increased its stake in shares of Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 quarter.

Several other large investors have also recently added to or reduced their stakes in RDVT. JPMorgan Chase & Co. grew its position in shares of Red Violet by 114.3% during the third quarter. JPMorgan Chase & Co. now owns 31,243 shares of the company's stock worth $889,000 after acquiring an additional 16,661 shares during the last quarter. Salem Investment Counselors Inc. increased its stake in shares of Red Violet by 202.7% in the fourth quarter. Salem Investment Counselors Inc. now owns 25,312 shares of the company's stock valued at $916,000 after purchasing an additional 16,951 shares during the period. Barclays PLC raised its holdings in shares of Red Violet by 240.7% during the third quarter. Barclays PLC now owns 18,502 shares of the company's stock valued at $526,000 after buying an additional 13,072 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Red Violet by 14.3% during 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 during the period. Finally, Hennion & Walsh Asset Management Inc. bought a new position in Red Violet in the 4th quarter worth approximately $232,000. 63.56% of the stock is owned by institutional investors and hedge funds.

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Red Violet Stock Up 0.1 %

Red Violet stock traded up $0.02 during mid-day trading on Tuesday, hitting $38.61. 35,064 shares of the company's stock traded hands, compared to its average volume of 63,807. Red Violet, Inc. has a one year low of $16.56 and a one year high of $43.44. The firm has a 50 day moving average price of $37.59 and a 200 day moving average price of $34.25. The company has a market cap of $538.18 million, a PE ratio of 107.28 and a beta of 1.63.

Red Violet Company 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.