Amundi Has $994,000 Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Amundi lifted its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 180.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,857 shares of the company’s stock after purchasing an additional 21,130 shares during the period. Amundi owned 0.05% of LiveRamp worth $994,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of RAMP. American Capital Management Inc. raised its stake in LiveRamp by 46.7% during the third quarter. American Capital Management Inc. now owns 2,877,814 shares of the company’s stock worth $71,312,000 after buying an additional 916,578 shares during the last quarter. Franklin Resources Inc. raised its stake in LiveRamp by 11.5% during the third quarter. Franklin Resources Inc. now owns 1,526,250 shares of the company’s stock worth $37,653,000 after buying an additional 157,696 shares during the last quarter. Geode Capital Management LLC raised its stake in LiveRamp by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,493,522 shares of the company’s stock worth $37,017,000 after buying an additional 15,340 shares during the last quarter. Baillie Gifford & Co. raised its stake in LiveRamp by 4.3% during the fourth quarter. Baillie Gifford & Co. now owns 1,416,642 shares of the company’s stock worth $43,023,000 after buying an additional 58,568 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in LiveRamp by 5.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 995,960 shares of the company’s stock worth $30,247,000 after buying an additional 49,152 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Insider Transactions at LiveRamp

In related news, CTO Mohsin Hussain sold 3,554 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the transaction, the chief technology officer now directly owns 57,594 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Vihan Sharma sold 39,845 shares of the business’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 transaction, the executive now owns 110,902 shares in the company, valued at approximately $3,943,675.12. This trade represents a 26.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on RAMP shares. 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 lifted their price target on shares of LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, February 6th. Evercore ISI lifted their price target on shares of LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Finally, Benchmark reaffirmed a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a research note on Wednesday, February 26th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, LiveRamp has a consensus rating of “Moderate Buy” and a consensus price target of $39.83.

LiveRamp Price Performance

NYSE:RAMP opened at $26.93 on Thursday. The firm has a 50-day moving average of $31.28 and a 200-day moving average of $28.88. The company has a market cap of $1.77 billion, a PE ratio of 2,693.40 and a beta of 0.96. LiveRamp Holdings, Inc. has a one year low of $21.45 and a one year high of $38.00.

LiveRamp (NYSE:RAMP) last posted its earnings results on Wednesday, February 5th. The company reported $0.23 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%. On average, equities research analysts expect that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

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.