LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp lifted its stake in LiveRamp Holdings, Inc. (NYSE:RAMP) by 139.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,157 shares of the company’s stock after buying an additional 47,859 shares during the period. Mackenzie Financial Corp owned approximately 0.13% of LiveRamp worth $3,112,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Louisiana State Employees Retirement System purchased a new position in LiveRamp in the 4th quarter worth approximately $1,242,000. Clarius Group LLC boosted its stake in shares of LiveRamp by 1.7% in the fourth quarter. Clarius Group LLC now owns 88,200 shares of the company’s stock valued at $3,341,000 after purchasing an additional 1,481 shares during the period. Toth Financial Advisory Corp grew its holdings in LiveRamp by 91.3% during the 4th quarter. Toth Financial Advisory Corp now owns 22,000 shares of the company’s stock valued at $833,000 after purchasing an additional 10,499 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in LiveRamp by 4.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,209 shares of the company’s stock worth $1,144,000 after buying an additional 1,314 shares during the period. Finally, New York State Teachers Retirement System lifted its holdings in LiveRamp by 6.6% in the 4th quarter. New York State Teachers Retirement System now owns 99,764 shares of the company’s stock worth $3,779,000 after buying an additional 6,184 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

LiveRamp Stock Up 1.1 %

NYSE:RAMP opened at $32.42 on Tuesday. LiveRamp Holdings, Inc. has a 52 week low of $22.52 and a 52 week high of $42.66. The company has a market cap of $2.12 billion, a PE ratio of -147.36 and a beta of 1.00. The business’s 50 day moving average is $34.50 and its two-hundred day moving average is $34.56.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. LiveRamp had a positive return on equity of 1.57% and a negative net margin of 2.22%. The firm had revenue of $173.87 million for the quarter, compared to analysts’ expectations of $174.00 million. As a group, sell-side analysts expect that LiveRamp Holdings, Inc. will post 0.64 EPS for the current fiscal year.

Analyst Ratings Changes

RAMP has been the subject of several recent analyst reports. StockNews.com upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th. Craig Hallum lifted their price objective on LiveRamp from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Benchmark reiterated a “buy” rating and set a $51.00 target price on shares of LiveRamp in a research note on Monday, March 4th. Finally, Susquehanna lifted their price target on shares of LiveRamp from $45.00 to $50.00 and gave the stock a “positive” rating in a research note on Friday, February 9th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, LiveRamp has a consensus rating of “Buy” and a consensus price target of $47.75.

Insider Activity

In related news, Director Timothy R. Cadogan sold 1,500 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $37.00, for a total transaction of $55,500.00. Following the sale, the director now owns 51,016 shares in the company, valued at $1,887,592. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.93% of the company’s stock.

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.