Stanley Laman Group Ltd. Has $2.94 Million Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Stanley Laman Group Ltd. increased its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 43.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,273 shares of the company's stock after acquiring an additional 34,100 shares during the period. Stanley Laman Group Ltd. owned about 0.17% of LiveRamp worth $2,935,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. First Horizon Advisors Inc. acquired a new stake in LiveRamp in the 4th quarter valued at about $38,000. Quarry LP increased its holdings in shares of LiveRamp by 344.4% in the fourth 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. Smartleaf Asset Management LLC raised its position in LiveRamp by 477.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after purchasing an additional 1,332 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in LiveRamp by 101.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock worth $62,000 after buying an additional 1,027 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in LiveRamp by 97.0% during the 4th quarter. Russell Investments Group Ltd. now owns 3,986 shares of the company's stock worth $121,000 after buying an additional 1,963 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on RAMP shares. Benchmark restated a "buy" rating and set a $48.00 target price (up previously from $45.00) on shares of LiveRamp in a research report on Thursday, May 22nd. Evercore ISI reissued an "underperform" rating on shares of LiveRamp in a report on Wednesday, April 16th. Wells Fargo & Company raised their target price on shares of LiveRamp from $26.00 to $31.00 and gave the company an "equal weight" rating in a research note on Thursday, May 22nd. Morgan Stanley boosted their price target on shares of LiveRamp from $28.00 to $34.00 and gave the stock an "equal weight" rating in a research note on Friday, May 23rd. Finally, Wall Street Zen raised shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $40.67.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, CTO Mohsin Hussain sold 17,529 shares of LiveRamp stock in a transaction that occurred 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 transaction, the chief technology officer now owns 79,616 shares of the company's stock, valued at approximately $2,627,328. The trade was a 18.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 3.39% of the company's stock.

LiveRamp Price Performance

Shares of LiveRamp stock traded down $0.90 during trading on Friday, hitting $31.25. 477,446 shares of the company were exchanged, compared to its average volume of 628,671. The firm has a market capitalization of $2.03 billion, a P/E ratio of 3,124.70 and a beta of 1.01. The firm's fifty day moving average price is $28.73 and its 200 day moving average price is $29.84. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $36.08.

LiveRamp (NYSE:RAMP - Get Free Report) last posted its 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). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. The firm had revenue of $188.72 million during the quarter, compared to analyst estimates of $185.41 million. During the same quarter last year, the business posted $0.25 earnings per share. The company's revenue for the quarter was up 9.8% on a year-over-year basis. As a group, equities research analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

LiveRamp Company 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.