LiveRamp Holdings, Inc. $RAMP Shares Acquired by Deutsche Bank AG

Deutsche Bank AG increased its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 86.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm 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 filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of LiveRamp by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 9,131,290 shares of the company's stock valued at $238,692,000 after buying an additional 283,747 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of LiveRamp by 4.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,694,801 shares of the company's stock worth $81,843,000 after buying an additional 121,856 shares during the period. Janus Henderson Group PLC increased its holdings in LiveRamp by 10.3% in the 4th quarter. Janus Henderson Group PLC now owns 1,798,198 shares of the company's stock valued at $54,600,000 after buying an additional 168,418 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of LiveRamp by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,004,497 shares of the company's stock worth $26,258,000 after purchasing an additional 8,537 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in shares of LiveRamp by 27.1% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 997,402 shares of the company's stock worth $26,072,000 after purchasing an additional 212,572 shares during the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at LiveRamp

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

LiveRamp Trading Up 0.5%

NYSE RAMP traded up $0.1350 during trading on Thursday, hitting $26.7950. 236,950 shares of the company's stock were exchanged, compared to its average volume of 572,152. The company has a market cap of $1.76 billion, a PE ratio of 121.75 and a beta of 1.00. LiveRamp Holdings, Inc. has a fifty-two week low of $22.82 and a fifty-two week high of $36.08. The stock's 50 day moving average price is $31.35 and its two-hundred day moving average price is $29.80.

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

Wall Street Analysts Forecast Growth

RAMP has been the topic of a number of research analyst reports. DA Davidson started coverage on shares of LiveRamp in a report on Wednesday, July 9th. They set a "buy" rating and a $45.00 price objective on the stock. Wells Fargo & Company increased their price target on shares of 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 decreased their target price on shares of LiveRamp from $34.00 to $30.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 12th. Zacks Research cut shares of LiveRamp from a "hold" rating to a "strong sell" rating in a research note on Tuesday. Finally, Benchmark reissued a "buy" rating and issued a $51.00 target price (up from $48.00) on shares of LiveRamp in a research note on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, LiveRamp presently has an average rating of "Hold" and a consensus price target of $40.83.

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.