Northern Trust Corp Buys 6,544 Shares of Red Violet, Inc. (NASDAQ:RDVT)

Northern Trust Corp lifted its position in Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 6.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 102,880 shares of the company's stock after purchasing an additional 6,544 shares during the quarter. Northern Trust Corp owned about 0.75% of Red Violet worth $3,724,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Wasatch Advisors LP increased its position in Red Violet by 23.7% in the fourth quarter. Wasatch Advisors LP now owns 676,399 shares of the company's stock worth $24,486,000 after purchasing an additional 129,519 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Red Violet by 98.7% in the 4th 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 in the last quarter. Uniplan Investment Counsel Inc. grew its stake in shares of Red Violet by 27.0% in the 4th quarter. Uniplan Investment Counsel Inc. now owns 109,209 shares of the company's stock worth $3,953,000 after buying an additional 23,213 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Red Violet by 22.5% in the 4th quarter. Marshall Wace LLP now owns 107,886 shares of the company's stock worth $3,905,000 after buying an additional 19,835 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Red Violet by 9.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 107,211 shares of the company's stock valued at $3,882,000 after buying an additional 9,404 shares in the last quarter. 63.56% of the stock is owned by institutional investors.

Insider Buying and Selling at Red Violet

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

Red Violet Trading Up 0.4%

Shares of NASDAQ:RDVT traded up $0.18 during trading on Wednesday, reaching $50.00. The company's stock had a trading volume of 199,943 shares, compared to its average volume of 73,664. The stock has a market capitalization of $697.80 million, a PE ratio of 138.89 and a beta of 1.69. Red Violet, Inc. has a 12 month low of $20.30 and a 12 month high of $51.10. The firm's 50 day simple moving average is $41.01 and its two-hundred day simple moving average is $38.56.

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.