LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Purchased by Alliancebernstein L.P.

Alliancebernstein L.P. raised its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 46.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 169,739 shares of the company's stock after purchasing an additional 53,869 shares during the period. Alliancebernstein L.P. owned about 0.26% of LiveRamp worth $5,155,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in LiveRamp by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 8,847,543 shares of the company's stock valued at $268,700,000 after purchasing an additional 118,179 shares during the period. Franklin Resources Inc. lifted its stake in LiveRamp by 11.5% in the third quarter. Franklin Resources Inc. now owns 1,526,250 shares of the company's stock valued at $37,653,000 after buying 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 third 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 during the period. Baillie Gifford & Co. grew its position in shares of LiveRamp by 4.3% during the fourth quarter. Baillie Gifford & Co. now owns 1,416,642 shares of the company's stock worth $43,023,000 after acquiring an additional 58,568 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of LiveRamp by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 995,960 shares of the company's stock worth $30,247,000 after acquiring an additional 49,152 shares during the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on RAMP. StockNews.com lowered shares of LiveRamp from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Morgan Stanley boosted their price objective on LiveRamp from $35.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 6th. Benchmark restated a "buy" rating and issued a $45.00 target price on shares of LiveRamp in a research report on Wednesday, February 26th. Finally, Evercore ISI boosted 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. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $39.83.

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Insider Buying and Selling

In related news, CTO Mohsin Hussain sold 3,554 shares of LiveRamp stock in a transaction on Friday, February 14th. The stock was sold at an average price of $33.67, for a total value of $119,663.18. Following the transaction, the chief technology officer now directly owns 57,594 shares in the company, valued at $1,939,189.98. The trade was a 5.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CRO Vihan Sharma sold 39,845 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $35.56, for a total value of $1,416,888.20. Following the sale, the executive now directly owns 110,902 shares of the company's stock, valued at approximately $3,943,675.12. This represents a 26.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.39% of the company's stock.

LiveRamp Price Performance

RAMP opened at $24.98 on Friday. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 2,498.10 and a beta of 1.05. The business has a 50 day moving average price of $28.76 and a two-hundred day moving average price of $28.92.

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

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