Barclays PLC Boosts Stock Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Barclays PLC grew its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 468,322 shares of the company's stock after buying an additional 30,201 shares during the period. Barclays PLC owned 0.71% of LiveRamp worth $14,222,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC acquired a new position in LiveRamp in the 3rd quarter valued at about $439,000. Geode Capital Management LLC grew its holdings in shares of LiveRamp by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,493,522 shares of the company's stock worth $37,017,000 after buying an additional 15,340 shares in the last quarter. Franklin Resources Inc. raised its position in shares of LiveRamp by 11.5% in the third quarter. Franklin Resources Inc. now owns 1,526,250 shares of the company's stock valued at $37,653,000 after buying an additional 157,696 shares during the last quarter. 272 Capital LP purchased a new position in shares of LiveRamp during the third quarter valued at approximately $3,914,000. Finally, GAMMA Investing LLC boosted its position in LiveRamp by 232.2% during the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after acquiring an additional 1,189 shares during the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity at LiveRamp

In other news, CRO Vihan Sharma sold 39,845 shares of LiveRamp stock in a transaction that occurred on Monday, February 10th. The shares were 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 $3,943,675.12. This trade represents a 26.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Mohsin Hussain sold 3,554 shares of the company's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the transaction, the chief technology officer now owns 57,594 shares of the company's stock, valued at $1,939,189.98. This trade represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.39% of the stock is owned by insiders.

LiveRamp Stock Up 1.7 %

Shares of NYSE RAMP traded up $0.42 during midday trading on Wednesday, hitting $25.75. The stock had a trading volume of 539,101 shares, compared to its average volume of 632,725. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 2,575.00 and a beta of 1.05. The company has a fifty day moving average price of $27.41 and a 200 day moving average price of $28.94.

LiveRamp (NYSE:RAMP - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share 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%. On average, research analysts forecast that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Evercore ISI reissued an "underperform" rating on shares of LiveRamp in a research note on Wednesday, April 16th. Morgan Stanley reiterated an "equal weight" rating on shares of LiveRamp in a research report on Wednesday, April 16th. Benchmark restated a "buy" rating and issued a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. Finally, StockNews.com upgraded shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $38.17.

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.