Yousif Capital Management LLC Sells 887 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Yousif Capital Management LLC lowered its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,889 shares of the company’s stock after selling 887 shares during the period. Yousif Capital Management LLC’s holdings in LiveRamp were worth $756,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RAMP. DT Investment Partners LLC raised its holdings in LiveRamp by 62.6% during the 3rd 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 period. GAMMA Investing LLC raised 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 valued at $52,000 after purchasing an additional 1,189 shares during the period. KBC Group NV raised its stake in shares of LiveRamp by 57.0% during the 4th quarter. KBC Group NV now owns 3,457 shares of the company’s stock valued at $105,000 after purchasing an additional 1,255 shares during the period. Point72 DIFC Ltd purchased a new stake in LiveRamp during the 3rd quarter worth about $92,000. Finally, Pacer Advisors Inc. bought a new position in LiveRamp in the 4th quarter worth about $115,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, CRO Vihan Sharma sold 39,845 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the completion of the sale, the executive now directly owns 110,902 shares in the company, valued at $3,943,675.12. This represents a 26.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 3.39% of the company’s stock.

LiveRamp Stock Performance

NYSE RAMP opened at $33.64 on Friday. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $38.00. The company has a fifty day moving average of $32.15 and a 200-day moving average of $28.26. The company has a market capitalization of $2.21 billion, a P/E ratio of 3,364.00 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings results 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, analysts forecast that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Ratings Changes

RAMP has been the topic of a number of recent analyst reports. Macquarie reissued an “outperform” rating and issued a $43.00 price target on shares of LiveRamp in a report on Thursday, November 7th. Wells Fargo & Company started coverage on shares of LiveRamp in a research note on Monday, October 28th. They issued an “equal weight” rating and a $25.00 target price on the stock. Evercore ISI boosted their price target 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. Benchmark reiterated a “buy” rating and issued a $42.00 price objective on shares of LiveRamp in a research report on Tuesday, February 4th. Finally, Morgan Stanley boosted their target price on LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, LiveRamp currently has a consensus rating of “Moderate Buy” and an average price target of $39.33.

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.