Royce & Associates LP Raises Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Royce & Associates LP lifted its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 15.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 366,350 shares of the company's stock after purchasing an additional 48,440 shares during the quarter. Royce & Associates LP owned 0.56% of LiveRamp worth $11,126,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Carolina Wealth Advisors LLC lifted its position in LiveRamp by 2.2% during the fourth quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company's stock valued at $778,000 after purchasing an additional 560 shares during the last quarter. Summit Trail Advisors LLC lifted its holdings in shares of LiveRamp by 0.5% in the 4th quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company's stock valued at $3,521,000 after acquiring an additional 625 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of LiveRamp by 0.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,059 shares of the company's stock valued at $4,041,000 after acquiring an additional 1,001 shares during the last quarter. Parkside Financial Bank & Trust grew its position in LiveRamp by 101.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock worth $62,000 after acquiring an additional 1,027 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in LiveRamp by 232.2% during the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after acquiring an additional 1,189 shares during the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

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

Insider Buying and Selling

In related news, CRO Vihan Sharma sold 39,845 shares of the company's stock in a transaction dated 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 completion of the sale, the executive now directly owns 110,902 shares of the company's stock, valued at $3,943,675.12. This 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 through the SEC website. Also, CTO Mohsin Hussain sold 3,554 shares of the stock in a transaction dated 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 owns 57,594 shares in the company, valued at approximately $1,939,189.98. The trade was a 5.81 % 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 Price Performance

Shares of NYSE:RAMP traded up $0.02 on Friday, hitting $27.17. 1,399,691 shares of the company's stock were exchanged, compared to its average volume of 603,336. The business's 50 day simple moving average is $31.22 and its two-hundred day simple moving average is $28.86. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 2,716.70 and a beta of 0.96. LiveRamp Holdings, Inc. has a 12 month low of $21.45 and a 12 month high of $38.00.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings data 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 net margin of 0.01% and a return on equity of 0.97%. Equities analysts forecast that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

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.