Pembroke Management LTD Buys 16,703 Shares of Red Violet, Inc. (NASDAQ:RDVT)

Pembroke Management LTD boosted its stake in shares of Red Violet, Inc. (NASDAQ:RDVT) by 125.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,052 shares of the company’s stock after buying an additional 16,703 shares during the period. Pembroke Management LTD owned 0.22% of Red Violet worth $1,088,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of RDVT. SG Americas Securities LLC acquired a new position in Red Violet during the third quarter worth $199,000. Los Angeles Capital Management LLC raised its holdings in Red Violet by 158.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 56,050 shares of the company’s stock valued at $1,595,000 after buying an additional 34,348 shares during the period. BNP Paribas Financial Markets raised its position in Red Violet by 157.8% in the third quarter. BNP Paribas Financial Markets now owns 11,613 shares of the company’s stock valued at $330,000 after purchasing an additional 7,108 shares during the period. Walleye Capital LLC purchased a new stake in shares of Red Violet in the 3rd quarter valued at $532,000. Finally, PDT Partners LLC purchased a new stake in Red Violet during the third quarter worth about $325,000. 63.56% of the stock is currently owned by institutional investors.

Red Violet Trading Up 1.9 %

NASDAQ:RDVT opened at $43.16 on Tuesday. The stock has a fifty day moving average price of $37.21 and a 200 day moving average price of $32.67. The firm has a market cap of $595.18 million, a PE ratio of 119.89 and a beta of 1.49. Red Violet, Inc. has a 12-month low of $16.56 and a 12-month high of $43.28.

Red Violet Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were issued a $0.30 dividend. The ex-dividend date was Friday, January 31st.

Insider Transactions at Red Violet

In related news, President James Patrick Reilly sold 10,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the president now owns 272,124 shares of the company’s stock, valued at approximately $10,136,619. This represents a 3.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Peter Benz sold 22,300 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $37.43, for a total transaction of $834,689.00. Following the sale, the director now directly owns 80,766 shares of the company’s stock, valued at approximately $3,023,071.38. This trade represents a 21.64 % decrease in their position. The disclosure for this sale can be found here. Insiders own 9.50% of the company’s stock.

Red Violet Company 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.