Red Violet, Inc. (NASDAQ:RDVT) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of Red Violet, Inc. (NASDAQ:RDVT) by 3.8% in the fourth quarter, Holdings Channel reports. The firm owned 32,083 shares of the company’s stock after acquiring an additional 1,181 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Red Violet were worth $1,161,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its stake in Red Violet by 157.8% during the third quarter. BNP Paribas Financial Markets now owns 11,613 shares of the company’s stock worth $330,000 after buying an additional 7,108 shares during the period. Walleye Capital LLC purchased a new stake in Red Violet during the 3rd quarter worth $532,000. PDT Partners LLC acquired a new stake in Red Violet in the 3rd quarter valued at $325,000. Janus Henderson Group PLC raised its position in Red Violet by 4.3% in the third quarter. Janus Henderson Group PLC now owns 24,305 shares of the company’s stock valued at $691,000 after purchasing an additional 992 shares during the period. Finally, State Street Corp lifted its stake in shares of Red Violet by 5.7% during the third quarter. State Street Corp now owns 188,993 shares of the company’s stock worth $5,377,000 after purchasing an additional 10,199 shares in the last quarter. Hedge funds and other institutional investors own 63.56% of the company’s stock.

Red Violet Price Performance

Shares of NASDAQ RDVT opened at $37.33 on Monday. The company has a market capitalization of $520.34 million, a price-to-earnings ratio of 103.69 and a beta of 1.63. Red Violet, Inc. has a 1-year low of $16.56 and a 1-year high of $43.44. The business has a 50-day moving average of $38.33 and a 200-day moving average of $34.90.

Insider Buying and Selling

In other Red Violet news, Director Steven D. Rubin sold 10,000 shares of the stock in a transaction that occurred 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 completion of the sale, the director now owns 141,138 shares of the company’s stock, valued at $5,494,502.34. This trade represents a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.50% of the stock is currently owned by corporate insiders.

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.