Deutsche Bank AG Raises Stock Holdings in LiveRamp Holdings, Inc. $RAMP

Deutsche Bank AG raised its stake in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 86.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 154,842 shares of the company's stock after buying an additional 71,727 shares during the period. Deutsche Bank AG owned about 0.24% of LiveRamp worth $4,048,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP boosted its position in shares of LiveRamp by 344.4% during the 4th 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. Blue Trust Inc. boosted its position in shares of LiveRamp by 63.0% during the 1st quarter. Blue Trust Inc. now owns 2,558 shares of the company's stock valued at $67,000 after purchasing an additional 989 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of LiveRamp by 97.0% during the 4th quarter. Russell Investments Group Ltd. now owns 3,986 shares of the company's stock valued at $121,000 after purchasing an additional 1,963 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of LiveRamp during the 4th quarter valued at about $206,000. Finally, Summit Investment Advisors Inc. boosted its position in shares of LiveRamp by 7.2% during the 4th quarter. Summit Investment Advisors Inc. now owns 6,906 shares of the company's stock valued at $210,000 after purchasing an additional 462 shares in the last quarter. Institutional investors own 93.83% of the company's stock.

LiveRamp Trading Up 2.9%

RAMP stock traded up $0.7790 during trading on Friday, reaching $27.6890. 88,339 shares of the stock were exchanged, compared to its average volume of 571,254. The firm's 50 day moving average is $31.24 and its 200 day moving average is $29.75. LiveRamp Holdings, Inc. has a twelve month low of $22.82 and a twelve month high of $36.08. The firm has a market cap of $1.82 billion, a P/E ratio of 125.83 and a beta of 1.00.

LiveRamp (NYSE:RAMP - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. The firm had revenue of $194.82 million during the quarter, compared to the consensus estimate of $191.22 million. LiveRamp had a return on equity of 2.21% and a net margin of 1.89%.The company's quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 earnings per share. As a group, analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RAMP has been the topic of several research analyst reports. Zacks Research lowered LiveRamp from a "hold" rating to a "strong sell" rating in a research report on Tuesday. Wells Fargo & Company upped their target price on LiveRamp from $26.00 to $31.00 and gave the company an "equal weight" rating in a research report on Thursday, May 22nd. Morgan Stanley cut their target price on LiveRamp from $34.00 to $30.00 and set an "equal weight" rating on the stock in a research report on Tuesday, August 12th. DA Davidson assumed coverage on LiveRamp in a research note on Wednesday, July 9th. They set a "buy" rating and a $45.00 price target on the stock. Finally, Benchmark reaffirmed a "buy" rating and set a $51.00 price target (up from $48.00) on shares of LiveRamp in a research note on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $40.83.

Insider Activity at LiveRamp

In other news, Director Timothy R. Cadogan sold 2,500 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $34.00, for a total value of $85,000.00. Following the completion of the sale, the director directly owned 55,470 shares of the company's stock, valued at $1,885,980. This represents a 4.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Mohsin Hussain sold 17,529 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $33.00, for a total value of $578,457.00. Following the completion of the sale, the chief technology officer directly owned 79,616 shares of the company's stock, valued at approximately $2,627,328. This trade represents a 18.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.31% of the company's stock.

About LiveRamp

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.