Uniplan Investment Counsel Inc. Grows Stake in Red Violet, Inc. (NASDAQ:RDVT)

Uniplan Investment Counsel Inc. increased its holdings in Red Violet, Inc. (NASDAQ:RDVT - Free Report) by 27.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,209 shares of the company's stock after acquiring an additional 23,213 shares during the quarter. Uniplan Investment Counsel Inc. owned about 0.79% of Red Violet worth $3,953,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of Red Violet by 114.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,243 shares of the company's stock worth $889,000 after acquiring an additional 16,661 shares in the last quarter. Salem Investment Counselors Inc. increased its stake in shares of Red Violet by 202.7% in the 4th quarter. Salem Investment Counselors Inc. now owns 25,312 shares of the company's stock worth $916,000 after acquiring an additional 16,951 shares in the last quarter. Barclays PLC increased its stake in shares of Red Violet by 240.7% in the 3rd quarter. Barclays PLC now owns 18,502 shares of the company's stock worth $526,000 after acquiring an additional 13,072 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Red Violet by 14.3% in the 4th quarter. SG Americas Securities LLC now owns 7,990 shares of the company's stock worth $289,000 after acquiring an additional 998 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. bought a new position in shares of Red Violet in the 4th quarter worth about $232,000. 63.56% of the stock is currently owned by institutional investors.

Red Violet Stock Down 0.7 %

Red Violet stock traded down $0.26 during trading hours on Friday, hitting $37.30. The stock had a trading volume of 42,601 shares, compared to its average volume of 65,083. The stock's 50-day moving average price is $37.70 and its 200-day moving average price is $36.19. The stock has a market capitalization of $519.92 million, a P/E ratio of 103.61 and a beta of 1.57. Red Violet, Inc. has a 12-month low of $16.57 and a 12-month high of $43.44.

Insider Activity at Red Violet

In other Red Violet news, Director Steven D. Rubin sold 10,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was 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 approximately $5,494,502.34. This trade represents a 6.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 9.50% of the stock is owned by insiders.

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.