Louisiana State Employees Retirement System bought a new position in LiveRamp Holdings, Inc. (NYSE:RAMP – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,000 shares of the company’s stock, valued at approximately $743,000.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Headlands Technologies LLC acquired a new stake in shares of LiveRamp in the 2nd quarter worth approximately $31,000. Strs Ohio purchased a new position in LiveRamp in the 1st quarter worth about $31,000. Hantz Financial Services Inc. increased its stake in LiveRamp by 197.0% in the 4th quarter. Hantz Financial Services Inc. now owns 1,096 shares of the company’s stock worth $32,000 after purchasing an additional 727 shares in the last quarter. Picton Mahoney Asset Management acquired a new stake in LiveRamp during the 3rd quarter worth about $38,000. Finally, EverSource Wealth Advisors LLC lifted its stake in LiveRamp by 63.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,507 shares of the company’s stock valued at $44,000 after buying an additional 583 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on RAMP. Craig Hallum cut shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 target price for the company. in a report on Tuesday, May 19th. Weiss Ratings downgraded shares of LiveRamp from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Evercore assumed coverage on shares of LiveRamp in a research report on Tuesday, March 24th. They set an “outperform” rating and a $37.00 price objective on the stock. DA Davidson downgraded shares of LiveRamp from a “buy” rating to a “neutral” rating and boosted their target price for the company from $35.00 to $38.50 in a research note on Monday, May 18th. Finally, Morgan Stanley set a $38.50 price objective on LiveRamp in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, LiveRamp currently has an average rating of “Hold” and an average target price of $40.21.
LiveRamp Trading Up 0.1%
NYSE RAMP traded up $0.05 during trading on Tuesday, hitting $37.59. 40,183 shares of the company traded hands, compared to its average volume of 1,151,234. LiveRamp Holdings, Inc. has a 12 month low of $21.71 and a 12 month high of $37.92. The business has a fifty day simple moving average of $35.34 and a 200 day simple moving average of $29.86. The company has a market capitalization of $2.26 billion, a P/E ratio of 16.48 and a beta of 1.27.
LiveRamp (NYSE:RAMP – Get Free Report) last posted its earnings results on Monday, May 18th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.03. LiveRamp had a return on equity of 8.28% and a net margin of 17.95%.The firm had revenue of $206.09 million during the quarter, compared to analyst estimates of $205.49 million. During the same period in the previous year, the company earned $0.30 EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Equities research analysts predict that LiveRamp Holdings, Inc. will post 2.07 EPS for the current fiscal year.
About LiveRamp
LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.
The company offers a suite of products designed to support every stage of the data lifecycle.
Read More
- Five stocks we like better than LiveRamp
- Big Beautiful Boycott: Can It Really Hurt Coca-Cola, Amazon, and Kraft Heinz Stocks?
- 3 Stocks With Solid Yields and Sustainabale Payouts Boost Dividends Once Again
- 2 Short Squeezes for Summer Speculation: What the Bears Are Getting Wrong
- How TeraWulf’s Anthropic Deal Booted Up a $19B AI Empire
Receive News & Ratings for LiveRamp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiveRamp and related companies with MarketBeat.com's FREE daily email newsletter.
