Centiva Capital LP reduced its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 50.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,407 shares of the company's stock after selling 9,568 shares during the quarter. Centiva Capital LP's holdings in LiveRamp were worth $286,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the business. KLP Kapitalforvaltning AS bought a new position in LiveRamp during the fourth quarter worth $392,000. Empowered Funds LLC acquired a new position in LiveRamp in the fourth quarter valued at about $220,000. Tributary Capital Management LLC acquired a new position in LiveRamp in the fourth quarter valued at about $15,251,000. Smartleaf Asset Management LLC raised its stake in LiveRamp by 477.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after acquiring an additional 1,332 shares in the last quarter. Finally, Barclays PLC raised its stake in LiveRamp by 56.3% during the third quarter. Barclays PLC now owns 438,121 shares of the company's stock worth $10,857,000 after acquiring an additional 157,775 shares in the last quarter. 93.83% of the stock is owned by institutional investors.
Analyst Ratings Changes
RAMP has been the topic of several research reports. Benchmark restated a "buy" rating and set a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. 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, Morgan Stanley restated an "equal weight" rating on shares of LiveRamp in a research note on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $38.17.
View Our Latest Stock Report on RAMP
LiveRamp Trading Up 3.8%
NYSE RAMP opened at $29.25 on Tuesday. 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 $1.92 billion, a P/E ratio of 2,925.00 and a beta of 1.02. The stock's fifty day moving average price is $26.24 and its 200-day moving average price is $29.24.
Insider Activity
In other LiveRamp news, 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 completion of the sale, the chief technology officer now owns 57,594 shares in the company, valued at $1,939,189.98. This represents a 5.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.39% of the company's stock.
LiveRamp Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding RAMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report).
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