Essex Investment Management Co. LLC purchased a new position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 34,052 shares of the company's stock, valued at approximately $1,290,000. Essex Investment Management Co. LLC owned approximately 0.05% of LiveRamp at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in shares of LiveRamp in the 4th quarter valued at approximately $29,000. Parkside Financial Bank & Trust raised its stake in shares of LiveRamp by 198.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 786 shares of the company's stock valued at $30,000 after acquiring an additional 523 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of LiveRamp by 62.9% in the 4th quarter. Pacer Advisors Inc. now owns 1,908 shares of the company's stock valued at $72,000 after acquiring an additional 737 shares in the last quarter. NJ State Employees Deferred Compensation Plan bought a new position in shares of LiveRamp in the 3rd quarter valued at approximately $202,000. Finally, Jump Financial LLC bought a new position in shares of LiveRamp in the 3rd quarter valued at approximately $243,000. 93.83% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on RAMP shares. StockNews.com raised LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 16th. Susquehanna raised their target price on LiveRamp from $45.00 to $50.00 and gave the company a "positive" rating in a report on Friday, February 9th. Benchmark reaffirmed a "buy" rating and issued a $51.00 target price on shares of LiveRamp in a report on Wednesday. Finally, Craig Hallum raised their target price on LiveRamp from $42.00 to $50.00 and gave the company a "buy" rating in a report on Thursday, January 18th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $47.75.
Check Out Our Latest Stock Report on LiveRamp
LiveRamp Stock Up 2.2 %
RAMP traded up $0.70 during trading on Wednesday, hitting $32.91. The company's stock had a trading volume of 453,656 shares, compared to its average volume of 568,063. The firm's 50 day moving average price is $33.41 and its two-hundred day moving average price is $34.97. LiveRamp Holdings, Inc. has a 12 month low of $23.15 and a 12 month high of $42.66. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of -149.59 and a beta of 1.00.
About LiveRamp
(
Free Report)
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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