LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Purchased by Fmr LLC

FMR LLC raised its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 18.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,501 shares of the company's stock after acquiring an additional 26,935 shares during the quarter. FMR LLC owned 0.26% of LiveRamp worth $4,250,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. DT Investment Partners LLC acquired a new stake in LiveRamp in the second quarter valued at approximately $27,000. Quarry LP grew its position in LiveRamp by 4,575.0% in the second quarter. Quarry LP now owns 935 shares of the company's stock valued at $29,000 after acquiring an additional 915 shares in the last quarter. Blue Trust Inc. grew its position in LiveRamp by 187.1% in the second quarter. Blue Trust Inc. now owns 1,065 shares of the company's stock valued at $33,000 after acquiring an additional 694 shares in the last quarter. Quest Partners LLC grew its position in LiveRamp by 68.8% in the second quarter. Quest Partners LLC now owns 2,998 shares of the company's stock valued at $93,000 after acquiring an additional 1,222 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in LiveRamp in the second quarter valued at approximately $149,000. Institutional investors and hedge funds own 93.83% of the company's stock.

Insider Buying and Selling at LiveRamp

In related news, Director Debora B. Tomlin sold 9,765 shares of LiveRamp stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $25.07, for a total transaction of $244,808.55. Following the sale, the director now directly owns 24,509 shares in the company, valued at $614,440.63. The trade was 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 available through the SEC website. Also, insider Kimberly Bloomston sold 4,000 shares of LiveRamp stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $25.17, for a total transaction of $100,680.00. Following the sale, the insider now owns 117,247 shares in the company, valued at approximately $2,951,106.99. This represents 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 company insiders.

LiveRamp Trading Down 0.8 %

LiveRamp stock traded down $0.26 during mid-day trading on Friday, reaching $31.85. The company's stock had a trading volume of 279,149 shares, compared to its average volume of 636,748. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 637.00 and a beta of 0.97. The business has a 50 day moving average price of $27.67 and a 200-day moving average price of $27.86. 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 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.14. The firm had revenue of $185.00 million during the quarter, compared to the consensus estimate of $176.16 million. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. The firm's revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.21 earnings per share. On average, equities analysts expect that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on RAMP shares. Wells Fargo & Company started coverage on shares of LiveRamp in a research report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 price objective for the company. 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 research report on Thursday, November 7th. Finally, Macquarie reissued an "outperform" rating and set a $43.00 price target on shares of LiveRamp in a research report on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $41.14.

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.