Cwm LLC Raises Stake in LiveRamp Holdings, Inc. (NYSE:RAMP)

Cwm LLC grew its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 1.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 128,743 shares of the company’s stock after purchasing an additional 2,380 shares during the period. Cwm LLC owned approximately 0.19% of LiveRamp worth $6,679,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of LiveRamp by 49.1% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,496 shares of the company’s stock worth $281,000 after purchasing an additional 822 shares in the last quarter. Cornerstone Investment Partners LLC acquired a new position in LiveRamp during the first quarter worth about $241,000. Guinness Atkinson Asset Management Inc lifted its holdings in shares of LiveRamp by 900.0% in the first quarter. Guinness Atkinson Asset Management Inc now owns 1,180 shares of the company’s stock valued at $61,000 after purchasing an additional 1,062 shares in the last quarter. OLD National Bancorp IN grew its position in shares of LiveRamp by 36.4% in the first quarter. OLD National Bancorp IN now owns 6,030 shares of the company’s stock valued at $313,000 after purchasing an additional 1,609 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of LiveRamp by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 21,989 shares of the company’s stock valued at $1,141,000 after purchasing an additional 325 shares during the last quarter. Institutional investors own 97.12% of the company’s stock.

Shares of RAMP opened at $48.89 on Tuesday. The firm has a market cap of $3.27 billion, a PE ratio of -37.32 and a beta of 1.28. The company’s fifty day moving average is $51.39 and its two-hundred day moving average is $64.60. LiveRamp Holdings, Inc. has a fifty-two week low of $35.01 and a fifty-two week high of $87.38.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings results on Sunday, February 7th. The company reported $0.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.07. The company had revenue of $120.00 million for the quarter, compared to analyst estimates of $113.10 million. LiveRamp had a negative net margin of 21.33% and a negative return on equity of 7.60%. LiveRamp’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.03) EPS. Equities research analysts anticipate that LiveRamp Holdings, Inc. will post -1.48 EPS for the current year.

Several analysts have recently commented on the stock. Susquehanna Bancshares increased their price target on shares of LiveRamp from $85.00 to $90.00 and gave the company a “positive” rating in a research report on Tuesday, February 9th. Wells Fargo & Company increased their price target on shares of LiveRamp from $87.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, January 28th. Craig Hallum increased their price target on shares of LiveRamp from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, February 9th. BMO Capital Markets reiterated a “market perform” rating and issued a $65.00 price target (down from $80.00) on shares of LiveRamp in a research report on Wednesday, March 10th. Finally, Evercore ISI increased their price target on shares of LiveRamp from $85.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, January 13th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. LiveRamp presently has an average rating of “Buy” and an average target price of $85.90.

LiveRamp Company Profile

LiveRamp Holdings, Inc, a technology company, provides enterprise data connectivity platform solutions in the United States, Europe, and the Asia-Pacific. The company offers IdentityLink, a true people-based identifier that provides onboarding, identity resolution, data network, and measurement and analytics solutions.

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Institutional Ownership by Quarter for LiveRamp (NYSE:RAMP)

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