LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Acquired by Peregrine Capital Management LLC

Peregrine Capital Management LLC boosted its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 5.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 263,984 shares of the company’s stock after purchasing an additional 14,179 shares during the quarter. Peregrine Capital Management LLC’s holdings in LiveRamp were worth $8,017,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. DT Investment Partners LLC lifted its holdings in shares of LiveRamp by 62.6% in the 3rd quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock worth $35,000 after purchasing an additional 545 shares during the last quarter. GAMMA Investing LLC grew its position in shares of LiveRamp by 232.2% during 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. Point72 DIFC Ltd acquired a new stake in shares of LiveRamp in the 3rd quarter worth about $92,000. KBC Group NV lifted its position in LiveRamp by 57.0% in the 4th quarter. KBC Group NV now owns 3,457 shares of the company’s stock valued at $105,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Pacer Advisors Inc. acquired a new position in LiveRamp during the 4th quarter valued at about $115,000. 93.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

RAMP has been the topic of a number of recent analyst reports. Benchmark reaffirmed a “buy” rating and set a $42.00 price target on shares of LiveRamp in a report on Tuesday, February 4th. Morgan Stanley raised their price target on LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 22nd. Wells Fargo & Company initiated coverage on shares of LiveRamp in a research note on Monday, October 28th. They issued an “equal weight” rating and a $25.00 price target for the company. Finally, Evercore ISI upped their target price on LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, LiveRamp currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

Insider Activity

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of LiveRamp stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the transaction, the chief technology officer now directly owns 57,594 shares in the company, valued at approximately $1,939,189.98. The trade was a 5.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 value of $1,416,888.20. Following the completion of the sale, the executive now owns 110,902 shares of the company’s stock, valued at $3,943,675.12. The trade was a 26.43 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by company insiders.

LiveRamp Price Performance

Shares of RAMP opened at $33.91 on Wednesday. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $38.00. The stock has a market capitalization of $2.23 billion, a P/E ratio of 3,391.00 and a beta of 0.96. The firm’s 50 day moving average is $32.22 and its 200-day moving average is $28.31.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. As a group, equities research analysts forecast that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

About LiveRamp

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.