LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. lessened its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 45.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 415,447 shares of the company's stock after selling 344,789 shares during the period. Federated Hermes Inc. owned 0.63% of LiveRamp worth $15,737,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of RAMP. SG Americas Securities LLC boosted its holdings in shares of LiveRamp by 202.1% during the 3rd quarter. SG Americas Securities LLC now owns 74,058 shares of the company's stock valued at $2,136,000 after buying an additional 49,547 shares in the last quarter. Everence Capital Management Inc. bought a new position in LiveRamp in the 3rd quarter worth about $302,000. Carolina Wealth Advisors LLC boosted its stake in LiveRamp by 6.6% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 24,885 shares of the company's stock worth $718,000 after purchasing an additional 1,545 shares in the last quarter. Clarius Group LLC boosted its stake in LiveRamp by 1.9% in the 3rd quarter. Clarius Group LLC now owns 86,719 shares of the company's stock worth $2,501,000 after purchasing an additional 1,633 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in LiveRamp by 187.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 14,206 shares of the company's stock worth $410,000 after purchasing an additional 9,269 shares in the last quarter. Institutional investors own 93.83% of the company's stock.

Insiders Place Their Bets

In other LiveRamp news, Director Timothy R. Cadogan sold 1,500 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $37.00, for a total transaction of $55,500.00. Following the completion of the sale, the director now directly owns 51,016 shares of the company's stock, valued at approximately $1,887,592. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.93% of the stock is owned by company insiders.

LiveRamp Price Performance

Shares of NYSE:RAMP traded up $0.76 during trading on Tuesday, hitting $33.18. The company's stock had a trading volume of 579,160 shares, compared to its average volume of 587,253. The company has a 50-day moving average of $34.43 and a 200-day moving average of $34.59. LiveRamp Holdings, Inc. has a 12 month low of $22.52 and a 12 month high of $42.66. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of -150.82 and a beta of 1.00.

LiveRamp (NYSE:RAMP - Get Free Report) last released its earnings results on Thursday, February 8th. The company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.05. LiveRamp had a negative net margin of 2.22% and a positive return on equity of 1.57%. The company had revenue of $173.87 million for the quarter, compared to analysts' expectations of $174.00 million. As a group, research analysts anticipate that LiveRamp Holdings, Inc. will post 0.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

RAMP has been the topic of a number of analyst reports. Craig Hallum upped their price target on shares of LiveRamp from $42.00 to $50.00 and gave the stock a "buy" rating in a research note on Thursday, January 18th. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, April 16th. Benchmark reissued a "buy" rating and issued a $51.00 target price on shares of LiveRamp in a research report on Monday, March 4th. Finally, Susquehanna boosted their target price on LiveRamp from $45.00 to $50.00 and gave the stock a "positive" rating in a research report on Friday, February 9th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $47.75.

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.