Rockefeller Capital Management L.P. Has $5.12 Million Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Rockefeller Capital Management L.P. raised its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 49.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,700 shares of the company's stock after acquiring an additional 68,261 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.32% of LiveRamp worth $5,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. DT Investment Partners LLC bought a new stake in shares of LiveRamp in the 2nd quarter worth $27,000. Quarry LP grew its holdings in shares of LiveRamp by 4,575.0% in the 2nd quarter. Quarry LP now owns 935 shares of the company's stock worth $29,000 after acquiring an additional 915 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of LiveRamp by 187.1% in the 2nd quarter. Blue Trust Inc. now owns 1,065 shares of the company's stock worth $33,000 after acquiring an additional 694 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of LiveRamp in the 1st quarter worth $87,000. Finally, Quest Partners LLC grew its holdings in shares of LiveRamp by 68.8% in the 2nd quarter. Quest Partners LLC now owns 2,998 shares of the company's stock worth $93,000 after acquiring an additional 1,222 shares during the last quarter. Institutional investors own 93.83% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RAMP. Wells Fargo & Company began coverage on LiveRamp in a report on Monday, October 28th. They issued an "equal weight" rating and a $25.00 target price on the stock. Craig Hallum lowered their price target on LiveRamp from $55.00 to $43.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Benchmark lowered their price target on LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a report on Thursday, November 7th. Evercore ISI lowered their price target on LiveRamp from $50.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, August 8th. Finally, Macquarie reiterated an "outperform" rating and set a $43.00 price target on shares of LiveRamp in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, LiveRamp currently has an average rating of "Moderate Buy" and an average target price of $41.14.

Insider Buying and Selling

In related news, insider Kimberly Bloomston sold 4,000 shares of the business's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $25.17, for a total transaction of $100,680.00. Following the transaction, the insider now directly owns 117,247 shares in the company, valued at $2,951,106.99. The trade was a 3.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Debora B. Tomlin sold 9,765 shares of the business's stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $25.07, for a total value of $244,808.55. Following the transaction, the director now owns 24,509 shares in the company, valued at $614,440.63. This represents a 28.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.39% of the stock is owned by insiders.

LiveRamp Trading Down 2.1 %

NYSE RAMP traded down $0.66 on Thursday, reaching $31.01. The stock had a trading volume of 130,252 shares, compared to its average volume of 641,051. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $42.66. The business has a 50 day moving average price of $26.65 and a 200 day moving average price of $27.90. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 633.53 and a beta of 0.97.

LiveRamp (NYSE:RAMP - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.14. LiveRamp had a return on equity of 1.25% and a net margin of 0.40%. The company had revenue of $185.00 million during the quarter, compared to analysts' expectations of $176.16 million. During the same quarter in the previous year, the firm earned $0.21 earnings per share. The business's quarterly revenue was up 15.6% compared to the same quarter last year. On average, analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

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.