Red Violet, Inc. (NASDAQ:RDVT) Shares Bought by Marshall Wace LLP

Marshall Wace LLP lifted its stake in shares of Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 22.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 107,886 shares of the company's stock after purchasing an additional 19,835 shares during the quarter. Marshall Wace LLP owned about 0.78% of Red Violet worth $3,905,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC raised its position in shares of Red Violet by 14.3% during the 4th quarter. SG Americas Securities LLC now owns 7,990 shares of the company's stock worth $289,000 after purchasing an additional 998 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Red Violet by 3.2% during the fourth quarter. Bank of New York Mellon Corp now owns 34,105 shares of the company's stock worth $1,235,000 after purchasing an additional 1,068 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Red Violet by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,083 shares of the company's stock worth $1,161,000 after acquiring an additional 1,181 shares during the last quarter. Barclays PLC grew its stake in Red Violet by 10.6% during the fourth quarter. Barclays PLC now owns 20,463 shares of the company's stock worth $740,000 after buying an additional 1,961 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of Red Violet by 58.0% during the 4th quarter. Wells Fargo & Company MN now owns 5,688 shares of the company's stock valued at $206,000 after acquiring an additional 2,089 shares in the last quarter. Hedge funds and other institutional investors own 63.56% of the company's stock.

Red Violet Stock Performance

Shares of RDVT stock traded up $0.37 during trading hours on Thursday, reaching $39.43. The company had a trading volume of 29,932 shares, compared to its average volume of 65,829. The company has a market capitalization of $549.55 million, a P/E ratio of 109.74 and a beta of 1.57. Red Violet, Inc. has a twelve month low of $16.76 and a twelve month high of $43.44. The stock's fifty day simple moving average is $37.62 and its 200 day simple moving average is $36.31.

Insider Transactions at Red Violet

In other news, Director Steven D. Rubin sold 10,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $38.93, for a total transaction of $389,300.00. Following the completion of the sale, the director now directly owns 141,138 shares in the company, 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 at this hyperlink. Corporate 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.