LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Bought by Clarius Group LLC

Clarius Group LLC increased its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,328 shares of the company’s stock after acquiring an additional 2,252 shares during the period. Clarius Group LLC owned approximately 0.14% of LiveRamp worth $2,313,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EVR Research LP acquired a new position in shares of LiveRamp during the second quarter valued at $5,879,000. Vanguard Group Inc. lifted its stake in shares of LiveRamp by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 8,174,985 shares of the company’s stock worth $282,037,000 after acquiring an additional 115,685 shares during the period. G2 Investment Partners Management LLC bought a new position in shares of LiveRamp in the fourth quarter valued at approximately $8,176,000. Assenagon Asset Management S.A. increased its stake in shares of LiveRamp by 32.0% during the second quarter. Assenagon Asset Management S.A. now owns 264,470 shares of the company’s stock valued at $8,183,000 after acquiring an additional 64,155 shares during the period. Finally, Lord Abbett & CO. LLC boosted its stake in LiveRamp by 41.1% during the 1st quarter. Lord Abbett & CO. LLC now owns 323,313 shares of the company’s stock valued at $11,154,000 after purchasing an additional 94,111 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.

Insider Activity

In other news, Director Debora B. Tomlin sold 9,765 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $25.07, for a total transaction of $244,808.55. Following the completion of the sale, the director now owns 24,509 shares in the company, valued at approximately $614,440.63. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Debora B. Tomlin sold 9,765 shares of LiveRamp stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $25.07, for a total value of $244,808.55. Following the transaction, the director now owns 24,509 shares of the company’s stock, valued at $614,440.63. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Mohsin Hussain sold 5,773 shares of LiveRamp stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $25.98, for a total value of $149,982.54. Following the completion of the transaction, the chief technology officer now owns 73,614 shares in the company, valued at $1,912,491.72. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,538 shares of company stock worth $495,471. 3.39% of the stock is owned by corporate insiders.

LiveRamp Stock Performance

LiveRamp stock opened at $24.22 on Friday. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $42.66. The firm has a market cap of $1.61 billion, a PE ratio of 268.70 and a beta of 0.96. The firm’s 50 day moving average price is $24.92 and its two-hundred day moving average price is $29.53.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. The business had revenue of $175.96 million during the quarter, compared to analysts’ expectations of $171.92 million. LiveRamp had a return on equity of 2.14% and a net margin of 0.88%. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.09 EPS. Equities analysts anticipate that LiveRamp Holdings, Inc. will post 0.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Benchmark reduced their price objective on shares of LiveRamp from $56.00 to $48.00 and set a “buy” rating for the company in a research report on Monday. StockNews.com downgraded LiveRamp from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 16th. Craig Hallum decreased their target price on LiveRamp from $55.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Macquarie raised LiveRamp to a “strong-buy” rating in a report on Thursday, August 8th. Finally, Evercore ISI dropped their price target on LiveRamp from $50.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $45.20.

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.