LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Bought by Baillie Gifford & Co.

Baillie Gifford & Co. raised its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,416,642 shares of the company's stock after purchasing an additional 58,568 shares during the quarter. Baillie Gifford & Co. owned 2.17% of LiveRamp worth $43,023,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DT Investment Partners LLC grew its stake in shares of LiveRamp by 62.6% in the third quarter. DT Investment Partners LLC now owns 1,415 shares of the company's stock valued at $35,000 after buying an additional 545 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of LiveRamp by 232.2% in the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock valued at $52,000 after buying an additional 1,189 shares in the last quarter. KBC Group NV grew its stake in shares of LiveRamp by 57.0% in the fourth quarter. KBC Group NV now owns 3,457 shares of the company's stock valued at $105,000 after buying an additional 1,255 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of LiveRamp in the third quarter valued at $92,000. Finally, Pacer Advisors Inc. acquired a new position in LiveRamp during the 4th quarter worth $115,000. Hedge funds and other institutional investors own 93.83% of the company's stock.

LiveRamp Stock Performance

Shares of NYSE:RAMP traded down $1.32 on Friday, hitting $31.25. 396,087 shares of the company's stock were exchanged, compared to its average volume of 518,073. The firm's 50-day moving average is $32.24 and its 200 day moving average is $28.40. The company has a market capitalization of $2.05 billion, a PE ratio of 3,124.80 and a beta of 0.96. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. On average, analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on RAMP. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 22nd. Evercore ISI boosted their target price on LiveRamp from $40.00 to $45.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. Benchmark reissued a "buy" rating and set a $42.00 target price on shares of LiveRamp in a research note on Tuesday, February 4th. Wells Fargo & Company began coverage on LiveRamp in a research note on Monday, October 28th. They set an "equal weight" rating and a $25.00 target price for the company. Finally, Macquarie reissued an "outperform" rating and set a $43.00 target price on shares of LiveRamp in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $39.33.

Insider Activity

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 transaction of $1,416,888.20. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 of the company's stock, 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. Company insiders own 3.39% of the company's stock.

LiveRamp 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.