LiveRamp Holdings, Inc. (NYSE:RAMP) Stock Position Raised by American Century Companies Inc.

American Century Companies Inc. lifted its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 112.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 52,170 shares of the company’s stock after buying an additional 27,607 shares during the quarter. American Century Companies Inc.’s holdings in LiveRamp were worth $1,584,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in RAMP. First Horizon Advisors Inc. acquired a new stake in LiveRamp in the fourth quarter valued at approximately $38,000. Smartleaf Asset Management LLC raised its holdings in shares of LiveRamp by 477.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after purchasing an additional 1,332 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after purchasing an additional 1,189 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of LiveRamp by 101.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock valued at $62,000 after purchasing an additional 1,027 shares during the last quarter. Finally, KBC Group NV boosted its holdings in LiveRamp by 57.0% in the fourth quarter. KBC Group NV now owns 3,457 shares of the company’s stock worth $105,000 after purchasing an additional 1,255 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.

Analysts Set New Price Targets

RAMP has been the subject of a number of analyst reports. Evercore ISI boosted their price target on LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. StockNews.com upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Morgan Stanley increased 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. Finally, Benchmark reissued a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a research report on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $39.83.

LiveRamp Stock Up 11.7 %

RAMP opened at $26.31 on Thursday. The stock’s 50 day moving average price is $29.12 and its two-hundred day moving average price is $28.92. The firm has a market capitalization of $1.73 billion, a P/E ratio of 2,631.00 and a beta of 1.05. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $38.00.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings data 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 return on equity of 0.97% and a net margin of 0.01%. As a group, analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

Insider Transactions at LiveRamp

In other news, 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 transaction, the executive now owns 110,902 shares in the company, valued at approximately $3,943,675.12. This represents a 26.43 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Mohsin Hussain sold 3,554 shares of the firm’s stock in a transaction dated Friday, February 14th. The stock was 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 of the company’s stock, valued at $1,939,189.98. The trade was a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.39% of the company’s stock.

LiveRamp Profile

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.