10,417 Shares in Red Violet, Inc. (NASDAQ:RDVT) Purchased by Trexquant Investment LP

Trexquant Investment LP acquired a new stake in shares of Red Violet, Inc. (NASDAQ:RDVT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,417 shares of the company’s stock, valued at approximately $377,000. Trexquant Investment LP owned approximately 0.08% of Red Violet as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RDVT. Janus Henderson Group PLC lifted its stake in Red Violet by 4.3% during the third quarter. Janus Henderson Group PLC now owns 24,305 shares of the company’s stock worth $691,000 after purchasing an additional 992 shares during the last quarter. SG Americas Securities LLC lifted its position 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 buying an additional 998 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Red Violet by 3.2% in the 4th quarter. Bank of New York Mellon Corp now owns 34,105 shares of the company’s stock valued at $1,235,000 after buying an additional 1,068 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Red Violet by 3.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,083 shares of the company’s stock valued at $1,161,000 after buying an additional 1,181 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Red Violet during the fourth quarter worth about $88,000. Institutional investors own 63.56% of the company’s stock.

Red Violet Stock Up 1.2 %

Shares of RDVT stock opened at $36.47 on Monday. The company has a market cap of $508.36 million, a P/E ratio of 101.31 and a beta of 1.57. The business has a 50 day moving average of $38.46 and a two-hundred day moving average of $35.49. Red Violet, Inc. has a 52 week low of $16.56 and a 52 week high of $43.44.

Insider Buying and Selling

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 value of $389,300.00. Following the sale, the director now directly owns 141,138 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 9.50% of the company’s stock.

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.