James Patrick Reilly Sells 10,000 Shares of Red Violet, Inc. (NASDAQ:RDVT) Stock

Red Violet, Inc. (NASDAQ:RDVT) President James Patrick Reilly sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $37.25, for a total transaction of $372,500.00. Following the completion of the sale, the president now owns 272,124 shares in the company, valued at $10,136,619. This represents a 3.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Red Violet Stock Down 4.7 %

NASDAQ:RDVT opened at $36.95 on Wednesday. The stock has a market capitalization of $509.61 million, a price-to-earnings ratio of 102.64 and a beta of 1.46. Red Violet, Inc. has a 52 week low of $16.56 and a 52 week high of $39.27. The firm has a 50 day moving average of $30.41 and a 200 day moving average of $26.76.

Institutional Trading of Red Violet

Several hedge funds and other institutional investors have recently made changes to their positions in RDVT. Barclays PLC grew its stake in Red Violet by 240.7% during the 3rd quarter. Barclays PLC now owns 18,502 shares of the company’s stock worth $526,000 after buying an additional 13,072 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Red Violet by 1.2% in 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 in the last quarter. State Street Corp grew its stake in shares of Red Violet by 5.7% during the third quarter. State Street Corp now owns 188,993 shares of the company’s stock worth $5,377,000 after acquiring an additional 10,199 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of 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 acquiring an additional 992 shares during the last quarter. Finally, PDT Partners LLC acquired a new position in shares of Red Violet during the third quarter valued at about $325,000. Hedge funds and other institutional investors own 63.56% 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.