Susquehanna Fundamental Investments LLC Takes Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Susquehanna Fundamental Investments LLC bought a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 78,548 shares of the company's stock, valued at approximately $2,386,000. Susquehanna Fundamental Investments LLC owned about 0.12% of LiveRamp as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of RAMP. KLP Kapitalforvaltning AS bought a new stake in shares of LiveRamp during the fourth quarter valued at approximately $392,000. Empowered Funds LLC bought a new stake in LiveRamp during the 4th quarter valued at $220,000. Tributary Capital Management LLC purchased a new stake in shares of LiveRamp in the 4th quarter worth $15,251,000. Smartleaf Asset Management LLC lifted its stake in LiveRamp by 477.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after acquiring an additional 1,332 shares during the period. Finally, 272 Capital LP bought a new position in LiveRamp during the 3rd quarter worth about $3,914,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

LiveRamp Trading Up 1.5 %

Shares of RAMP stock traded up $0.41 during trading hours on Monday, reaching $26.93. 90,608 shares of the company's stock were exchanged, compared to its average volume of 581,869. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $38.00. The stock has a market cap of $1.77 billion, a PE ratio of 2,693.10 and a beta of 1.02. The stock's fifty day moving average price is $26.48 and its two-hundred day moving average price is $29.10.

LiveRamp (NYSE:RAMP - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. On average, equities analysts expect that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on RAMP shares. Evercore ISI reiterated an "underperform" rating on shares of LiveRamp in a research note on Wednesday, April 16th. StockNews.com upgraded LiveRamp from a "buy" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Benchmark restated a "buy" rating and set a $45.00 price objective on shares of LiveRamp in a research note on Wednesday, February 26th. Finally, Morgan Stanley reaffirmed an "equal weight" rating on shares of LiveRamp in a research report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $38.17.

Insiders Place Their Bets

In related news, CTO Mohsin Hussain sold 3,554 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the transaction, the chief technology officer now directly owns 57,594 shares in the company, valued at $1,939,189.98. The trade was a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CRO Vihan Sharma sold 39,845 shares of the 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 sale, the executive now directly owns 110,902 shares in the company, valued at $3,943,675.12. This represents a 26.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by insiders.

About LiveRamp

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.