LiveRamp Holdings, Inc. (NYSE:RAMP) Receives Average Rating of “Moderate Buy” from Brokerages

LiveRamp Holdings, Inc. (NYSE:RAMP) has been assigned an average rating of “Moderate Buy” from the six analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $39.83.

A number of brokerages have weighed in on RAMP. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Evercore ISI increased their price target on shares of LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Benchmark reissued a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. Finally, Morgan Stanley increased 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.

Insider Buying and Selling at LiveRamp

In other news, CRO Vihan Sharma sold 39,845 shares of LiveRamp stock in a transaction that occurred on 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 owns 110,902 shares in the company, valued at $3,943,675.12. The trade was a 26.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Mohsin Hussain sold 3,554 shares of LiveRamp stock in a transaction that occurred on Friday, February 14th. The stock was 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 $1,939,189.98. The trade was a 5.81 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Summit Investment Advisors Inc. lifted its stake in LiveRamp by 7.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 6,906 shares of the company’s stock valued at $210,000 after buying an additional 462 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in LiveRamp by 2.2% in the fourth quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock valued at $778,000 after buying an additional 560 shares in the last quarter. Summit Trail Advisors LLC lifted its stake in LiveRamp by 0.5% in 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in LiveRamp by 0.6% in 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 in the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in LiveRamp by 101.5% in the fourth 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. Institutional investors own 93.83% of the company’s stock.

LiveRamp Stock Up 0.1 %

Shares of RAMP opened at $27.17 on Friday. LiveRamp has a 12 month low of $21.45 and a 12 month high of $38.00. The company’s fifty day moving average is $31.18 and its 200-day moving average is $28.90. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 2,716.70 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last posted its earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. As a group, research analysts predict that LiveRamp 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.