LiveRamp Holdings, Inc. (NYSE:RAMP) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $39.83.

A number of research analysts recently issued reports on the company. Benchmark reaffirmed a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Morgan Stanley raised their price target on shares of LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. Finally, Evercore ISI boosted 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.

Insider Transactions at LiveRamp

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was 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 approximately $1,939,189.98. The trade was a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $1,416,888.20. Following the sale, the executive now directly owns 110,902 shares in the company, valued at approximately $3,943,675.12. This represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.

Institutional Trading of LiveRamp

Hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. acquired a new position in shares of LiveRamp in the fourth quarter valued at approximately $38,000. Quarry LP raised its stake in shares of LiveRamp by 344.4% in the 4th quarter. Quarry LP now owns 1,462 shares of the company’s stock valued at $44,000 after purchasing an additional 1,133 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of LiveRamp by 477.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after purchasing an additional 1,332 shares in the last quarter. GAMMA Investing LLC boosted its position 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 buying an additional 1,189 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in shares of LiveRamp by 101.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock worth $62,000 after buying an additional 1,027 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors and hedge funds.

LiveRamp Stock Down 1.5 %

Shares of RAMP stock opened at $27.02 on Friday. The company has a market capitalization of $1.78 billion, a P/E ratio of 2,701.50 and a beta of 0.96. LiveRamp has a 12-month low of $21.45 and a 12-month high of $38.00. The firm has a 50-day moving average price of $30.93 and a 200 day moving average price of $28.93.

LiveRamp (NYSE:RAMP) last released 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 return on equity of 0.97% and a net margin of 0.01%. As a group, research analysts expect that LiveRamp will post 0.48 earnings per share 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.