Jackson Creek Investment Advisors LLC Sells 1,100 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Jackson Creek Investment Advisors LLC reduced its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,153 shares of the company’s stock after selling 1,100 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in LiveRamp were worth $1,037,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. First Horizon Advisors Inc. purchased a new stake in shares of LiveRamp during the 4th quarter valued at $38,000. Smartleaf Asset Management LLC grew its position in LiveRamp by 477.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after buying an additional 1,332 shares during the period. GAMMA Investing LLC increased its holdings in LiveRamp by 232.2% during the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after buying an additional 1,189 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in LiveRamp by 101.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock worth $62,000 after buying an additional 1,027 shares during the last quarter. Finally, Point72 DIFC Ltd bought a new stake in LiveRamp in the third quarter worth about $92,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

LiveRamp Price Performance

Shares of RAMP stock opened at $26.83 on Friday. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $38.00. The company’s fifty day simple moving average is $32.01 and its two-hundred day simple moving average is $28.79. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 2,683.40 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. Equities research analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on RAMP shares. 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 reissued a “buy” rating and issued a $45.00 target price on shares of LiveRamp in a research report on Wednesday, February 26th. Morgan Stanley upped their price target on LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, February 6th. Finally, StockNews.com upgraded 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $39.83.

Insider Activity

In related news, CTO Mohsin Hussain sold 3,554 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $33.67, for a total value of $119,663.18. Following the sale, the chief technology officer now owns 57,594 shares in the company, valued at approximately $1,939,189.98. This trade represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Vihan Sharma sold 39,845 shares of LiveRamp 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 sale, the executive now directly owns 110,902 shares of the company’s stock, valued at $3,943,675.12. This represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is owned by company insiders.

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.