LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Purchased by Algert Global LLC

Algert Global LLC raised its stake in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 38.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 303,958 shares of the company's stock after acquiring an additional 85,052 shares during the quarter. Algert Global LLC owned approximately 0.46% of LiveRamp worth $9,231,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. First Horizon Advisors Inc. acquired a new position in shares of LiveRamp in the 4th quarter valued at $38,000. Quarry LP lifted its stake in 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 buying an additional 1,133 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in LiveRamp by 477.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after purchasing an additional 1,332 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after purchasing an additional 1,189 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in shares of LiveRamp by 101.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock worth $62,000 after acquiring an additional 1,027 shares during the last quarter. Hedge funds and other institutional investors own 93.83% of the company's stock.

Insider Activity

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

LiveRamp Trading Up 0.6 %

RAMP traded up $0.17 during trading hours on Friday, hitting $28.14. 332,492 shares of the company's stock were exchanged, compared to its average volume of 634,219. The firm has a market cap of $1.85 billion, a P/E ratio of 2,814.00 and a beta of 1.02. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $38.00. The firm has a 50 day moving average of $26.25 and a 200 day moving average of $29.17.

LiveRamp (NYSE:RAMP - Get Free Report) last released 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 expect that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on RAMP shares. Morgan Stanley restated an "equal weight" rating on shares of LiveRamp in a report on Wednesday, April 16th. StockNews.com upgraded shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Benchmark reiterated a "buy" rating and issued a $45.00 target price on shares of LiveRamp in a report on Wednesday, February 26th. Finally, Evercore ISI restated an "underperform" rating on shares of LiveRamp in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $38.17.

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.