ArrowMark Colorado Holdings LLC Lowers Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

ArrowMark Colorado Holdings LLC lessened its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 32.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,314 shares of the company's stock after selling 55,000 shares during the quarter. ArrowMark Colorado Holdings LLC owned approximately 0.18% of LiveRamp worth $2,857,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. DT Investment Partners LLC purchased a new stake in LiveRamp during the second quarter worth approximately $27,000. Quarry LP lifted its position in shares of LiveRamp by 4,575.0% during the 2nd quarter. Quarry LP now owns 935 shares of the company's stock worth $29,000 after buying an additional 915 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of LiveRamp by 187.1% in the 2nd quarter. Blue Trust Inc. now owns 1,065 shares of the company's stock valued at $33,000 after buying an additional 694 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of LiveRamp in the 1st quarter valued at $87,000. Finally, Quest Partners LLC lifted its position in LiveRamp by 68.8% in the second quarter. Quest Partners LLC now owns 2,998 shares of the company's stock valued at $93,000 after acquiring an additional 1,222 shares during the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Wells Fargo & Company started coverage on LiveRamp in a research report on Monday, October 28th. They set an "equal weight" rating and a $25.00 target price on the stock. Benchmark lowered their target price on shares of LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a research report on Thursday, November 7th. Macquarie reiterated an "outperform" rating and issued a $43.00 price target on shares of LiveRamp in a research report on Thursday, November 7th. Evercore ISI lowered their price objective on shares of LiveRamp from $50.00 to $40.00 and set an "outperform" rating on the stock in a research report on Thursday, August 8th. Finally, Craig Hallum reduced their target price on shares of LiveRamp from $55.00 to $43.00 and set a "buy" rating for the company in a report on Thursday, August 8th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $41.14.

Insider Transactions at LiveRamp

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

LiveRamp Stock Down 2.0 %

Shares of RAMP traded down $0.62 on Tuesday, reaching $30.98. The stock had a trading volume of 131,237 shares, compared to its average volume of 642,215. The firm has a 50-day moving average of $26.40 and a 200 day moving average of $27.89. The firm has a market capitalization of $2.02 billion, a PE ratio of 617.52 and a beta of 0.97. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $42.66.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings results 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. LiveRamp had a return on equity of 1.25% and a net margin of 0.40%. The business had revenue of $185.00 million during the quarter, compared to the consensus estimate of $176.16 million. During the same quarter in the previous year, the company posted $0.21 EPS. The business's revenue was up 15.6% on a year-over-year basis. On average, sell-side analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 earnings per share for the current fiscal 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.