Algert Global LLC Raises Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Algert Global LLC boosted its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 38.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 303,958 shares of the company's stock after purchasing an additional 85,052 shares during the quarter. Algert Global LLC owned about 0.46% of LiveRamp worth $9,231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. purchased a new stake in LiveRamp in the fourth quarter worth about $38,000. Quarry LP boosted its stake in shares of LiveRamp by 344.4% during the fourth quarter. Quarry LP now owns 1,462 shares of the company's stock valued at $44,000 after purchasing an additional 1,133 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in LiveRamp by 477.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock valued at $49,000 after buying an additional 1,332 shares during the period. GAMMA Investing LLC lifted its holdings in LiveRamp by 232.2% during the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after buying an additional 1,189 shares during the period. Finally, Parkside Financial Bank & Trust increased its holdings 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 valued at $62,000 after acquiring an additional 1,027 shares during the period. 93.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on RAMP. Morgan Stanley reissued an "equal weight" rating on shares of LiveRamp in a research report on Wednesday, April 16th. Evercore ISI reaffirmed an "underperform" rating on shares of LiveRamp in a research report on Wednesday, April 16th. StockNews.com upgraded LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. Finally, Benchmark reaffirmed a "buy" rating and issued a $45.00 price objective on shares of LiveRamp in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $38.17.

Insider Transactions at LiveRamp

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of the company's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the transaction, the chief technology officer now directly owns 57,594 shares in the company, valued at approximately $1,939,189.98. This represents a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CRO Vihan Sharma sold 39,845 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $35.56, for a total value of $1,416,888.20. Following the completion of the sale, the executive now directly owns 110,902 shares of the company's stock, valued at approximately $3,943,675.12. This represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company's stock.

LiveRamp Trading Up 0.6 %

Shares of RAMP stock traded up $0.17 during trading hours on Friday, hitting $28.14. The company's stock had a trading volume of 332,492 shares, compared to its average volume of 632,470. The company has a 50 day moving average of $26.27 and a 200 day moving average of $29.10. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $38.00. The stock has a market cap of $1.85 billion, a PE ratio of 2,814.00 and a beta of 1.02.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings data 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 net margin of 0.01% and a return on equity of 0.97%. As a group, analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

LiveRamp 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.