Jupiter Asset Management Ltd. Sells 18,068 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Jupiter Asset Management Ltd. lowered its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 446,864 shares of the company's stock after selling 18,068 shares during the quarter. Jupiter Asset Management Ltd. owned about 0.68% of LiveRamp worth $13,571,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RAMP. First Horizon Advisors Inc. purchased a new position in LiveRamp during the fourth quarter valued at $38,000. Smartleaf Asset Management LLC raised its position in shares of LiveRamp by 477.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after purchasing an additional 1,332 shares during the last quarter. GAMMA Investing LLC raised its position in shares of LiveRamp by 232.2% in the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after purchasing an additional 1,189 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of LiveRamp by 101.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock worth $62,000 after purchasing an additional 1,027 shares during the last quarter. Finally, Point72 DIFC Ltd purchased a new position in shares of LiveRamp in the 3rd quarter worth about $92,000. Hedge funds and other institutional investors own 93.83% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Evercore ISI lifted their price target on LiveRamp from $40.00 to $45.00 and gave the stock an "outperform" rating in a research report on Thursday, February 6th. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 22nd. Morgan Stanley boosted their target price on LiveRamp from $35.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 6th. Finally, Benchmark reissued a "buy" rating and issued a $45.00 target price 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 given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $39.83.

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Insider Buying and Selling at LiveRamp

In other LiveRamp news, CRO Vihan Sharma sold 39,845 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the sale, the executive now owns 110,902 shares in the company, valued at approximately $3,943,675.12. This trade represents a 26.43 % 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, CTO Mohsin Hussain sold 3,554 shares of the company's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the transaction, the chief technology officer now owns 57,594 shares of the company's stock, valued at approximately $1,939,189.98. The trade was a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company's stock.

LiveRamp Stock Up 0.9 %

LiveRamp stock opened at $26.57 on Thursday. The business has a 50-day simple moving average of $31.67 and a two-hundred day simple moving average of $28.84. The company has a market cap of $1.75 billion, a P/E ratio of 2,656.90 and a beta of 0.96. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $38.00.

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

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.

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