LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Purchased by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC boosted its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 2.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 179,796 shares of the company’s stock after acquiring an additional 4,567 shares during the quarter. Silvercrest Asset Management Group LLC owned 0.27% of LiveRamp worth $6,203,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of RAMP. Jennison Associates LLC increased its stake in shares of LiveRamp by 286.9% in the 1st quarter. Jennison Associates LLC now owns 1,407,098 shares of the company’s stock valued at $48,545,000 after purchasing an additional 1,043,457 shares in the last quarter. Ophir Asset Management Pty Ltd boosted its stake in shares of LiveRamp by 5,308.7% in the fourth quarter. Ophir Asset Management Pty Ltd now owns 746,079 shares of the company’s stock worth $28,261,000 after acquiring an additional 732,285 shares during the last quarter. Norges Bank purchased a new stake in shares of LiveRamp during the fourth quarter worth approximately $16,546,000. Intrinsic Edge Capital Management LLC raised its stake in LiveRamp by 61.9% in the 4th quarter. Intrinsic Edge Capital Management LLC now owns 659,018 shares of the company’s stock valued at $24,964,000 after purchasing an additional 251,993 shares during the last quarter. Finally, G2 Investment Partners Management LLC purchased a new position in LiveRamp in the 4th quarter valued at $8,176,000. 93.83% of the stock is owned by institutional investors and hedge funds.

LiveRamp Trading Down 0.5 %

LiveRamp stock traded down $0.15 during midday trading on Tuesday, hitting $30.37. 150,653 shares of the stock were exchanged, compared to its average volume of 619,975. The stock’s 50-day simple moving average is $31.09 and its 200 day simple moving average is $33.89. LiveRamp Holdings, Inc. has a fifty-two week low of $27.04 and a fifty-two week high of $42.66. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 169.51 and a beta of 1.00.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings results on Wednesday, May 22nd. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07). LiveRamp had a return on equity of 3.27% and a net margin of 1.80%. The firm had revenue of $171.85 million for the quarter, compared to analyst estimates of $159.95 million. Equities analysts anticipate that LiveRamp Holdings, Inc. will post 0.3 EPS for the current fiscal year.

Insider Activity

In other news, CTO Mohsin Hussain sold 17,299 shares of LiveRamp stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $31.15, for a total value of $538,863.85. Following the completion of the sale, the chief technology officer now directly owns 88,546 shares of the company’s stock, valued at $2,758,207.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Kimberly Bloomston sold 13,055 shares of the business’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $31.11, for a total transaction of $406,141.05. Following the completion of the transaction, the insider now owns 127,404 shares in the company, valued at $3,963,538.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CTO Mohsin Hussain sold 17,299 shares of the firm’s stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $31.15, for a total value of $538,863.85. Following the completion of the sale, the chief technology officer now owns 88,546 shares in the company, valued at $2,758,207.90. The disclosure for this sale can be found here. Insiders own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on RAMP shares. StockNews.com lowered shares of LiveRamp from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 16th. Morgan Stanley dropped their price objective on shares of LiveRamp from $49.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, May 23rd. Finally, Benchmark reissued a “buy” rating and issued a $56.00 target price on shares of LiveRamp in a research note on Wednesday, July 10th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $50.25.

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.