LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lowered its stake in LiveRamp Holdings, Inc. (NYSE:RAMP) by 5.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 69,397 shares of the company’s stock after selling 4,350 shares during the quarter. Stifel Financial Corp’s holdings in LiveRamp were worth $1,720,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in RAMP. EVR Research LP acquired a new position in shares of LiveRamp during the 2nd quarter worth about $5,879,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in LiveRamp in the 3rd quarter valued at $1,187,000. Royce & Associates LP boosted its stake in LiveRamp by 75.6% during the 3rd quarter. Royce & Associates LP now owns 317,910 shares of the company’s stock worth $7,878,000 after purchasing an additional 136,900 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of LiveRamp by 353.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 66,911 shares of the company’s stock worth $1,658,000 after buying an additional 52,166 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in LiveRamp by 111.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 559,213 shares of the company’s stock valued at $13,857,000 after acquiring an additional 294,743 shares during the last quarter. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the company. StockNews.com upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Monday, December 16th. Benchmark cut their target price on LiveRamp from $48.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Wells Fargo & Company assumed coverage on shares of LiveRamp in a research report on Monday, October 28th. They issued an “equal weight” rating and a $25.00 target price on the stock. Finally, Macquarie reiterated an “outperform” rating and issued a $43.00 target price on shares of LiveRamp in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, LiveRamp has an average rating of “Buy” and an average price target of $41.14.

Insider Transactions at LiveRamp

In related news, Director Debora B. Tomlin sold 9,765 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $25.07, for a total value of $244,808.55. Following the completion of the transaction, the director now directly owns 24,509 shares of the company’s stock, valued at $614,440.63. This represents a 28.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kimberly Bloomston sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $25.17, for a total transaction of $100,680.00. Following the sale, the insider now directly owns 117,247 shares in the company, valued at approximately $2,951,106.99. The trade was a 3.30 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.

LiveRamp Trading Down 0.6 %

NYSE:RAMP opened at $30.17 on Friday. The firm has a market cap of $1.97 billion, a PE ratio of 603.52 and a beta of 0.97. The stock has a fifty day moving average price of $28.25 and a 200 day moving average price of $27.89. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $42.66.

LiveRamp (NYSE:RAMP) last issued its earnings results on Wednesday, November 6th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.14. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. The firm had revenue of $185.00 million for the quarter, compared to analysts’ expectations of $176.16 million. During the same quarter last year, the company earned $0.21 earnings per share. The firm’s revenue was up 15.6% compared to the same quarter last year. Equities analysts forecast that LiveRamp Holdings, Inc. will post 0.36 EPS for the current year.

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.