SCHEDULE 13G: Wasatch Advisors LP Reports 6.1% Ownership in Red Violet, Inc.

Wasatch Advisors LP filed a Schedule 13G indicating beneficial ownership of 6.1% of Red Violet, Inc.'s common stock as of March 31, 2025.

Summary

• Wasatch Advisors LP reports beneficial ownership of 853,892 shares of Red Violet, Inc.'s common stock.
• This represents approximately 6.1% of the outstanding shares.
• Wasatch Advisors LP has sole voting power over 810,815 shares and sole dispositive power over 853,892 shares.
• The filing date is May 9, 2025, and the event date requiring the filing was March 31, 2025.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a regulatory filing disclosing ownership.

Positives

• Wasatch Advisors LP holds a significant ownership stake in Red Violet, Inc., indicating confidence in the company.
• The shares were acquired in the ordinary course of business and not for the purpose of influencing control of the issuer.

Future Outlook

The filing does not contain any forward-looking statements regarding Red Violet, Inc.'s future performance or Wasatch Advisors LP's investment strategy.

Industry Context

Schedule 13G filings are common for investment advisors holding significant positions in publicly traded companies. This filing indicates Wasatch Advisors LP's passive investment stake in Red Violet, Inc.

Stakeholder Impact

• Shareholders: Awareness of institutional ownership can influence investor sentiment.
• Company: Red Violet, Inc. is aware of a significant institutional investor.

Key Dates

Keywords

Schedule 13G, beneficial ownership, Red Violet, Inc., Wasatch Advisors LP, common stock, investment adviser