Tower Research Capital LLC TRC Sells 10,845 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Tower Research Capital LLC TRC cut its position in LiveRamp Holdings, Inc. (NYSE:RAMP - Free Report) by 92.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 912 shares of the company's stock after selling 10,845 shares during the quarter. Tower Research Capital LLC TRC's holdings in LiveRamp were worth $28,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Summit Investment Advisors Inc. lifted its holdings in LiveRamp by 7.2% during the 4th quarter. Summit Investment Advisors Inc. now owns 6,906 shares of the company's stock valued at $210,000 after purchasing an additional 462 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in LiveRamp by 2.2% during the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company's stock valued at $778,000 after purchasing an additional 560 shares during the last quarter. Summit Trail Advisors LLC lifted its holdings in LiveRamp by 0.5% during the 4th quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company's stock valued at $3,521,000 after purchasing an additional 625 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in LiveRamp by 101.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company's stock valued at $62,000 after purchasing an additional 1,027 shares during the last quarter. Finally, First Horizon Advisors Inc. acquired a new stake in LiveRamp during the 4th quarter valued at $38,000. 93.83% of the stock is owned by institutional investors.

LiveRamp Stock Down 1.0%

Shares of RAMP traded down $0.31 during midday trading on Friday, reaching $29.33. 529,055 shares of the stock were exchanged, compared to its average volume of 634,459. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $38.00. The company has a market cap of $1.93 billion, a P/E ratio of 2,933.00 and a beta of 1.02. The stock's 50 day simple moving average is $26.47 and its 200 day simple moving average is $29.33.

Analysts Set New Price Targets

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

LiveRamp 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.