Peregrine Capital Management LLC Has $8.02 Million Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Peregrine Capital Management LLC grew its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 263,984 shares of the company's stock after buying an additional 14,179 shares during the period. Peregrine Capital Management LLC owned 0.40% of LiveRamp worth $8,017,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in RAMP. Creative Planning bought a new stake in shares of LiveRamp during the 3rd quarter worth about $365,000. Blue Trust Inc. boosted its stake in LiveRamp by 668.9% during the 3rd quarter. Blue Trust Inc. now owns 8,189 shares of the company's stock valued at $203,000 after purchasing an additional 7,124 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in LiveRamp by 18.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 45,102 shares of the company's stock valued at $1,118,000 after purchasing an additional 6,873 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in LiveRamp by 111.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 559,213 shares of the company's stock valued at $13,857,000 after purchasing an additional 294,743 shares in the last quarter. Finally, DT Investment Partners LLC boosted its stake in LiveRamp by 62.6% during the 3rd quarter. DT Investment Partners LLC now owns 1,415 shares of the company's stock valued at $35,000 after purchasing an additional 545 shares in the last quarter. Institutional investors own 93.83% of the company's stock.

Insider Buying and Selling

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the transaction, the chief technology officer now owns 57,594 shares of the company's stock, valued at $1,939,189.98. The trade was a 5.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Vihan Sharma sold 39,845 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the transaction, the executive now owns 110,902 shares of the company's stock, valued at approximately $3,943,675.12. The trade was a 26.43 % 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 corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on RAMP. StockNews.com upgraded shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 22nd. Wells Fargo & Company initiated coverage on shares of LiveRamp in a research report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 price target on the stock. Benchmark restated a "buy" rating and set a $42.00 target price on shares of LiveRamp in a report on Tuesday, February 4th. Macquarie restated an "outperform" rating and set a $43.00 target price on shares of LiveRamp in a report on Thursday, November 7th. Finally, Evercore ISI raised their target price on shares of LiveRamp from $40.00 to $45.00 and gave the stock an "outperform" rating in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, LiveRamp currently has an average rating of "Moderate Buy" and a consensus price target of $39.33.

LiveRamp Price Performance

LiveRamp stock traded down $1.32 during trading hours on Friday, hitting $31.25. The company had a trading volume of 396,087 shares, compared to its average volume of 518,073. The firm has a market capitalization of $2.05 billion, a P/E ratio of 3,124.80 and a beta of 0.96. LiveRamp Holdings, Inc. has a fifty-two week low of $21.45 and a fifty-two week high of $38.00. The firm's fifty day moving average is $32.25 and its 200-day moving average is $28.37.

LiveRamp (NYSE:RAMP - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. Analysts anticipate 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.