Headlands Technologies LLC Makes New $29,000 Investment in LiveRamp Holdings, Inc. (NYSE:RAMP)

Headlands Technologies LLC acquired a new position in shares of LiveRamp Holdings, Inc. (NYSE:RAMPFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 762 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Yousif Capital Management LLC increased its stake in shares of LiveRamp by 4.1% in the 4th quarter. Yousif Capital Management LLC now owns 34,174 shares of the company’s stock valued at $1,295,000 after acquiring an additional 1,351 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of LiveRamp by 198.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 786 shares of the company’s stock valued at $30,000 after acquiring an additional 523 shares during the last quarter. Jennison Associates LLC bought a new stake in shares of LiveRamp in the 4th quarter valued at about $13,775,000. Knights of Columbus Asset Advisors LLC increased its stake in LiveRamp by 128.3% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 154,870 shares of the company’s stock worth $5,866,000 after purchasing an additional 87,020 shares in the last quarter. Finally, Cornerstone Investment Partners LLC bought a new stake in LiveRamp during the 4th quarter worth approximately $254,000. 93.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Susquehanna increased their target price on LiveRamp from $45.00 to $50.00 and gave the stock a “positive” rating in a research note on Friday, February 9th. StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th. Benchmark reissued a “buy” rating and set a $51.00 target price on shares of LiveRamp in a research note on Monday, March 4th. Finally, Craig Hallum increased their target price on LiveRamp from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $47.75.

Check Out Our Latest Analysis on LiveRamp

LiveRamp Stock Up 0.6 %

NYSE:RAMP opened at $32.48 on Friday. LiveRamp Holdings, Inc. has a twelve month low of $23.15 and a twelve month high of $42.66. The business has a 50 day moving average price of $33.92 and a two-hundred day moving average price of $34.68. The company has a market cap of $2.13 billion, a P/E ratio of -147.64 and a beta of 1.00.

LiveRamp (NYSE:RAMPGet Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $174.00 million. As a group, analysts anticipate that LiveRamp Holdings, Inc. will post 0.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Timothy R. Cadogan sold 1,500 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $37.00, for a total value of $55,500.00. Following the completion of the sale, the director now owns 51,016 shares of the company’s stock, valued at approximately $1,887,592. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.93% of the company’s stock.

About LiveRamp

(Free Report)

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.

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Institutional Ownership by Quarter for LiveRamp (NYSE:RAMP)

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