Robeco Institutional Asset Management B.V. Acquires 52,166 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Robeco Institutional Asset Management B.V. raised its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 353.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,911 shares of the company's stock after acquiring an additional 52,166 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.10% of LiveRamp worth $1,658,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. EVR Research LP bought a new position in LiveRamp during the second quarter worth $5,879,000. Vanguard Group Inc. lifted its stake in LiveRamp by 1.4% during the first quarter. Vanguard Group Inc. now owns 8,174,985 shares of the company's stock worth $282,037,000 after purchasing an additional 115,685 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in LiveRamp by 32.0% during the second quarter. Assenagon Asset Management S.A. now owns 264,470 shares of the company's stock worth $8,183,000 after purchasing an additional 64,155 shares during the last quarter. Lord Abbett & CO. LLC lifted its stake in LiveRamp by 41.1% during the first quarter. Lord Abbett & CO. LLC now owns 323,313 shares of the company's stock worth $11,154,000 after purchasing an additional 94,111 shares during the last quarter. Finally, Seven Eight Capital LP bought a new position in LiveRamp during the first quarter worth $1,302,000. Institutional investors and hedge funds own 93.83% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Macquarie restated an "outperform" rating and set a $43.00 price objective on shares of LiveRamp in a research note on Thursday. Wells Fargo & Company assumed coverage on LiveRamp in a research report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 target price on the stock. Benchmark dropped their target price on LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a research report on Thursday. StockNews.com lowered LiveRamp from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, July 16th. Finally, Craig Hallum dropped their target price on LiveRamp from $55.00 to $43.00 and set a "buy" rating on the stock in a research report on Thursday, August 8th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, LiveRamp presently has an average rating of "Moderate Buy" and a consensus target price of $41.14.

LiveRamp Price Performance

Shares of RAMP stock traded down $0.19 during trading on Friday, reaching $28.31. The company had a trading volume of 868,617 shares, compared to its average volume of 482,587. The firm's 50 day simple moving average is $25.08 and its two-hundred day simple moving average is $28.22. The company has a market capitalization of $1.85 billion, a PE ratio of 566.20 and a beta of 0.96. LiveRamp Holdings, Inc. has a one year low of $21.45 and a one year high of $42.66.

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

Insider Activity at LiveRamp

In related news, Director Debora B. Tomlin sold 9,765 shares of the business's stock in a transaction 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 owns 24,509 shares of the company's stock, valued at $614,440.63. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other LiveRamp news, insider Kimberly Bloomston sold 4,000 shares of the business's stock in a transaction 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 owns 117,247 shares of the company's stock, valued at approximately $2,951,106.99. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Debora B. Tomlin sold 9,765 shares of the business's stock in a transaction 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 owns 24,509 shares of the company's stock, valued at approximately $614,440.63. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,538 shares of company stock valued at $495,471 in the last 90 days. 3.39% of the stock is 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.