LiveRamp Holdings, Inc. (NYSE:RAMP) Holdings Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 111.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 559,213 shares of the company's stock after acquiring an additional 294,743 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.83% of LiveRamp worth $13,857,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of RAMP. DT Investment Partners LLC purchased a new position in shares of LiveRamp during the second quarter worth approximately $27,000. Quarry LP boosted its stake in shares of LiveRamp by 4,575.0% during the second quarter. Quarry LP now owns 935 shares of the company's stock valued at $29,000 after purchasing an additional 915 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of LiveRamp by 187.1% during the second quarter. Blue Trust Inc. now owns 1,065 shares of the company's stock valued at $33,000 after purchasing an additional 694 shares in the last quarter. Covestor Ltd boosted its stake in shares of LiveRamp by 44.9% during the first quarter. Covestor Ltd now owns 2,131 shares of the company's stock valued at $73,000 after purchasing an additional 660 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of LiveRamp during the first quarter valued at approximately $87,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Kimberly Bloomston sold 4,000 shares of LiveRamp stock in a transaction that occurred on 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 $2,951,106.99. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, insider Kimberly Bloomston sold 4,000 shares of LiveRamp stock in a transaction that occurred on 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 $2,951,106.99. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Debora B. Tomlin sold 9,765 shares of LiveRamp stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $25.07, for a total transaction of $244,808.55. Following the completion of the sale, the director now owns 24,509 shares of the company's stock, valued at approximately $614,440.63. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,538 shares of company stock valued at $495,471. Insiders own 3.39% of the company's stock.

LiveRamp Stock Performance

NYSE:RAMP traded up $0.98 during mid-day trading on Friday, hitting $24.74. 454,160 shares of the company's stock traded hands, compared to its average volume of 654,254. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $42.66. The company has a market cap of $1.66 billion, a PE ratio of 137.44 and a beta of 0.96. The firm's 50 day simple moving average is $24.97 and its 200 day simple moving average is $28.70.

LiveRamp (NYSE:RAMP - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.04. LiveRamp had a net margin of 0.88% and a return on equity of 2.14%. The business had revenue of $175.96 million for the quarter, compared to analysts' expectations of $171.92 million. During the same period last year, the company earned $0.09 earnings per share. The company's quarterly revenue was up 14.2% on a year-over-year basis. On average, research analysts expect that LiveRamp Holdings, Inc. will post 0.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

RAMP has been the topic of a number of recent research reports. StockNews.com downgraded shares of LiveRamp from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, July 16th. Macquarie raised shares of LiveRamp to a "strong-buy" rating in a report on Thursday, August 8th. Craig Hallum cut their price objective on shares of LiveRamp from $55.00 to $43.00 and set a "buy" rating for the company in a report on Thursday, August 8th. Evercore ISI dropped their target price on shares of LiveRamp from $50.00 to $40.00 and set an "outperform" rating on the stock in a research report on Thursday, August 8th. Finally, Benchmark lowered their price target on shares of LiveRamp from $56.00 to $48.00 and set a "buy" rating on the stock in a research report on Monday, October 7th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, LiveRamp currently has an average rating of "Buy" and an average target price of $45.20.

LiveRamp 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.