Janus Henderson Group PLC Boosts Stock Position in Red Violet, Inc. (NASDAQ:RDVT)

Janus Henderson Group PLC grew its holdings in shares of Red Violet, Inc. (NASDAQ:RDVT) by 4.3% in the third quarter, Holdings Channel reports. The institutional investor owned 24,305 shares of the company’s stock after purchasing an additional 992 shares during the period. Janus Henderson Group PLC’s holdings in Red Violet were worth $691,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Red Violet by 16.0% during the second quarter. Dimensional Fund Advisors LP now owns 86,511 shares of the company’s stock worth $2,196,000 after purchasing an additional 11,964 shares during the last quarter. Marshall Wace LLP raised its holdings in Red Violet by 323.4% during the second quarter. Marshall Wace LLP now owns 56,561 shares of the company’s stock worth $1,437,000 after purchasing an additional 43,203 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in Red Violet by 158.3% during the third quarter. Los Angeles Capital Management LLC now owns 56,050 shares of the company’s stock worth $1,595,000 after purchasing an additional 34,348 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Red Violet by 11.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 40,960 shares of the company’s stock worth $1,040,000 after buying an additional 4,264 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in shares of Red Violet by 28.4% in the 2nd quarter. Squarepoint Ops LLC now owns 29,804 shares of the company’s stock valued at $757,000 after buying an additional 6,599 shares in the last quarter. 63.56% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Peter Benz sold 22,300 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $37.43, for a total value of $834,689.00. Following the completion of the sale, the director now directly owns 80,766 shares of the company’s stock, valued at $3,023,071.38. This represents a 21.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President James Patrick Reilly sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $37.25, for a total value of $372,500.00. Following the transaction, the president now owns 272,124 shares in the company, valued at $10,136,619. This represents a 3.54 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 9.50% of the company’s stock.

Red Violet Price Performance

Shares of NASDAQ:RDVT opened at $37.65 on Friday. Red Violet, Inc. has a 12 month low of $16.56 and a 12 month high of $39.84. The firm has a market capitalization of $519.19 million, a P/E ratio of 104.58 and a beta of 1.49. The company’s fifty day moving average price is $32.95 and its 200 day moving average price is $28.36.

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.