Summit Trail Advisors LLC Has $3.52 Million Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Summit Trail Advisors LLC lifted its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 115,924 shares of the company’s stock after acquiring an additional 625 shares during the period. Summit Trail Advisors LLC’s holdings in LiveRamp were worth $3,521,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. DT Investment Partners LLC increased its stake in LiveRamp by 62.6% during the 3rd quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock worth $35,000 after purchasing an additional 545 shares in the last quarter. GAMMA Investing LLC increased its stake in LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after purchasing an additional 1,189 shares in the last quarter. Point72 DIFC Ltd bought a new stake in LiveRamp during the 3rd quarter worth approximately $92,000. KBC Group NV increased its stake in LiveRamp by 57.0% during the 4th 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. Finally, Pacer Advisors Inc. bought a new position in shares of LiveRamp during the 4th quarter worth approximately $115,000. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RAMP has been the subject of several research reports. Evercore ISI raised their price target on shares of LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and set a $42.00 price target on shares of LiveRamp in a research note on Tuesday, February 4th. Macquarie reaffirmed an “outperform” rating and set a $43.00 price target on shares of LiveRamp in a research note on Thursday, November 7th. Morgan Stanley raised their price target on shares of LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 6th. Finally, StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $39.33.

LiveRamp Trading Up 0.9 %

NYSE RAMP opened at $35.57 on Tuesday. The company has a market cap of $2.34 billion, a PE ratio of 3,556.50 and a beta of 0.96. LiveRamp Holdings, Inc. has a 12 month low of $21.45 and a 12 month high of $39.07. The stock has a 50 day moving average of $31.94 and a 200-day moving average of $28.14.

LiveRamp (NYSE:RAMP) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a net margin of 0.01% and a return on equity of 0.97%. As a group, sell-side analysts predict that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

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.