LiveRamp Holdings, Inc. (NYSE:RAMP) Receives Consensus Rating of "Hold" from Analysts

Key Points

• LiveRamp Holdings, Inc. has received a consensus rating of "Hold" from analysts, with one sell, two hold, and four buy recommendations among the seven research firms covering the stock.
• Wells Fargo raised its price target for LiveRamp from $26.00 to $31.00 and assigned an "equal weight" rating, while DA Davidson set a new buy rating with a price objective of $45.00.
• Insiders, including Director Timothy R. Cadogan and CTO Mohsin Hussain, recently sold significant amounts of LiveRamp stock, indicating a 4.31% and 18.04% decrease in their ownership, respectively.

LiveRamp Holdings, Inc. (NYSE:RAMP - Get Free Report) has received an average recommendation of "Hold" from the seven research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $41.29.

RAMP has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of LiveRamp from $26.00 to $31.00 and gave the company an "equal weight" rating in a report on Thursday, May 22nd. Wall Street Zen raised shares of LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Morgan Stanley increased their price objective on shares of LiveRamp from $28.00 to $34.00 and gave the company an "equal weight" rating in a report on Friday, May 23rd. DA Davidson initiated coverage on shares of LiveRamp in a report on Wednesday, July 9th. They set a "buy" rating and a $45.00 price objective for the company. Finally, Evercore ISI reaffirmed an "underperform" rating on shares of LiveRamp in a report on Wednesday, April 16th.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, Director Timothy R. Cadogan sold 2,500 shares of LiveRamp stock in a transaction on Monday, July 7th. The shares were sold at an average price of $34.00, for a total transaction of $85,000.00. Following the completion of the transaction, the director directly owned 55,470 shares of the company's stock, valued at $1,885,980. The trade was a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Mohsin Hussain sold 17,529 shares of LiveRamp stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $33.00, for a total transaction of $578,457.00. Following the transaction, the chief technology officer directly owned 79,616 shares of the company's stock, valued at $2,627,328. The trade was a 18.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.31% of the stock is owned by insiders.

Institutional Trading of LiveRamp

Several institutional investors and hedge funds have recently made changes to their positions in RAMP. Raymond James Financial Inc. bought a new stake in shares of LiveRamp during the fourth quarter worth $206,000. Natixis Advisors LLC bought a new position in LiveRamp in the fourth quarter worth about $567,000. American Century Companies Inc. grew its stake in shares of LiveRamp by 112.4% during the fourth quarter. American Century Companies Inc. now owns 52,170 shares of the company's stock worth $1,584,000 after acquiring an additional 27,607 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of LiveRamp during the fourth quarter worth about $392,000. Finally, LPL Financial LLC purchased a new stake in shares of LiveRamp during the fourth quarter worth about $321,000. 93.83% of the stock is currently owned by institutional investors.

LiveRamp Trading Up 0.6%

NYSE RAMP opened at $32.81 on Friday. LiveRamp has a 12 month low of $21.45 and a 12 month high of $36.08. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of -3,281.10 and a beta of 1.01. The company's 50 day moving average is $32.32 and its two-hundred day moving average is $30.17.

LiveRamp (NYSE:RAMP - Get Free Report) last released its 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 positive return on equity of 1.33% and a negative net margin of 0.11%. The firm had revenue of $188.72 million for the quarter, compared to the consensus estimate of $185.41 million. During the same quarter in the previous year, the business posted $0.25 EPS. LiveRamp's revenue was up 9.8% on a year-over-year basis. Sell-side analysts forecast that LiveRamp 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.

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