Cwm LLC Acquires 17,201 Shares of LiveRamp Holdings (NYSE:RAMP)

Cwm LLC grew its holdings in LiveRamp Holdings (NYSE:RAMP) by 17.9% during the 3rd quarter, Holdings Channel reports. The fund owned 113,240 shares of the company’s stock after buying an additional 17,201 shares during the period. Cwm LLC’s holdings in LiveRamp were worth $4,865,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Granite Investment Partners LLC raised its position in LiveRamp by 52.4% in the second quarter. Granite Investment Partners LLC now owns 25,353 shares of the company’s stock worth $1,229,000 after acquiring an additional 8,722 shares during the period. First Mercantile Trust Co. raised its position in LiveRamp by 71.9% in the second quarter. First Mercantile Trust Co. now owns 2,831 shares of the company’s stock worth $137,000 after acquiring an additional 1,184 shares during the period. BNP Paribas Arbitrage SA bought a new position in LiveRamp in the second quarter worth approximately $856,000. JPMorgan Chase & Co. raised its position in LiveRamp by 10.3% in the second quarter. JPMorgan Chase & Co. now owns 257,117 shares of the company’s stock worth $12,196,000 after acquiring an additional 23,968 shares during the period. Finally, Peregrine Capital Management LLC raised its position in LiveRamp by 9.7% in the second quarter. Peregrine Capital Management LLC now owns 669,379 shares of the company’s stock worth $32,451,000 after acquiring an additional 58,999 shares during the period. Institutional investors and hedge funds own 99.65% of the company’s stock.

Several research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of LiveRamp from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th. Morgan Stanley decreased their price target on shares of LiveRamp from $64.00 to $58.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. Finally, First Analysis upgraded shares of LiveRamp from an “outperform” rating to a “strong-buy” rating in a research report on Friday, September 20th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $61.29.

In other news, Director Clark M. Kokich sold 1,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $45.38, for a total transaction of $45,380.00. Insiders have sold a total of 3,000 shares of company stock worth $128,380 over the last 90 days. Insiders own 5.18% of the company’s stock.

Shares of RAMP stock opened at $39.60 on Friday. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of -28.91 and a beta of 1.44. LiveRamp Holdings has a one year low of $36.53 and a one year high of $63.23. The company’s fifty day moving average price is $42.33 and its 200-day moving average price is $49.02.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings data on Monday, August 5th. The company reported ($0.51) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.52) by $0.01. The firm had revenue of $82.51 million for the quarter, compared to the consensus estimate of $78.31 million. LiveRamp had a net margin of 323.70% and a negative return on equity of 10.06%. As a group, equities analysts expect that LiveRamp Holdings will post -2.22 earnings per share for the current year.

LiveRamp Company Profile

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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Institutional Ownership by Quarter for LiveRamp (NYSE:RAMP)

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