LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 19.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,629,780 shares of the company's stock after selling 394,869 shares during the quarter. Janus Henderson Group PLC owned approximately 2.50% of LiveRamp worth $40,385,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RAMP. American Capital Management Inc. raised its holdings in shares of LiveRamp by 46.7% in the 3rd quarter. American Capital Management Inc. now owns 2,877,814 shares of the company's stock valued at $71,312,000 after purchasing an additional 916,578 shares in the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new stake in LiveRamp during the second quarter worth $13,214,000. Assenagon Asset Management S.A. boosted its position in LiveRamp by 111.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 559,213 shares of the company's stock valued at $13,857,000 after acquiring an additional 294,743 shares in the last quarter. Millennium Management LLC increased its holdings in shares of LiveRamp by 143.8% in the 2nd quarter. Millennium Management LLC now owns 395,619 shares of the company's stock valued at $12,240,000 after acquiring an additional 233,329 shares during the period. Finally, EVR Research LP purchased a new stake in shares of LiveRamp during the 2nd quarter worth $5,879,000. Institutional investors own 93.83% of the company's stock.

Wall Street Analyst Weigh In

RAMP has been the topic of several analyst reports. Wells Fargo & Company assumed coverage on LiveRamp in a research note on Monday, October 28th. They issued an "equal weight" rating and a $25.00 target price on the stock. Macquarie reissued an "outperform" rating and issued a $43.00 price target on shares of LiveRamp in a report on Thursday, November 7th. Finally, Benchmark decreased their price target on shares of LiveRamp from $48.00 to $42.00 and set a "buy" rating for the company in a report on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $41.14.

LiveRamp Stock Up 2.7 %

Shares of NYSE:RAMP traded up $0.84 during midday trading on Friday, reaching $31.75. The company's stock had a trading volume of 377,732 shares, compared to its average volume of 579,043. The firm has a market capitalization of $2.07 billion, a PE ratio of 635.13 and a beta of 0.97. The stock has a fifty day moving average of $26.90 and a 200 day moving average of $27.87. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $42.66.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.14. LiveRamp had a return on equity of 1.25% and a net margin of 0.40%. The business had revenue of $185.00 million during the quarter, compared to analyst estimates of $176.16 million. During the same quarter last year, the business posted $0.21 EPS. The company's revenue was up 15.6% on a year-over-year basis. Sell-side analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, Director Debora B. Tomlin sold 9,765 shares of the firm's stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $25.07, for a total value of $244,808.55. Following the sale, the director now directly owns 24,509 shares of the company's stock, valued at approximately $614,440.63. This trade represents a 28.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $100,680.00. Following the transaction, the insider now directly owns 117,247 shares of the company's stock, valued at approximately $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. 3.39% of the stock is currently owned by corporate insiders.

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.