Tower Research Capital LLC TRC Sells 10,845 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Tower Research Capital LLC TRC lowered its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 92.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 912 shares of the company’s stock after selling 10,845 shares during the quarter. Tower Research Capital LLC TRC’s holdings in LiveRamp were worth $28,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Barclays PLC lifted its position in LiveRamp by 56.3% in the 3rd quarter. Barclays PLC now owns 438,121 shares of the company’s stock valued at $10,857,000 after acquiring an additional 157,775 shares in the last quarter. Carolina Wealth Advisors LLC raised its position in shares of LiveRamp by 2.2% in the fourth quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock valued at $778,000 after purchasing an additional 560 shares during the period. Clarius Group LLC lifted its position in LiveRamp by 1.9% during the fourth quarter. Clarius Group LLC now owns 95,086 shares of the company’s stock worth $2,888,000 after acquiring an additional 1,758 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in LiveRamp by 30.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 41,205 shares of the company’s stock valued at $1,251,000 after buying an additional 9,737 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its position in shares of LiveRamp by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 70,193 shares of the company’s stock valued at $2,132,000 after acquiring an additional 2,872 shares during the period. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on RAMP shares. Evercore ISI reiterated an “underperform” rating on shares of LiveRamp in a research report on Wednesday, April 16th. Morgan Stanley reissued an “equal weight” rating on shares of LiveRamp in a report on Wednesday, April 16th. StockNews.com upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, April 22nd. Finally, Benchmark restated a “buy” rating and issued a $45.00 target price on shares of LiveRamp in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $38.17.

LiveRamp Stock Performance

Shares of NYSE:RAMP opened at $29.67 on Friday. The business has a 50-day simple moving average of $26.41 and a two-hundred day simple moving average of $29.27. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 2,967.00 and a beta of 1.02. LiveRamp Holdings, Inc. has a fifty-two week low of $21.45 and a fifty-two week high of $38.00.

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.