17,923 Shares in LiveRamp Holdings, Inc. (NYSE:RAMP) Acquired by Intech Investment Management LLC

Intech Investment Management LLC purchased a new stake in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 17,923 shares of the company's stock, valued at approximately $444,000.

Other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in LiveRamp by 8.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 22,755 shares of the company's stock worth $786,000 after acquiring an additional 1,803 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in LiveRamp during the first quarter worth about $87,000. Clarius Group LLC raised its stake in shares of LiveRamp by 1.7% in the 2nd quarter. Clarius Group LLC now owns 91,076 shares of the company's stock valued at $2,818,000 after acquiring an additional 1,520 shares during the period. Carolina Wealth Advisors LLC lifted its holdings in shares of LiveRamp by 11.2% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 27,349 shares of the company's stock worth $846,000 after acquiring an additional 2,764 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in LiveRamp during the second quarter worth $509,000. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RAMP has been the topic of a number of analyst reports. Benchmark lowered their price objective 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. Evercore ISI cut their price target on LiveRamp from $50.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, August 8th. Craig Hallum lowered their target price on shares of LiveRamp from $55.00 to $43.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. 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 price objective for the company. Finally, Macquarie restated an "outperform" rating and set 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 and seven have given a buy rating to the stock. Based on data from MarketBeat, LiveRamp presently has an average rating of "Moderate Buy" and an average target price of $41.14.

LiveRamp Trading Down 1.7 %

RAMP stock traded down $0.55 during trading hours on Tuesday, hitting $31.05. 528,472 shares of the stock were exchanged, compared to its average volume of 586,434. The firm has a market capitalization of $2.03 billion, a P/E ratio of 621.12 and a beta of 0.97. LiveRamp Holdings, Inc. has a 12 month low of $21.45 and a 12 month high of $42.66. The company has a 50-day simple moving average of $26.40 and a two-hundred day simple moving average of $27.89.

LiveRamp (NYSE:RAMP - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.14. The company had revenue of $185.00 million for the quarter, compared to analysts' expectations of $176.16 million. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. LiveRamp's revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 earnings per share. On average, equities research analysts predict that LiveRamp Holdings, Inc. will post 0.36 earnings per share for the current year.

Insider Buying and Selling at LiveRamp

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