15,633 Shares in Red Violet, Inc. (NASDAQ:RDVT) Purchased by Calamos Advisors LLC

Calamos Advisors LLC purchased a new stake in shares of Red Violet, Inc. (NASDAQ:RDVT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,633 shares of the company’s stock, valued at approximately $566,000. Calamos Advisors LLC owned 0.11% of Red Violet as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Geode Capital Management LLC grew its position in shares of Red Violet by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 256,418 shares of the company’s stock valued at $7,297,000 after acquiring an additional 3,009 shares during the period. State Street Corp grew its holdings in Red Violet by 5.7% during the third quarter. State Street Corp now owns 188,993 shares of the company’s stock valued at $5,377,000 after purchasing an additional 10,199 shares during the period. Dimensional Fund Advisors LP increased its position in Red Violet by 16.0% in the second quarter. Dimensional Fund Advisors LP now owns 86,511 shares of the company’s stock worth $2,196,000 after buying an additional 11,964 shares during the last quarter. Los Angeles Capital Management LLC increased its position in Red Violet by 158.3% in the third quarter. Los Angeles Capital Management LLC now owns 56,050 shares of the company’s stock worth $1,595,000 after buying an additional 34,348 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Red Violet by 114.3% in the third 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 period. Hedge funds and other institutional investors own 63.56% of the company’s stock.

Red Violet Stock Performance

RDVT stock opened at $39.96 on Thursday. The stock has a fifty day moving average of $36.65 and a 200-day moving average of $31.77. Red Violet, Inc. has a fifty-two week low of $16.56 and a fifty-two week high of $40.07. The company has a market capitalization of $551.05 million, a price-to-earnings ratio of 111.00 and a beta of 1.49.

Red Violet Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, January 31st.

Insider Transactions at Red Violet

In related news, Director Peter Benz sold 22,300 shares of the business’s stock in a transaction 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 in the company, valued at approximately $3,023,071.38. The trade was a 21.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President James Patrick Reilly sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $37.25, for a total value 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 position. The disclosure for this sale can be found here. Corporate insiders own 9.50% 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.