LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 75.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,196 shares of the company's stock after selling 54,736 shares during the period. GSA Capital Partners LLP's holdings in LiveRamp were worth $451,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. DT Investment Partners LLC purchased a new stake in shares of LiveRamp during the 2nd quarter worth 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 worth $29,000 after acquiring an additional 915 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of LiveRamp by 187.1% in the 2nd quarter. Blue Trust Inc. now owns 1,065 shares of the company's stock valued at $33,000 after purchasing an additional 694 shares during the last quarter. Covestor Ltd boosted its holdings in shares of LiveRamp by 44.9% in the 1st quarter. Covestor Ltd now owns 2,131 shares of the company's stock worth $73,000 after purchasing an additional 660 shares during the period. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of LiveRamp during the 1st quarter valued at approximately $87,000. Hedge funds and other institutional investors own 93.83% of the company's stock.

Insider Activity at LiveRamp

In other LiveRamp news, insider Kimberly Bloomston sold 4,000 shares of the firm's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $25.17, for a total value of $100,680.00. Following the completion of the sale, the insider now owns 117,247 shares of the company's stock, valued at approximately $2,951,106.99. This trade represents a 3.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Debora B. Tomlin sold 9,765 shares of the stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $25.07, for a total transaction of $244,808.55. Following the completion of the transaction, the director now directly owns 24,509 shares of the company's stock, valued at $614,440.63. The trade was a 28.49 % decrease in their ownership of the stock. 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 over the last quarter. 3.39% of the stock is owned by corporate insiders.

LiveRamp Price Performance

Shares of LiveRamp stock opened at $29.29 on Thursday. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 585.92 and a beta of 0.96. The firm's 50-day moving average is $25.63 and its two-hundred day moving average is $28.03. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $42.66.

LiveRamp (NYSE:RAMP - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $185.00 million for the quarter, compared to analyst estimates of $176.16 million. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. LiveRamp's revenue was up 15.6% compared to the same quarter last year. During the same period last year, the company posted $0.21 earnings per share. On average, equities analysts expect that LiveRamp Holdings, Inc. will post 0.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Macquarie reaffirmed an "outperform" rating and set a $43.00 price objective on shares of LiveRamp in a research note on Thursday, November 7th. Benchmark cut their price target on shares of LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a report on Thursday, November 7th. Evercore ISI decreased their price objective on shares of LiveRamp from $50.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, August 8th. Craig Hallum cut their target price on LiveRamp from $55.00 to $43.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. Finally, Wells Fargo & Company began coverage on LiveRamp in a report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 price target on the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.