Victory Capital Management Inc. Has $870,000 Stake in LiveRamp Holdings, Inc. (NYSE:RAMP)

Victory Capital Management Inc. grew its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 68.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,640 shares of the company's stock after purchasing an additional 11,629 shares during the period. Victory Capital Management Inc.'s holdings in LiveRamp were worth $870,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in RAMP. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in LiveRamp in the third quarter valued at about $1,187,000. HighTower Advisors LLC bought a new position in shares of LiveRamp in the third quarter valued at approximately $439,000. American Capital Management Inc. boosted its holdings in shares of LiveRamp by 46.7% in the 3rd quarter. American Capital Management Inc. now owns 2,877,814 shares of the company's stock worth $71,312,000 after acquiring an additional 916,578 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in LiveRamp by 55.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 355,131 shares of the company's stock worth $8,800,000 after acquiring an additional 126,527 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in LiveRamp by 49.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 206,700 shares of the company's stock valued at $5,122,000 after purchasing an additional 68,261 shares in the last quarter. Institutional investors own 93.83% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on RAMP. Morgan Stanley boosted their price objective on LiveRamp from $35.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 6th. Benchmark reiterated a "buy" rating and set a $45.00 price target on shares of LiveRamp in a research report on Wednesday, February 26th. Evercore ISI raised their price objective on shares of LiveRamp from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. Finally, StockNews.com raised shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 22nd. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $39.83.

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Insider Buying and Selling

In related news, CRO Vihan Sharma sold 39,845 shares of the stock in a transaction that occurred on 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 sale, the executive now directly owns 110,902 shares in the company, valued at $3,943,675.12. This trade represents a 26.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Mohsin Hussain sold 3,554 shares of the business's stock in a transaction that occurred 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 transaction, the chief technology officer now owns 57,594 shares of the company's stock, valued at approximately $1,939,189.98. This represents a 5.81 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is owned by insiders.

LiveRamp Stock Performance

LiveRamp stock traded up $0.62 during trading hours on Monday, reaching $27.80. 488,829 shares of the company's stock traded hands, compared to its average volume of 603,539. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 2,779.70 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 50 day moving average is $31.18 and its 200-day moving average is $28.92.

LiveRamp (NYSE:RAMP - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. Analysts predict that LiveRamp Holdings, Inc. will post 0.48 EPS 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.