Robeco Institutional Asset Management B.V. Purchases 61,543 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Robeco Institutional Asset Management B.V. raised its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 87.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,029 shares of the company's stock after purchasing an additional 61,543 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.20% of LiveRamp worth $3,451,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Advisors LLC raised its holdings in shares of LiveRamp by 53.0% in the first quarter. Legacy Advisors LLC now owns 21,880 shares of the company's stock worth $572,000 after buying an additional 7,575 shares during the period. Blue Trust Inc. increased its stake in LiveRamp by 63.0% in the first quarter. Blue Trust Inc. now owns 2,558 shares of the company's stock worth $67,000 after purchasing an additional 989 shares during the period. Clarius Group LLC lifted its position in shares of LiveRamp by 1.6% during the first quarter. Clarius Group LLC now owns 96,566 shares of the company's stock worth $2,524,000 after purchasing an additional 1,480 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its position in shares of LiveRamp by 3.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 22,870 shares of the company's stock worth $598,000 after purchasing an additional 695 shares during the last quarter. Finally, Stanley Laman Group Ltd. boosted its stake in shares of LiveRamp by 43.6% during the first quarter. Stanley Laman Group Ltd. now owns 112,273 shares of the company's stock valued at $2,935,000 after purchasing an additional 34,100 shares during the period. Institutional investors own 93.83% of the company's stock.

Insider Activity at LiveRamp

In other news, CTO Mohsin Hussain sold 17,529 shares of the firm's stock in a transaction dated 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 directly owned 79,616 shares in the company, valued at approximately $2,627,328. This trade represents a 18.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.39% of the company's stock.

LiveRamp Stock Up 1.0%

Shares of NYSE:RAMP opened at $33.03 on Tuesday. The firm has a 50 day moving average of $30.20 and a 200 day moving average of $29.85. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of -3,303.00 and a beta of 1.01. LiveRamp Holdings, Inc. has a 52 week low of $21.45 and a 52 week high of $36.08.

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 the consensus estimate of $0.31 by ($0.01). LiveRamp had a positive return on equity of 1.33% and a negative net margin of 0.11%. The company had revenue of $188.72 million during the quarter, compared to the consensus estimate of $185.41 million. During the same period in the previous year, the firm posted $0.25 earnings per share. The company's revenue was up 9.8% on a year-over-year basis. On average, sell-side analysts expect that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

Wall Street Analyst Weigh In

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

LiveRamp 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.

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