SCHEDULE 13G/A: BlackRock Amends Stake in Red Violet, Inc., Disclosing 5.6% Beneficial Ownership

BlackRock, Inc. has filed an amended Schedule 13G, reporting a 5.6% beneficial ownership stake in Red Violet, Inc. as of March 31, 2025.

Summary

• BlackRock, Inc. has filed Amendment No. 2 to its Schedule 13G regarding its beneficial ownership in Red Violet, Inc.
• As of March 31, 2025, BlackRock, Inc. beneficially owns 784,624 shares of Red Violet, Inc. Common Stock.
• This ownership represents 5.6% of the total class of securities outstanding.
• BlackRock, Inc. holds sole voting power over 778,486 shares and sole dispositive power over 784,624 shares.
• No shared voting or dispositive power is reported.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Red Violet, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G Amendment) disclosing beneficial ownership. It is factual and does not contain positive or negative sentiment regarding the issuer's performance or outlook. The sentiment is neutral as it simply reports a passive ownership stake.

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Red Violet, Inc.'s future performance or BlackRock's investment strategy beyond the certification that the shares are held in the ordinary course of business.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

Schedule 13G filings are routine disclosures by institutional investors, such as BlackRock, when they acquire more than 5% of a company's outstanding shares, indicating a passive investment intent. This filing provides transparency into significant ownership stakes, which can be of interest to other investors tracking institutional positions in a company like Red Violet, Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake, which may influence perceptions of institutional confidence in Red Violet, Inc.

Key Dates

Keywords

BlackRock, Red Violet Inc., RVLV, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing