Shares of LiveRamp Holdings (NASDAQ:RAMP) rose 5.7% during trading on Wednesday . The company traded as high as $45.19 and last traded at $45.16, approximately 600,272 shares traded hands during mid-day trading. A decline of 12% from the average daily volume of 681,417 shares. The stock had previously closed at $42.74.
Several research firms recently weighed in on RAMP. Susquehanna Bancshares assumed coverage on shares of LiveRamp in a report on Wednesday, June 26th. They issued a “positive” rating and a $70.00 price target on the stock. First Analysis upgraded shares of LiveRamp from a “neutral” rating to an “outperform” rating and set a $55.00 price objective for the company in a report on Wednesday, May 29th. Zacks Investment Research cut shares of LiveRamp from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th. Finally, Morgan Stanley initiated coverage on shares of LiveRamp in a research note on Monday, July 15th. They set an “overweight” rating and a $64.00 target price on the stock. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. LiveRamp has an average rating of “Buy” and a consensus target price of $62.14.
The business has a fifty day simple moving average of $45.78 and a two-hundred day simple moving average of $52.04.
In other LiveRamp news, Director Clark M. Kokich sold 1,000 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $44.14, for a total transaction of $44,140.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Hedge funds have recently made changes to their positions in the company. Advisor Group Inc. increased its stake in shares of LiveRamp by 100.0% in the 2nd quarter. Advisor Group Inc. now owns 536 shares of the company’s stock worth $27,000 after acquiring an additional 268 shares in the last quarter. Assetmark Inc. bought a new stake in LiveRamp during the second quarter worth about $46,000. Hilton Capital Management LLC bought a new stake in LiveRamp during the first quarter worth about $49,000. First Mercantile Trust Co. purchased a new stake in LiveRamp in the first quarter worth about $90,000. Finally, Tower Research Capital LLC TRC grew its holdings in LiveRamp by 63.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,174 shares of the company’s stock worth $105,000 after purchasing an additional 845 shares during the period.
About LiveRamp (NASDAQ:RAMP)
LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.
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