7,500 Shares in LiveRamp Holdings, Inc. (NYSE:RAMP) Acquired by BBR Partners LLC

BBR Partners LLC bought a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,500 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds have also made changes to their positions in RAMP. Carolina Wealth Advisors LLC lifted its stake 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 worth $778,000 after purchasing an additional 560 shares during the last quarter. Summit Trail Advisors LLC lifted its position in shares of LiveRamp by 0.5% during the fourth quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company’s stock valued at $3,521,000 after buying an additional 625 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of LiveRamp by 0.6% during the third 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 buying an additional 1,001 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of LiveRamp by 101.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock valued at $62,000 after buying an additional 1,027 shares in the last quarter. Finally, GAMMA Investing LLC grew its position 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 buying an additional 1,189 shares during the last quarter. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

LiveRamp Price Performance

Shares of RAMP stock opened at $28.44 on Friday. The business has a fifty day moving average of $32.06 and a 200 day moving average of $28.79. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $38.00. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 2,843.80 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last announced 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 return on equity of 0.97% and a net margin of 0.01%. As a group, equities research analysts expect that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on RAMP. Macquarie reissued an “outperform” rating and set a $43.00 target price on shares of LiveRamp in a research report on Thursday, November 7th. Morgan Stanley increased their price objective on LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. Evercore ISI boosted their target price on LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and set a $45.00 target price on shares of LiveRamp in a research report on Wednesday, February 26th. Finally, StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $39.83.

Insider Buying and Selling at LiveRamp

In related news, CRO Vihan Sharma sold 39,845 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the sale, the executive now directly owns 110,902 shares of the company’s stock, valued at $3,943,675.12. This trade 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 at this hyperlink. 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 value of $119,663.18. Following the completion of the transaction, the chief technology officer now directly owns 57,594 shares of the company’s stock, valued at $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. Company insiders own 3.39% 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.