EP Wealth Advisors LLC Makes New $248,000 Investment in LiveRamp Holdings, Inc. (NYSE:RAMP)

EP Wealth Advisors LLC bought a new position in LiveRamp Holdings, Inc. (NYSE:RAMP) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,158 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds also recently bought and sold shares of RAMP. Barclays PLC raised its holdings in LiveRamp by 56.3% in the third quarter. Barclays PLC now owns 438,121 shares of the company’s stock worth $10,857,000 after purchasing an additional 157,775 shares during the period. GAMMA Investing LLC raised its holdings in shares of 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 period. Carolina Wealth Advisors LLC raised its holdings in shares of LiveRamp by 2.2% during the fourth quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock worth $778,000 after acquiring an additional 560 shares during the period. Clarius Group LLC raised its holdings in shares of LiveRamp by 1.9% during the fourth quarter. Clarius Group LLC now owns 95,086 shares of the company’s stock worth $2,888,000 after acquiring an additional 1,758 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of LiveRamp by 30.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 41,205 shares of the company’s stock worth $1,251,000 after acquiring an additional 9,737 shares during the period. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Morgan Stanley restated an “equal weight” rating on shares of LiveRamp in a report on Wednesday, April 16th. Benchmark restated a “buy” rating and set a $45.00 price objective on shares of LiveRamp in a report on Wednesday, February 26th. Evercore ISI restated an “underperform” rating on shares of LiveRamp in a report on Wednesday, April 16th. Finally, StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $38.17.

Insider Activity at LiveRamp

In related news, CTO Mohsin Hussain sold 3,554 shares of the firm’s stock in a transaction on Friday, February 14th. The shares were sold at an average price of $33.67, for a total value of $119,663.18. Following the completion of the transaction, the chief technology officer now owns 57,594 shares of the company’s stock, valued at approximately $1,939,189.98. This trade represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.39% of the stock is owned by insiders.

LiveRamp Trading Up 1.5%

LiveRamp stock opened at $29.70 on Wednesday. The company has a market cap of $1.95 billion, a P/E ratio of 2,970.00 and a beta of 1.02. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00. The company has a fifty day simple moving average of $26.26 and a 200 day simple moving average of $29.24.

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.