LiveRamp Holdings, Inc. (NYSE:RAMP) Receives Consensus Recommendation of “Hold” from Analysts

LiveRamp Holdings, Inc. (NYSE:RAMP) has been given an average rating of “Hold” by the six brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $38.17.

Several equities research analysts have issued reports on RAMP shares. StockNews.com downgraded shares of LiveRamp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 12th. Benchmark reiterated a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. Morgan Stanley restated an “equal weight” rating on shares of LiveRamp in a research note on Wednesday, April 16th. Finally, Evercore ISI reiterated an “underperform” rating on shares of LiveRamp in a research note on Wednesday, April 16th.

LiveRamp Trading Down 1.2 %

Shares of RAMP opened at $24.63 on Thursday. LiveRamp has a twelve month low of $21.45 and a twelve month high of $38.00. The firm has a market capitalization of $1.62 billion, a P/E ratio of 2,463.00 and a beta of 1.05. The stock’s fifty day simple moving average is $27.58 and its 200 day simple moving average is $28.97.

LiveRamp (NYSE:RAMP) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. Sell-side analysts predict that LiveRamp will post 0.48 earnings per share for the current year.

Insider Activity at LiveRamp

In other LiveRamp news, CRO Vihan Sharma sold 39,845 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the transaction, the executive now directly owns 110,902 shares in the company, valued at $3,943,675.12. This represents a 26.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Mohsin Hussain sold 3,554 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the sale, the chief technology officer now directly owns 57,594 shares of the company’s stock, valued at $1,939,189.98. The trade was a 5.81 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On LiveRamp

Institutional investors have recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new position in LiveRamp in the fourth quarter worth $38,000. Quarry LP grew its position in shares of LiveRamp by 344.4% during the 4th quarter. Quarry LP now owns 1,462 shares of the company’s stock valued at $44,000 after buying an additional 1,133 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in LiveRamp by 477.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock worth $49,000 after acquiring an additional 1,332 shares during the period. GAMMA Investing LLC lifted its holdings in LiveRamp by 232.2% in the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after acquiring an additional 1,189 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in LiveRamp by 101.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock valued at $62,000 after acquiring an additional 1,027 shares during the period. 93.83% of the stock is currently owned by institutional investors.

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.