LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Bought by Royce & Associates LP

Royce & Associates LP grew its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 15.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 366,350 shares of the company’s stock after purchasing an additional 48,440 shares during the period. Royce & Associates LP’s holdings in LiveRamp were worth $11,126,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Natixis Advisors LLC acquired a new stake in LiveRamp in the 4th quarter valued at $567,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of LiveRamp by 43.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 508,186 shares of the company’s stock worth $15,434,000 after buying an additional 153,055 shares during the period. Wealthfront Advisers LLC acquired a new stake in shares of LiveRamp in the fourth quarter valued at about $1,674,000. King Luther Capital Management Corp raised its holdings in shares of LiveRamp by 6.4% during the 4th quarter. King Luther Capital Management Corp now owns 146,921 shares of the company’s stock valued at $4,462,000 after buying an additional 8,854 shares during the period. Finally, AlphaQuest LLC acquired a new position in LiveRamp during the 4th quarter worth approximately $1,113,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Insider Transactions at LiveRamp

In other news, CTO Mohsin Hussain sold 3,554 shares of LiveRamp stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $33.67, for a total value of $119,663.18. Following the completion of the transaction, the chief technology officer now directly owns 57,594 shares of the company’s stock, valued at approximately $1,939,189.98. The trade was a 5.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CRO Vihan Sharma sold 39,845 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the sale, the executive now owns 110,902 shares in the company, valued at approximately $3,943,675.12. This trade represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.39% of the company’s stock.

LiveRamp Trading Up 0.0 %

Shares of NYSE:RAMP opened at $26.33 on Tuesday. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $38.00. The firm has a market cap of $1.73 billion, a PE ratio of 2,633.40 and a beta of 0.96. The company has a fifty day simple moving average of $31.41 and a 200 day simple moving average of $28.88.

LiveRamp (NYSE:RAMP) last issued its 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 net margin of 0.01% and a return on equity of 0.97%. As a group, equities research analysts forecast that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on RAMP. Benchmark reiterated a “buy” rating and set a $45.00 price objective on shares of LiveRamp in a research note on Wednesday, February 26th. Morgan Stanley raised their price target on shares of LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. Evercore ISI boosted their price objective on shares of LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Finally, StockNews.com upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.83.

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.