Sei Investments Co. Decreases Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Sei Investments Co. decreased its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,728 shares of the company's stock after selling 16,607 shares during the quarter. Sei Investments Co. owned about 0.16% of LiveRamp worth $3,272,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC purchased a new position in shares of LiveRamp in the 3rd quarter valued at about $439,000. Rockefeller Capital Management L.P. grew its position in LiveRamp by 49.3% during the third quarter. Rockefeller Capital Management L.P. now owns 206,700 shares of the company's stock worth $5,122,000 after buying an additional 68,261 shares during the period. Empowered Funds LLC purchased a new position in LiveRamp in the fourth quarter valued at about $220,000. Tributary Capital Management LLC acquired a new stake in shares of LiveRamp during the 4th quarter valued at approximately $15,251,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of LiveRamp by 477.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after acquiring an additional 1,332 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Morgan Stanley lifted their price objective on LiveRamp from $35.00 to $38.00 and gave the stock an "equal weight" rating in a report on Thursday, February 6th. Benchmark reaffirmed a "buy" rating and set a $45.00 price target on shares of LiveRamp in a research note on Wednesday, February 26th. StockNews.com raised shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 22nd. Finally, Evercore ISI lifted their target price on shares of LiveRamp from $40.00 to $45.00 and gave the stock an "outperform" rating in a research report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.83.

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LiveRamp Stock Down 1.8 %

Shares of RAMP traded down $0.43 during trading hours on Tuesday, reaching $23.51. 590,421 shares of the company traded hands, compared to its average volume of 627,500. The stock has a market capitalization of $1.55 billion, a PE ratio of 2,351.00 and a beta of 1.05. The stock has a fifty day simple moving average of $29.44 and a 200 day simple moving average of $28.93. LiveRamp Holdings, Inc. has a fifty-two week low of $21.45 and a fifty-two 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 the consensus estimate of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. Research analysts predict that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Insider Transactions at LiveRamp

In related 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 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 trade represents a 26.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 transaction, the chief technology officer now directly owns 57,594 shares of the company's stock, valued at $1,939,189.98. This trade represents a 5.81 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.39% of the company's stock.

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.