DT Investment Partners LLC Has $35,000 Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

DT Investment Partners LLC grew its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 62.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,415 shares of the company’s stock after acquiring an additional 545 shares during the period. DT Investment Partners LLC’s holdings in LiveRamp were worth $35,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Illinois Municipal Retirement Fund grew its holdings in LiveRamp by 1.2% during the 1st quarter. Illinois Municipal Retirement Fund now owns 38,264 shares of the company’s stock worth $1,320,000 after acquiring an additional 461 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in LiveRamp by 1.5% during the second quarter. Louisiana State Employees Retirement System now owns 33,300 shares of the company’s stock valued at $1,030,000 after acquiring an additional 500 shares during the last quarter. Arizona State Retirement System grew its holdings in LiveRamp by 2.9% during the 2nd quarter. Arizona State Retirement System now owns 18,528 shares of the company’s stock worth $573,000 after acquiring an additional 523 shares during the period. Covestor Ltd raised its position in shares of LiveRamp by 44.9% in the 1st quarter. Covestor Ltd now owns 2,131 shares of the company’s stock worth $73,000 after acquiring an additional 660 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of LiveRamp by 187.1% in the 2nd quarter. Blue Trust Inc. now owns 1,065 shares of the company’s stock valued at $33,000 after purchasing an additional 694 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

LiveRamp Trading Up 4.1 %

NYSE RAMP opened at $24.74 on Friday. The company has a fifty day simple moving average of $24.97 and a 200 day simple moving average of $28.77. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $42.66. The company has a market cap of $1.66 billion, a P/E ratio of 137.44 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. LiveRamp had a net margin of 0.88% and a return on equity of 2.14%. The firm had revenue of $175.96 million during the quarter, compared to analysts’ expectations of $171.92 million. During the same period last year, the company earned $0.09 earnings per share. The business’s revenue was up 14.2% on a year-over-year basis. Sell-side analysts predict that LiveRamp Holdings, Inc. will post 0.37 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on RAMP shares. Benchmark decreased their target price on LiveRamp from $56.00 to $48.00 and set a “buy” rating for the company in a research note on Monday, October 7th. Macquarie upgraded shares of LiveRamp to a “strong-buy” rating in a research note on Thursday, August 8th. Evercore ISI cut their target price on shares of LiveRamp from $50.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. StockNews.com downgraded shares of LiveRamp from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 16th. Finally, Craig Hallum dropped their price objective on shares of LiveRamp from $55.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $45.20.

Insiders Place Their Bets

In other news, 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 value of $100,680.00. Following the transaction, the insider now owns 117,247 shares in the company, valued at $2,951,106.99. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Kimberly Bloomston sold 4,000 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $25.17, for a total value of $100,680.00. Following the completion of the sale, the insider now owns 117,247 shares in the company, valued at $2,951,106.99. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Mohsin Hussain sold 5,773 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $25.98, for a total transaction of $149,982.54. Following the transaction, the chief technology officer now owns 73,614 shares in the company, valued at approximately $1,912,491.72. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,538 shares of company stock valued at $495,471. Corporate insiders own 3.39% of the company’s stock.

LiveRamp Company 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.