PNC Financial Services Group Inc. Has $202,000 Stock Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

PNC Financial Services Group Inc. lifted its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 67.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,637 shares of the company’s stock after purchasing an additional 2,665 shares during the period. PNC Financial Services Group Inc.’s holdings in LiveRamp were worth $202,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Carolina Wealth Advisors LLC increased its position in LiveRamp by 2.2% during the fourth quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock worth $778,000 after buying an additional 560 shares during the last quarter. Summit Trail Advisors LLC boosted its stake in shares of LiveRamp by 0.5% during the 4th quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company’s stock worth $3,521,000 after acquiring an additional 625 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of LiveRamp by 0.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,059 shares of the company’s stock worth $4,041,000 after acquiring an additional 1,001 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in 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 acquiring an additional 1,027 shares during the period. Finally, GAMMA Investing LLC raised its stake in LiveRamp by 232.2% in the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after acquiring an additional 1,189 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

LiveRamp Stock Up 0.1 %

RAMP opened at $27.17 on Monday. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 2,716.70 and a beta of 0.96. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $38.00. The company has a 50-day simple moving average of $31.18 and a 200 day simple moving average of $28.92.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share 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%. Sell-side analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of the firm’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 sale, the chief technology officer now owns 57,594 shares in the company, valued at $1,939,189.98. This trade represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CRO Vihan Sharma sold 39,845 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $3,943,675.12. The trade was a 26.43 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Evercore ISI lifted their target price on shares of LiveRamp from $40.00 to $45.00 and gave the stock 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 boosted their price objective on LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $39.83.

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.