California State Teachers Retirement System Sells 19,008 Shares of LiveRamp Holdings (NASDAQ:RAMP)

California State Teachers Retirement System trimmed its holdings in LiveRamp Holdings (NASDAQ:RAMP) by 15.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 103,740 shares of the company’s stock after selling 19,008 shares during the quarter. California State Teachers Retirement System owned approximately 0.15% of LiveRamp worth $5,661,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Delta Asset Management LLC TN acquired a new position in LiveRamp in the fourth quarter valued at about $26,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of LiveRamp by 3,763.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,174,159 shares of the company’s stock worth $30,000 after buying an additional 1,143,764 shares in the last quarter. Ffcm LLC acquired a new position in shares of LiveRamp during the fourth quarter worth approximately $33,000. Resources Investment Advisors Inc. acquired a new position in shares of LiveRamp during the fourth quarter worth approximately $34,000. Finally, Spectrum Management Group Inc. purchased a new stake in LiveRamp in the 1st quarter valued at $36,000.

RAMP has been the subject of several research analyst reports. Zacks Investment Research raised LiveRamp from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a research report on Tuesday, March 5th. Evercore ISI began coverage on LiveRamp in a research note on Thursday, February 28th. They set an “outperform” rating and a $70.00 price target for the company. Finally, First Analysis upgraded LiveRamp from a “neutral” rating to an “outperform” rating and set a $55.00 target price for the company in a research note on Wednesday, May 29th. Five research analysts have rated the stock with a buy rating, LiveRamp currently has an average rating of “Buy” and a consensus target price of $61.20.

NASDAQ RAMP opened at $51.79 on Wednesday. LiveRamp Holdings has a twelve month low of $29.03 and a twelve month high of $63.23.

LiveRamp (NASDAQ:RAMP) last released its earnings results on Tuesday, May 28th. The company reported ($0.61) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.39) by ($0.22). The business had revenue of $78.30 million during the quarter, compared to analyst estimates of $76.99 million. The business’s quarterly revenue was up 30.1% compared to the same quarter last year.

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LiveRamp 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 (NASDAQ:RAMP)

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