9,239 Shares in Red Violet, Inc. (NASDAQ:RDVT) Bought by Jump Financial LLC

Jump Financial LLC purchased a new stake in Red Violet, Inc. (NASDAQ:RDVT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 9,239 shares of the company's stock, valued at approximately $334,000. Jump Financial LLC owned 0.07% of Red Violet at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC increased its stake in Red Violet by 1.2% during the third quarter. Geode Capital Management LLC now owns 256,418 shares of the company's stock worth $7,297,000 after acquiring an additional 3,009 shares during the last quarter. State Street Corp grew its holdings in shares of Red Violet by 5.7% during the 3rd 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 during the period. Arrowstreet Capital Limited Partnership raised its holdings in Red Violet by 98.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 131,988 shares of the company's stock valued at $4,778,000 after buying an additional 65,561 shares during the period. Hillsdale Investment Management Inc. raised its stake in shares of Red Violet by 26.4% in the 4th 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 during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Red Violet by 39.7% during the 4th quarter. Russell Investments Group Ltd. now owns 100,244 shares of the company's stock worth $3,629,000 after purchasing an additional 28,500 shares during the period. Institutional investors and hedge funds own 63.56% of the company's stock.

Insider Activity at Red Violet

In other Red Violet news, Director Steven D. Rubin sold 10,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $38.93, for a total transaction of $389,300.00. Following the sale, the director now directly owns 141,138 shares in the company, valued at $5,494,502.34. This represents a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 9.50% of the company's stock.

Red Violet Stock Up 0.9 %

NASDAQ RDVT traded up $0.37 on Thursday, reaching $39.43. The stock had a trading volume of 29,932 shares, compared to its average volume of 65,829. The stock has a fifty day moving average price of $37.62 and a two-hundred day moving average price of $36.31. Red Violet, Inc. has a 12-month low of $16.76 and a 12-month high of $43.44. The firm has a market capitalization of $549.55 million, a price-to-earnings ratio of 109.74 and a beta of 1.57.

Red Violet 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.