Jackson Creek Investment Advisors LLC Makes New $1.04 Million Investment in LiveRamp Holdings, Inc. (NYSE:RAMP)

Jackson Creek Investment Advisors LLC purchased a new stake in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,410 shares of the company's stock, valued at approximately $1,038,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Headlands Technologies LLC purchased a new stake in shares of LiveRamp in the 4th quarter valued at about $29,000. Parkside Financial Bank & Trust lifted its stake in LiveRamp by 198.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 786 shares of the company's stock valued at $30,000 after buying an additional 523 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of LiveRamp by 62.9% in the fourth quarter. Pacer Advisors Inc. now owns 1,908 shares of the company's stock valued at $72,000 after acquiring an additional 737 shares during the period. NJ State Employees Deferred Compensation Plan purchased a new position in shares of LiveRamp during the third quarter worth approximately $202,000. Finally, Jump Financial LLC purchased a new position in shares of LiveRamp during the third quarter worth approximately $243,000. Institutional investors and hedge funds own 93.83% of the company's stock.

Analyst Upgrades and Downgrades

RAMP has been the subject of a number of recent research reports. Craig Hallum increased 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. Susquehanna increased their target price on shares of LiveRamp from $45.00 to $50.00 and gave the stock a "positive" rating in a research note on Friday, February 9th. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 16th. Finally, Benchmark reaffirmed a "buy" rating and set a $51.00 price objective on shares of LiveRamp in a research note on Monday, March 4th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, LiveRamp presently has an average rating of "Buy" and an average target price of $47.75.

Insider Buying and Selling at LiveRamp

In related news, Director Timothy R. Cadogan sold 1,500 shares of the firm's stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $37.00, for a total value of $55,500.00. Following the completion of the sale, the director now owns 51,016 shares in the company, valued at $1,887,592. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.93% of the stock is owned by corporate insiders.

LiveRamp Stock Performance

NYSE:RAMP traded down $0.83 during mid-day trading on Tuesday, reaching $32.11. The stock had a trading volume of 695,940 shares, compared to its average volume of 592,677. LiveRamp Holdings, Inc. has a twelve month low of $23.10 and a twelve month high of $42.66. The business has a 50 day simple moving average of $34.09 and a 200 day simple moving average of $34.67. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of -145.95 and a beta of 1.00.

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