American Capital Management Inc. Grows Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

American Capital Management Inc. lifted its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 46.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,877,814 shares of the company's stock after buying an additional 916,578 shares during the period. LiveRamp makes up approximately 2.3% of American Capital Management Inc.'s portfolio, making the stock its 15th largest position. American Capital Management Inc. owned about 4.41% of LiveRamp worth $71,312,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. EVR Research LP acquired a new position in LiveRamp in the second quarter valued at about $5,879,000. Assenagon Asset Management S.A. lifted its holdings in shares of LiveRamp by 32.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 264,470 shares of the company's stock worth $8,183,000 after acquiring an additional 64,155 shares during the last quarter. Royce & Associates LP boosted its position in shares of LiveRamp by 75.6% during the 3rd quarter. Royce & Associates LP now owns 317,910 shares of the company's stock worth $7,878,000 after purchasing an additional 136,900 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in LiveRamp by 353.8% in 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 last quarter. Finally, Hsbc Holdings PLC raised its position in LiveRamp by 623.8% in the second quarter. Hsbc Holdings PLC now owns 93,317 shares of the company's stock valued at $2,858,000 after purchasing an additional 80,424 shares during the period. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on RAMP shares. Macquarie restated an "outperform" rating and set a $43.00 price target on shares of LiveRamp in a research report on Thursday, November 7th. Benchmark dropped their target price on LiveRamp from $48.00 to $42.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Wells Fargo & Company assumed coverage on shares of LiveRamp in a research report on Monday, October 28th. They set an "equal weight" rating and a $25.00 price target on the stock. Evercore ISI dropped their price objective on shares of LiveRamp from $50.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, August 8th. Finally, Craig Hallum cut their target price on shares of LiveRamp from $55.00 to $43.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, LiveRamp has a consensus rating of "Moderate Buy" and a consensus price target of $41.14.

LiveRamp Trading Down 0.3 %

NYSE:RAMP traded down $0.08 during mid-day trading on Friday, hitting $30.36. The stock had a trading volume of 196,541 shares, compared to its average volume of 570,531. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $42.66. The stock has a 50-day simple moving average of $26.28 and a two-hundred day simple moving average of $27.93. The company has a market capitalization of $1.98 billion, a PE ratio of 607.32 and a beta of 0.96.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.14. The business had revenue of $185.00 million during the quarter, compared to analysts' expectations of $176.16 million. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. The company's revenue for the quarter was up 15.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 EPS. Sell-side analysts predict that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Insider Transactions at LiveRamp

In related news, insider Kimberly Bloomston sold 4,000 shares of the stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $25.17, for a total value of $100,680.00. Following the transaction, the insider now directly owns 117,247 shares of the company's stock, valued at $2,951,106.99. This trade represents a 3.30 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Debora B. Tomlin sold 9,765 shares of the business's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $25.07, for a total transaction of $244,808.55. Following the completion of the sale, the director now directly owns 24,509 shares of the company's stock, valued at approximately $614,440.63. This trade represents a 28.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.39% of the company's stock.

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.