Janney Montgomery Scott LLC Has $1.25 Million Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Janney Montgomery Scott LLC boosted its stake in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 30.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 41,205 shares of the company's stock after buying an additional 9,737 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.06% of LiveRamp worth $1,251,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of RAMP. Clarius Group LLC grew its stake in shares of LiveRamp by 1.9% during the 4th quarter. Clarius Group LLC now owns 95,086 shares of the company's stock worth $2,888,000 after acquiring an additional 1,758 shares during the period. Carolina Wealth Advisors LLC boosted its stake in LiveRamp by 2.2% in the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company's stock worth $778,000 after purchasing an additional 560 shares during the period. GAMMA Investing LLC boosted its position in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock valued at $52,000 after acquiring an additional 1,189 shares during the last quarter. 272 Capital LP bought a new stake in shares of LiveRamp during the 3rd quarter valued at about $3,914,000. Finally, Franklin Resources Inc. boosted its position in shares of LiveRamp by 11.5% during the 3rd quarter. Franklin Resources Inc. now owns 1,526,250 shares of the company's stock valued at $37,653,000 after acquiring an additional 157,696 shares during the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

LiveRamp Stock Performance

Shares of RAMP stock traded down $0.22 during mid-day trading on Friday, hitting $35.23. The company's stock had a trading volume of 785,685 shares, compared to its average volume of 531,757. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $42.10. The business has a 50-day moving average price of $31.86 and a 200 day moving average price of $28.12. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 3,522.80 and a beta of 0.96.

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 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%. Equities research analysts predict that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Macquarie reissued an "outperform" rating and set a $43.00 price objective on shares of LiveRamp in a report on Thursday, November 7th. Benchmark reissued a "buy" rating and set a $42.00 price objective on shares of LiveRamp in a report on Tuesday. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Sunday, December 22nd. Wells Fargo & Company assumed coverage on LiveRamp in a report on Monday, October 28th. They set an "equal weight" rating and a $25.00 price objective on the stock. Finally, Morgan Stanley raised their price objective on LiveRamp from $35.00 to $38.00 and gave the company an "equal weight" rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $40.86.

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.