LiveRamp Holdings, Inc. (NYSE:RAMP) Position Trimmed by Geode Capital Management LLC

Geode Capital Management LLC cut its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,476,645 shares of the company's stock after selling 16,877 shares during the period. Geode Capital Management LLC owned about 2.25% of LiveRamp worth $44,857,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in RAMP. Carolina Wealth Advisors LLC boosted its stake in shares of LiveRamp by 2.2% during the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company's stock worth $778,000 after purchasing an additional 560 shares during the last quarter. Summit Trail Advisors LLC boosted its position in LiveRamp by 0.5% during the fourth quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company's stock worth $3,521,000 after acquiring an additional 625 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in LiveRamp by 101.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock worth $62,000 after acquiring an additional 1,027 shares during the period. GAMMA Investing LLC lifted its stake in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company's stock worth $52,000 after purchasing an additional 1,189 shares during the period. Finally, First Horizon Advisors Inc. acquired a new stake in shares of LiveRamp during the fourth quarter worth $38,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on RAMP shares. StockNews.com lowered LiveRamp from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 12th. Evercore ISI reaffirmed an "underperform" rating on shares of LiveRamp in a research report on Wednesday. Morgan Stanley reissued an "equal weight" rating on shares of LiveRamp in a research note on Wednesday. Finally, Benchmark reaffirmed a "buy" rating and issued a $45.00 target price on shares of LiveRamp in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $38.17.

Insider Transactions at LiveRamp

In related news, CRO Vihan Sharma sold 39,845 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $35.56, for a total value of $1,416,888.20. Following the transaction, the executive now owns 110,902 shares in the company, valued at approximately $3,943,675.12. The trade was a 26.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Mohsin Hussain sold 3,554 shares of LiveRamp stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $33.67, for a total value of $119,663.18. Following the sale, the chief technology officer now owns 57,594 shares in the company, valued at $1,939,189.98. This represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company's stock.

LiveRamp Stock Performance

LiveRamp stock traded up $0.03 during trading on Friday, reaching $24.91. 687,796 shares of the company's stock were exchanged, compared to its average volume of 632,639. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $38.00. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 2,490.60 and a beta of 1.05. The company's 50-day moving average is $27.76 and its two-hundred day moving average is $28.93.

LiveRamp (NYSE:RAMP - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. Analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS 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.