Carolina Wealth Advisors LLC Has $271,000 Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Carolina Wealth Advisors LLC cut its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 59.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,353 shares of the company's stock after selling 15,255 shares during the period. Carolina Wealth Advisors LLC's holdings in LiveRamp were worth $271,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. First Horizon Advisors Inc. bought a new stake in shares of LiveRamp during the 4th quarter worth $38,000. Quarry LP raised its stake in LiveRamp by 344.4% during the fourth quarter. Quarry LP now owns 1,462 shares of the company's stock worth $44,000 after acquiring an additional 1,133 shares in the last quarter. Smartleaf Asset Management LLC lifted 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 acquiring an additional 1,332 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of LiveRamp by 101.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock valued at $62,000 after purchasing an additional 1,027 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings 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 during the last quarter. Institutional investors and hedge funds own 93.83% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. Wells Fargo & Company raised their price objective on LiveRamp from $26.00 to $31.00 and gave the company an "equal weight" rating in a report on Thursday, May 22nd. Evercore ISI reaffirmed an "underperform" rating on shares of LiveRamp in a report on Wednesday, April 16th. Benchmark reissued a "buy" rating and set a $48.00 price target (up from $45.00) on shares of LiveRamp in a research note on Thursday, May 22nd. Finally, Morgan Stanley boosted their price target on LiveRamp from $28.00 to $34.00 and gave the stock an "equal weight" rating in a report 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 issued a strong buy rating to the company's stock. According to MarketBeat.com, LiveRamp presently has an average rating of "Moderate Buy" and a consensus target price of $40.67.

LiveRamp Price Performance

NYSE RAMP traded down $0.03 on Friday, reaching $32.72. The company had a trading volume of 810,369 shares, compared to its average volume of 624,645. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of -3,272.00 and a beta of 1.01. LiveRamp Holdings, Inc. has a fifty-two week low of $21.45 and a fifty-two week high of $36.08. The business has a 50 day moving average of $30.03 and a two-hundred day moving average of $29.88.

LiveRamp (NYSE:RAMP - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). LiveRamp had a negative net margin of 0.11% and a positive return on equity of 1.33%. The company had revenue of $188.72 million during the quarter, compared to the consensus estimate of $185.41 million. During the same quarter last year, the firm posted $0.25 EPS. The company's quarterly revenue was up 9.8% on a year-over-year basis. As a group, research analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other LiveRamp news, CTO Mohsin Hussain sold 17,529 shares of the business's 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 transaction, the chief technology officer now directly 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 3.39% of the stock is owned by insiders.

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.