Tower Research Capital LLC TRC Lowers Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Tower Research Capital LLC TRC reduced its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 92.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 912 shares of the company's stock after selling 10,845 shares during the period. Tower Research Capital LLC TRC's holdings in LiveRamp were worth $28,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in RAMP. First Horizon Advisors Inc. acquired a new stake in shares of LiveRamp in the 4th quarter valued at about $38,000. Smartleaf Asset Management LLC grew its position in LiveRamp by 477.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company's stock worth $49,000 after purchasing an additional 1,332 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of LiveRamp by 101.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock valued at $62,000 after acquiring an additional 1,027 shares during the last quarter. KBC Group NV boosted its holdings in shares of LiveRamp by 57.0% in the 4th quarter. KBC Group NV now owns 3,457 shares of the company's stock worth $105,000 after buying an additional 1,255 shares during the last quarter. Finally, Pacer Advisors Inc. purchased a new stake in LiveRamp during the fourth quarter worth about $115,000. 93.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

LiveRamp Price Performance

RAMP stock opened at $27.96 on Thursday. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $38.00. The firm has a 50-day moving average of $26.62 and a 200 day moving average of $29.38. The company has a market cap of $1.84 billion, a P/E ratio of 2,795.80 and a beta of 1.02.

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.