Red Violet, Inc. (NASDAQ:RDVT) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 9.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 107,211 shares of the company's stock after acquiring an additional 9,404 shares during the period. Dimensional Fund Advisors LP owned about 0.78% of Red Violet worth $3,882,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Wasatch Advisors LP boosted its holdings in Red Violet by 23.7% in the fourth quarter. Wasatch Advisors LP now owns 676,399 shares of the company's stock valued at $24,486,000 after purchasing an additional 129,519 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Red Violet by 98.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 131,988 shares of the company's stock worth $4,778,000 after buying an additional 65,561 shares during the last quarter. Marshall Wace LLP grew its holdings in Red Violet by 22.5% during the fourth quarter. Marshall Wace LLP now owns 107,886 shares of the company's stock worth $3,905,000 after acquiring an additional 19,835 shares during the period. Hillsdale Investment Management Inc. raised its position in Red Violet by 26.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 102,600 shares of the company's stock valued at $3,714,000 after acquiring an additional 21,400 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in Red Violet by 39.7% during the fourth quarter. Russell Investments Group Ltd. now owns 100,244 shares of the company's stock valued at $3,629,000 after acquiring an additional 28,500 shares in the last quarter. 63.56% of the stock is owned by hedge funds and other institutional investors.

Red Violet Trading Up 0.0%

Red Violet stock traded up $0.01 during mid-day trading on Friday, hitting $49.20. The company had a trading volume of 171,167 shares, compared to its average volume of 71,492. The company has a market capitalization of $686.64 million, a price-to-earnings ratio of 136.67 and a beta of 1.69. Red Violet, Inc. has a 12-month low of $19.60 and a 12-month high of $49.80. The company's fifty day moving average is $38.90 and its 200-day moving average is $37.45.

Insider Activity at Red Violet

In other Red Violet news, CEO Derek Dubner sold 10,000 shares of Red Violet stock in a transaction on Friday, May 9th. The shares were sold at an average price of $46.21, for a total value of $462,100.00. Following the completion of the transaction, the chief executive officer now owns 580,379 shares of the company's stock, valued at approximately $26,819,313.59. The trade was a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeffrey Alan Dell sold 5,000 shares of the stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $46.20, for a total transaction of $231,000.00. Following the sale, the insider now directly owns 172,968 shares in the company, valued at approximately $7,991,121.60. The trade was a 2.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock worth $1,082,400 in the last three months. Company insiders own 9.50% of the company's stock.

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.