JPMorgan Chase & Co. Has $17.84 Million Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

JPMorgan Chase & Co. reduced its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 10.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 720,039 shares of the company's stock after selling 85,069 shares during the quarter. JPMorgan Chase & Co. owned 1.10% of LiveRamp worth $17,843,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of RAMP. 272 Capital LP acquired a new stake in LiveRamp in the third quarter valued at approximately $3,914,000. Franklin Resources Inc. lifted its stake in shares of LiveRamp by 11.5% in 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. Geode Capital Management LLC boosted its holdings in shares of LiveRamp by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,493,522 shares of the company's stock valued at $37,017,000 after acquiring an additional 15,340 shares in the last quarter. Barclays PLC grew its position in LiveRamp by 56.3% during the 3rd quarter. Barclays PLC now owns 438,121 shares of the company's stock worth $10,857,000 after acquiring an additional 157,775 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd increased its holdings in LiveRamp by 164.0% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 27,864 shares of the company's stock worth $690,000 after purchasing an additional 17,310 shares in the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on RAMP shares. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 22nd. Wells Fargo & Company assumed coverage on shares of LiveRamp in a research report on Monday, October 28th. They set an "equal weight" rating and a $25.00 target price on the stock. Macquarie reissued an "outperform" rating and set a $43.00 target price on shares of LiveRamp in a report on Thursday, November 7th. Finally, Benchmark dropped their price target on shares of LiveRamp from $48.00 to $42.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $41.14.

LiveRamp Stock Performance

Shares of NYSE RAMP traded down $0.85 during midday trading on Friday, reaching $29.40. The stock had a trading volume of 376,766 shares, compared to its average volume of 389,644. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $42.66. The company's 50 day moving average price is $30.00 and its 200 day moving average price is $27.91. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 588.12 and a beta of 0.96.

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

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.