LiveRamp Holdings, Inc. (NYSE:RAMP) CRO Vihan Sharma Sells 39,845 Shares of Stock

LiveRamp Holdings, Inc. (NYSE:RAMP) CRO Vihan Sharma sold 39,845 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $35.56, for a total value of $1,416,888.20. Following the transaction, the executive now owns 110,902 shares of the company’s stock, valued at $3,943,675.12. This represents a 26.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

LiveRamp Stock Performance

Shares of RAMP stock opened at $34.37 on Wednesday. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $39.07. The firm has a market capitalization of $2.26 billion, a P/E ratio of 3,437.00 and a beta of 0.96. The stock has a 50 day moving average price of $32.01 and a 200 day moving average price of $28.17.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. As a group, sell-side analysts forecast that LiveRamp Holdings, Inc. will post 0.36 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on RAMP shares. StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Wells Fargo & Company started coverage on LiveRamp in a research note on Monday, October 28th. They issued an “equal weight” rating and a $25.00 price objective for the company. Macquarie reaffirmed an “outperform” rating and issued a $43.00 price objective on shares of LiveRamp in a research note on Thursday, November 7th. Evercore ISI raised their price objective on LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Finally, Morgan Stanley raised their price objective on LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

Institutional Investors Weigh In On LiveRamp

A number of institutional investors and hedge funds have recently modified their holdings of the business. DT Investment Partners LLC raised its position in LiveRamp by 62.6% during the 3rd quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock valued at $35,000 after purchasing an additional 545 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in LiveRamp during the 4th quarter valued at $38,000. Smartleaf Asset Management LLC raised its position in LiveRamp by 477.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after purchasing an additional 1,332 shares in the last quarter. GAMMA Investing LLC raised its position in LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after purchasing an additional 1,189 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its position in LiveRamp by 101.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock valued at $62,000 after purchasing an additional 1,027 shares in the last quarter. 93.83% of the stock is owned by institutional investors.

LiveRamp Company Profile

LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.