D. E. Shaw & Co. Inc. Lowers Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

D. E. Shaw & Co. Inc. lowered its stake in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,324 shares of the company's stock after selling 17,259 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.14% of LiveRamp worth $2,895,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. KLP Kapitalforvaltning AS purchased a new position in shares of LiveRamp in the fourth quarter worth about $392,000. Empowered Funds LLC purchased a new position in shares of LiveRamp in the fourth quarter worth about $220,000. Tributary Capital Management LLC purchased a new position in shares of LiveRamp in the fourth quarter worth about $15,251,000. Smartleaf Asset Management LLC increased its holdings in shares of LiveRamp by 477.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after buying an additional 1,332 shares during the period. Finally, Baillie Gifford & Co. increased its holdings in shares of LiveRamp by 4.3% in the fourth quarter. Baillie Gifford & Co. now owns 1,416,642 shares of the company's stock worth $43,023,000 after buying an additional 58,568 shares during the period. Hedge funds and other institutional investors own 93.83% of the company's stock.

LiveRamp Stock Performance

LiveRamp stock opened at $29.16 on Tuesday. The stock's 50 day simple moving average is $26.52 and its two-hundred day simple moving average is $29.39. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 2,916.00 and a beta of 1.02. LiveRamp Holdings, Inc. has a fifty-two week low of $21.45 and a fifty-two week high of $38.00.

Analysts Set New Price Targets

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

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.

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