Tributary Capital Management LLC Takes Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Tributary Capital Management LLC purchased a new position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 502,162 shares of the company's stock, valued at approximately $15,251,000. Tributary Capital Management LLC owned 0.77% of LiveRamp as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. DT Investment Partners LLC grew its stake in shares of LiveRamp by 62.6% in the 3rd quarter. DT Investment Partners LLC now owns 1,415 shares of the company's stock worth $35,000 after purchasing an additional 545 shares during the last quarter. Carolina Wealth Advisors LLC lifted its position in shares of LiveRamp by 2.2% during the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company's stock valued at $778,000 after acquiring an additional 560 shares during the last quarter. Quarry LP boosted its stake in shares of LiveRamp by 4,575.0% during the 2nd quarter. Quarry LP now owns 935 shares of the company's stock worth $29,000 after acquiring an additional 915 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of LiveRamp by 0.6% during 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 worth $4,041,000 after acquiring an additional 1,001 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of LiveRamp by 232.2% in the 4th 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. Institutional investors own 93.83% of the company's stock.

LiveRamp Trading Up 0.4 %

NYSE RAMP traded up $0.15 during trading on Friday, reaching $33.58. The company's stock had a trading volume of 524,441 shares, compared to its average volume of 372,716. The business has a 50-day moving average price of $30.96 and a 200-day moving average price of $27.93. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $42.10. The stock has a market capitalization of $2.19 billion, a PE ratio of 671.73 and a beta of 0.96.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on RAMP. Benchmark dropped their price target on LiveRamp from $48.00 to $42.00 and set a "buy" rating on the stock in a research note on Thursday, November 7th. Morgan Stanley reissued an "equal weight" rating and issued a $35.00 target price on shares of LiveRamp in a research report on Monday, January 13th. Wells Fargo & Company began 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 for the company. StockNews.com upgraded shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Sunday, December 22nd. Finally, Macquarie reiterated an "outperform" rating and issued a $43.00 target price on shares of LiveRamp in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $39.71.

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.