First Horizon Advisors Inc. Acquires Shares of 1,237 LiveRamp Holdings, Inc. (NYSE:RAMP)

First Horizon Advisors Inc. bought a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,237 shares of the company’s stock, valued at approximately $38,000.

A number of other large investors have also recently modified their holdings of RAMP. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of LiveRamp in the third quarter worth approximately $1,187,000. Royce & Associates LP raised its position in LiveRamp by 75.6% in the third quarter. Royce & Associates LP now owns 317,910 shares of the company’s stock worth $7,878,000 after acquiring an additional 136,900 shares during the period. HighTower Advisors LLC bought a new position in LiveRamp in the third quarter worth approximately $439,000. Robeco Institutional Asset Management B.V. raised its position in shares of LiveRamp by 353.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 66,911 shares of the company’s stock valued at $1,658,000 after purchasing an additional 52,166 shares during the period. Finally, American Capital Management Inc. raised its position in shares of LiveRamp by 46.7% during the 3rd quarter. American Capital Management Inc. now owns 2,877,814 shares of the company’s stock valued at $71,312,000 after purchasing an additional 916,578 shares during the period. Institutional investors own 93.83% of the company’s stock.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, CRO Vihan Sharma sold 39,845 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $35.56, for a total value of $1,416,888.20. Following the transaction, the executive now directly 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Mohsin Hussain sold 3,554 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $33.67, for a total value of $119,663.18. Following the sale, the chief technology officer now directly owns 57,594 shares in the company, valued at approximately $1,939,189.98. This represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.39% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on RAMP shares. Benchmark reaffirmed a “buy” rating and set a $45.00 target price on shares of LiveRamp in a research note on Wednesday. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Morgan Stanley lifted their price target on shares of LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 6th. Macquarie reiterated an “outperform” rating and set a $43.00 price objective on shares of LiveRamp in a report on Thursday, November 7th. Finally, Evercore ISI lifted their price objective on shares of LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Two 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.83.

LiveRamp Trading Down 1.2 %

RAMP stock opened at $29.56 on Friday. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $38.00. The company’s 50 day moving average is $32.14 and its two-hundred day moving average is $28.56. The stock has a market cap of $1.94 billion, a P/E ratio of 2,955.50 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. On average, equities research analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

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.