LiveRamp Holdings, Inc. $RAMP Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC cut its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 75.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,237 shares of the company’s stock after selling 25,117 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in LiveRamp were worth $224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in RAMP. Engineers Gate Manager LP raised its holdings in shares of LiveRamp by 0.5% during the second quarter. Engineers Gate Manager LP now owns 113,424 shares of the company’s stock worth $3,748,000 after purchasing an additional 561 shares during the period. California State Teachers Retirement System grew its position in shares of LiveRamp by 1.1% during the 2nd quarter. California State Teachers Retirement System now owns 61,432 shares of the company’s stock valued at $2,030,000 after buying an additional 640 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in LiveRamp by 1.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,234 shares of the company’s stock worth $999,000 after acquiring an additional 677 shares during the period. Headlands Technologies LLC bought a new position in LiveRamp in the second quarter worth about $31,000. Finally, Empowered Funds LLC boosted its stake in LiveRamp by 12.9% in the first quarter. Empowered Funds LLC now owns 8,164 shares of the company’s stock valued at $213,000 after acquiring an additional 936 shares during the period. Institutional investors own 93.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Cross Research set a $53.00 price target on LiveRamp in a research report on Tuesday, November 4th. Morgan Stanley upped their price objective on LiveRamp from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of LiveRamp in a research note on Monday, December 29th. Zacks Research downgraded shares of LiveRamp from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Finally, Wells Fargo & Company increased their price objective on shares of LiveRamp from $31.00 to $34.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, LiveRamp currently has an average rating of “Hold” and an average target price of $43.50.

LiveRamp Stock Performance

NYSE:RAMP opened at $25.74 on Friday. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 42.20 and a beta of 1.12. LiveRamp Holdings, Inc. has a 1 year low of $22.82 and a 1 year high of $36.08. The business has a fifty day moving average of $28.44 and a 200-day moving average of $28.67.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.07. The business had revenue of $199.83 million during the quarter, compared to the consensus estimate of $197.31 million. LiveRamp had a net margin of 5.15% and a return on equity of 4.44%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 earnings per share. On average, equities research analysts predict that LiveRamp Holdings, Inc. will post 0.48 EPS for the current 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.