Natixis Advisors LLC Takes Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Natixis Advisors LLC acquired a new position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,665 shares of the company's stock, valued at approximately $567,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC purchased a new position in LiveRamp during the 3rd quarter worth $444,000. Charles Schwab Investment Management Inc. grew its holdings in shares of LiveRamp by 7.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 946,808 shares of the company's stock worth $23,462,000 after buying an additional 69,063 shares during the last quarter. FMR LLC grew its holdings in shares of LiveRamp by 18.6% during the third quarter. FMR LLC now owns 171,501 shares of the company's stock worth $4,250,000 after buying an additional 26,935 shares during the last quarter. BNP Paribas Financial Markets increased its position in LiveRamp by 71.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 161,848 shares of the company's stock valued at $4,011,000 after acquiring an additional 67,374 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in LiveRamp during the 3rd quarter valued at approximately $1,187,000. Institutional investors and hedge funds own 93.83% of the company's stock.

Insider Activity

In related news, 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 value of $119,663.18. Following the sale, the chief technology officer now owns 57,594 shares of the company's stock, valued at approximately $1,939,189.98. This represents a 5.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Vihan Sharma sold 39,845 shares of LiveRamp stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $35.56, for a total value of $1,416,888.20. Following the sale, the executive now owns 110,902 shares of the company's stock, valued at approximately $3,943,675.12. This represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 3.39% of the company's stock.

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Analysts Set New Price Targets

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

LiveRamp Price Performance

Shares of NYSE RAMP traded down $0.69 during trading on Friday, hitting $26.33. 537,962 shares of the company were exchanged, compared to its average volume of 627,980. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $38.00. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 2,632.90 and a beta of 0.96. The firm's fifty day moving average price is $30.81 and its 200 day moving average price is $28.98.

LiveRamp (NYSE:RAMP - Get Free Report) last issued 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 return on equity of 0.97% and a net margin of 0.01%. On average, research analysts forecast that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

About LiveRamp

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.