EFG Asset Management North America Corp. Has $2.79 Million Stake in LiveRamp Holdings, Inc. (NYSE:RAMP)

EFG Asset Management North America Corp. grew its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 106.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 91,881 shares of the company's stock after purchasing an additional 47,273 shares during the period. EFG Asset Management North America Corp. owned 0.14% of LiveRamp worth $2,788,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in LiveRamp by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 8,847,543 shares of the company's stock worth $268,700,000 after acquiring an additional 118,179 shares during the period. LPL Financial LLC acquired a new stake in shares of LiveRamp during the 4th quarter worth approximately $321,000. Fox Run Management L.L.C. lifted its holdings in shares of LiveRamp by 31.2% in the 4th quarter. Fox Run Management L.L.C. now owns 26,059 shares of the company's stock worth $791,000 after purchasing an additional 6,193 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in LiveRamp during the 4th quarter valued at approximately $392,000. Finally, Hillsdale Investment Management Inc. increased its position in LiveRamp by 0.9% in the fourth quarter. Hillsdale Investment Management Inc. now owns 150,280 shares of the company's stock worth $4,564,000 after buying an additional 1,400 shares during the period. 93.83% of the stock is currently owned by institutional investors.

LiveRamp Price Performance

Shares of LiveRamp stock traded down $0.69 on Friday, hitting $26.33. The company had a trading volume of 537,962 shares, compared to its average volume of 627,980. LiveRamp Holdings, Inc. has a 52 week low of $21.45 and a 52 week high of $38.00. The company has a market cap of $1.73 billion, a PE ratio of 2,632.90 and a beta of 0.96. The business has a 50-day simple moving average of $30.81 and a 200-day simple moving average of $28.98.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on RAMP shares. StockNews.com upgraded shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 22nd. Morgan Stanley upped their target price on shares of LiveRamp from $35.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 6th. Evercore ISI lifted their price target on LiveRamp from $40.00 to $45.00 and gave the company an "outperform" rating in a report on Thursday, February 6th. Finally, Benchmark reiterated a "buy" rating and set a $45.00 price objective on shares of LiveRamp in a research report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, LiveRamp currently has a consensus rating of "Moderate Buy" and a consensus price target of $39.83.

Insider Activity

In related news, CTO Mohsin Hussain sold 3,554 shares of the firm'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 transaction of $119,663.18. Following the completion of the sale, the chief technology officer now directly owns 57,594 shares in the company, valued at approximately $1,939,189.98. This trade represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CRO Vihan Sharma sold 39,845 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $35.56, for a total value of $1,416,888.20. Following the completion of the transaction, the executive now directly owns 110,902 shares in the company, valued at $3,943,675.12. This represents a 26.43 % decrease in their position. 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.