Red Violet, Inc. (NASDAQ:RDVT) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its holdings in shares of Red Violet, Inc. (NASDAQ:RDVT) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 252,768 shares of the company’s stock after selling 3,650 shares during the period. Geode Capital Management LLC owned 1.83% of Red Violet worth $9,153,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of RDVT. JPMorgan Chase & Co. grew its position in shares of Red Violet by 114.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 31,243 shares of the company’s stock valued at $889,000 after buying an additional 16,661 shares during the last quarter. Salem Investment Counselors Inc. boosted its stake in Red Violet by 202.7% in the fourth quarter. Salem Investment Counselors Inc. now owns 25,312 shares of the company’s stock valued at $916,000 after acquiring an additional 16,951 shares during the period. Barclays PLC grew its holdings in shares of Red Violet by 240.7% during the third quarter. Barclays PLC now owns 18,502 shares of the company’s stock valued at $526,000 after purchasing an additional 13,072 shares during the last quarter. 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 period. Finally, Hennion & Walsh Asset Management Inc. bought a new stake in shares of Red Violet in the 4th quarter worth approximately $232,000. 63.56% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Red Violet

In related news, Director Steven D. Rubin sold 10,000 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $38.93, for a total value of $389,300.00. Following the sale, the director now owns 141,138 shares of the company’s stock, valued at $5,494,502.34. This trade represents a 6.62 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 9.50% of the stock is currently owned by company insiders.

Red Violet Price Performance

NASDAQ:RDVT opened at $37.28 on Thursday. The firm has a market capitalization of $519.65 million, a P/E ratio of 103.56 and a beta of 1.57. The business has a 50 day simple moving average of $37.86 and a 200 day simple moving average of $35.90. Red Violet, Inc. has a 12-month low of $16.56 and a 12-month high of $43.44.

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.