LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Acquired by Barclays PLC

Barclays PLC grew its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 56.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 438,121 shares of the company's stock after purchasing an additional 157,775 shares during the quarter. Barclays PLC owned about 0.67% of LiveRamp worth $10,857,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Y Intercept Hong Kong Ltd boosted its position in LiveRamp by 164.0% in the third quarter. Y Intercept Hong Kong Ltd now owns 27,864 shares of the company's stock valued at $690,000 after buying an additional 17,310 shares during the last quarter. Wellington Management Group LLP lifted its stake in LiveRamp by 35.1% during the 3rd quarter. Wellington Management Group LLP now owns 31,306 shares of the company's stock valued at $776,000 after acquiring an additional 8,133 shares during the period. Weiss Asset Management LP boosted its holdings in shares of LiveRamp by 8.9% in the 3rd quarter. Weiss Asset Management LP now owns 235,020 shares of the company's stock valued at $5,824,000 after acquiring an additional 19,287 shares during the last quarter. Petrus Trust Company LTA increased its stake in shares of LiveRamp by 163.0% in the third quarter. Petrus Trust Company LTA now owns 30,637 shares of the company's stock worth $759,000 after acquiring an additional 18,986 shares during the period. Finally, Point72 DIFC Ltd purchased a new position in shares of LiveRamp during the third quarter worth $92,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company assumed coverage on shares of LiveRamp in a report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 price target on the stock. Benchmark lowered their target price on LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a research note on Thursday, November 7th. StockNews.com upgraded LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Monday. Finally, Macquarie restated an "outperform" rating and issued a $43.00 price objective on shares of LiveRamp in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, LiveRamp currently has an average rating of "Buy" and a consensus target price of $41.14.

LiveRamp Stock Performance

Shares of NYSE:RAMP traded down $0.47 during midday trading on Tuesday, reaching $31.90. 457,487 shares of the company's stock traded hands, compared to its average volume of 635,169. The company has a fifty day simple moving average of $28.00 and a two-hundred day simple moving average of $27.85. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $42.66. The company has a market cap of $2.08 billion, a P/E ratio of 638.00 and a beta of 0.97.

LiveRamp (NYSE:RAMP - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.14. The business had revenue of $185.00 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 earnings per share. As a group, research analysts forecast that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

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.