Axa S.A. Grows Stock Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

AXA S.A. boosted its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 16.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 105,083 shares of the company's stock after buying an additional 14,708 shares during the quarter. AXA S.A. owned approximately 0.16% of LiveRamp worth $3,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. purchased a new stake in shares of LiveRamp during the fourth quarter worth about $38,000. Quarry LP increased 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 buying an additional 1,133 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of 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 acquiring an additional 1,332 shares in the last quarter. GAMMA Investing LLC lifted its stake in LiveRamp by 232.2% in the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after acquiring an additional 1,189 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings 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 acquiring an additional 1,027 shares in the last quarter. Institutional investors own 93.83% of the company's stock.

Insider Activity at LiveRamp

In other news, CTO Mohsin Hussain sold 3,554 shares of the business'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 sale, the chief technology officer now owns 57,594 shares of the company's stock, valued at $1,939,189.98. The trade was a 5.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction, the executive now directly owns 110,902 shares in the company, valued at $3,943,675.12. This represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by insiders.

LiveRamp Trading Up 0.6 %

LiveRamp stock traded up $0.17 during mid-day trading on Friday, hitting $28.14. The company had a trading volume of 332,492 shares, compared to its average volume of 633,145. LiveRamp Holdings, Inc. has a 12 month low of $21.45 and a 12 month high of $38.00. The stock's 50 day moving average price is $26.25 and its two-hundred day moving average price is $29.13. The company has a market capitalization of $1.85 billion, a PE ratio of 2,814.00 and a beta of 1.02.

LiveRamp (NYSE:RAMP - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 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%. Equities research analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

Wall Street Analysts Forecast Growth

RAMP has been the topic of several research analyst reports. Benchmark reiterated a "buy" rating and set a $45.00 price target on shares of LiveRamp in a research report on Wednesday, February 26th. Evercore ISI restated an "underperform" rating on shares of LiveRamp in a research note on Wednesday, April 16th. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. Finally, Morgan Stanley reissued an "equal weight" rating on shares of LiveRamp in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, LiveRamp presently has an average 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.