LiveRamp Holdings, Inc. $RAMP Holdings Reduced by 4D Advisors LLC

4D Advisors LLC reduced its stake in LiveRamp Holdings, Inc. (NYSE:RAMP) by 32.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 135,000 shares of the company’s stock after selling 65,000 shares during the period. LiveRamp accounts for approximately 2.2% of 4D Advisors LLC’s holdings, making the stock its 25th biggest position. 4D Advisors LLC’s holdings in LiveRamp were worth $3,965,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in RAMP. Invenomic Capital Management LP lifted its position in shares of LiveRamp by 61.4% in the 3rd quarter. Invenomic Capital Management LP now owns 469,766 shares of the company’s stock valued at $12,749,000 after acquiring an additional 178,799 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in LiveRamp in the 3rd quarter valued at approximately $1,042,000. Public Sector Pension Investment Board increased its stake in LiveRamp by 33.7% in the 3rd quarter. Public Sector Pension Investment Board now owns 299,339 shares of the company’s stock valued at $8,124,000 after buying an additional 75,398 shares during the period. ArrowMark Colorado Holdings LLC increased its stake in LiveRamp by 25.9% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 345,314 shares of the company’s stock valued at $9,372,000 after buying an additional 71,000 shares during the period. Finally, Elo Mutual Pension Insurance Co increased its stake in LiveRamp by 271.7% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 67,200 shares of the company’s stock valued at $1,824,000 after buying an additional 49,123 shares during the period. 93.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on RAMP shares. DA Davidson downgraded shares of LiveRamp from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $35.00 to $38.50 in a report on Monday, May 18th. Craig Hallum downgraded shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price objective for the company. in a report on Tuesday, May 19th. Evercore started coverage on shares of LiveRamp in a report on Tuesday, March 24th. They set an “outperform” rating and a $37.00 price objective for the company. Weiss Ratings downgraded shares of LiveRamp from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Finally, Morgan Stanley set a $38.50 price objective on shares of LiveRamp in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $40.21.

LiveRamp Price Performance

Shares of LiveRamp stock opened at $37.65 on Thursday. LiveRamp Holdings, Inc. has a fifty-two week low of $21.71 and a fifty-two week high of $37.92. The firm has a fifty day moving average price of $32.76 and a two-hundred day moving average price of $29.11. The company has a market cap of $2.26 billion, a PE ratio of 16.51 and a beta of 1.27.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings results on Monday, May 18th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. LiveRamp had a net margin of 17.95% and a return on equity of 8.28%. The firm had revenue of $206.09 million during the quarter, compared to the consensus estimate of $205.49 million. During the same period in the prior year, the firm earned $0.30 EPS. The business’s revenue was up 9.2% on a year-over-year basis. Analysts expect that LiveRamp Holdings, Inc. will post 2.07 earnings per share for the current fiscal year.

LiveRamp Company Profile

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.