LiveRamp Holdings, Inc. (NYSE:RAMP) CTO Mohsin Hussain Sells 3,554 Shares

LiveRamp Holdings, Inc. (NYSE:RAMP) CTO Mohsin Hussain sold 3,554 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $33.67, for a total transaction of $119,663.18. Following the sale, the chief technology officer now directly owns 57,594 shares of the company’s stock, valued at $1,939,189.98. This represents a 5.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

LiveRamp Stock Up 0.9 %

RAMP traded up $0.29 during trading hours on Tuesday, hitting $33.91. 472,674 shares of the company’s stock were exchanged, compared to its average volume of 518,464. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 3,391.00 and a beta of 0.96. The stock’s 50-day moving average is $32.19 and its two-hundred day moving average is $28.27. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 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%. On average, equities research analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Evercore ISI increased their price objective on shares of LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Benchmark reissued a “buy” rating and set a $42.00 price objective on shares of LiveRamp in a research report on Tuesday, February 4th. Morgan Stanley increased their price objective on shares of LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. Macquarie reissued an “outperform” rating and set a $43.00 price objective on shares of LiveRamp in a research report on Thursday, November 7th. Finally, Wells Fargo & Company started coverage on shares of LiveRamp in a report on Monday, October 28th. They set an “equal weight” rating and a $25.00 target price for the company. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

Institutional Trading of LiveRamp

Large investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new stake in LiveRamp in the fourth quarter valued at $38,000. DT Investment Partners LLC lifted its stake in LiveRamp by 62.6% in the third quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock valued at $35,000 after acquiring an additional 545 shares during the last quarter. Quarry LP lifted its stake in shares of LiveRamp by 344.4% during the 4th quarter. Quarry LP now owns 1,462 shares of the company’s stock worth $44,000 after buying an additional 1,133 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of LiveRamp by 477.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock worth $49,000 after buying an additional 1,332 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after buying an additional 1,189 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

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.