Jefferies Financial Group Inc. Makes New Investment in LiveRamp Holdings, Inc. (NYSE:RAMP)

Jefferies Financial Group Inc. bought a new position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 8,000 shares of the company's stock, valued at approximately $243,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Barclays PLC grew its position in shares of LiveRamp by 56.3% during the 3rd quarter. Barclays PLC now owns 438,121 shares of the company's stock valued at $10,857,000 after purchasing an additional 157,775 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in LiveRamp by 30.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 41,205 shares of the company's stock valued at $1,251,000 after buying an additional 9,737 shares during the period. KBC Group NV grew its position in LiveRamp by 57.0% during the fourth quarter. KBC Group NV now owns 3,457 shares of the company's stock worth $105,000 after buying an additional 1,255 shares in the last quarter. Pacer Advisors Inc. bought a new position in LiveRamp in the 4th quarter worth about $115,000. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of LiveRamp by 5.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 70,486 shares of the company's stock valued at $2,141,000 after acquiring an additional 3,575 shares in the last quarter. Institutional investors own 93.83% of the company's stock.

LiveRamp Trading Down 0.0%

NYSE:RAMP traded down $0.01 on Wednesday, reaching $32.68. 352,598 shares of the stock traded hands, compared to its average volume of 630,532. The company's fifty day simple moving average is $27.67 and its 200 day simple moving average is $29.70. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 3,268.00 and a beta of 1.02. LiveRamp Holdings, Inc. has a 12 month low of $21.45 and a 12 month high of $36.08.

LiveRamp (NYSE:RAMP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). The business had revenue of $188.72 million during the quarter, compared to the consensus estimate of $185.41 million. LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. The company's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.25 earnings per share. Equities analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Insider Transactions at LiveRamp

In other LiveRamp news, CTO Mohsin Hussain sold 17,529 shares of the company's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $33.00, for a total value of $578,457.00. Following the sale, the chief technology officer now directly owns 79,616 shares of the company's stock, valued at approximately $2,627,328. This represents a 18.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.39% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on RAMP shares. Evercore ISI reiterated an "underperform" rating on shares of LiveRamp in a research report on Wednesday, April 16th. Benchmark reaffirmed a "buy" rating and set a $48.00 target price (up previously from $45.00) on shares of LiveRamp in a report on Thursday, May 22nd. Wells Fargo & Company upped 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. Wall Street Zen upgraded LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Finally, Morgan Stanley increased their price objective on LiveRamp from $28.00 to $34.00 and gave the company an "equal weight" rating in a research note on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, LiveRamp presently has a consensus rating of "Moderate Buy" and an average target price of $40.67.

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.