LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Bought by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. raised its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 106.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 91,881 shares of the company’s stock after purchasing an additional 47,273 shares during the period. EFG Asset Management North America Corp.’s holdings in LiveRamp were worth $2,788,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Carolina Wealth Advisors LLC increased its stake in shares of LiveRamp by 2.2% in the 4th 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 in the last quarter. Summit Trail Advisors LLC grew its holdings in LiveRamp by 0.5% in the fourth quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company’s stock valued at $3,521,000 after purchasing an additional 625 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in LiveRamp by 0.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,059 shares of the company’s stock valued at $4,041,000 after purchasing an additional 1,001 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of LiveRamp by 101.5% during the 4th 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 period. Finally, GAMMA Investing LLC lifted its position in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after buying an additional 1,189 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Insider Buying and Selling

In related news, CTO Mohsin Hussain sold 3,554 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $33.67, for a total transaction of $119,663.18. Following the completion of the sale, the chief technology officer now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Vihan Sharma sold 39,845 shares of LiveRamp stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the sale, the executive now directly owns 110,902 shares in the company, valued at approximately $3,943,675.12. The trade was a 26.43 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by company insiders.

LiveRamp Trading Up 2.3 %

NYSE:RAMP opened at $27.80 on Tuesday. The company has a market cap of $1.83 billion, a P/E ratio of 2,779.70 and a beta of 0.96. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $38.00. The company’s 50-day moving average price is $31.15 and its 200-day moving average price is $28.94.

LiveRamp (NYSE:RAMP) last released its earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share 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%. On average, analysts expect that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Evercore ISI boosted their price target on shares of LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Benchmark reissued a “buy” rating and set a $45.00 target price on shares of LiveRamp in a research note on Wednesday, February 26th. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 22nd. Finally, Morgan Stanley boosted their price objective on LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, LiveRamp currently has an average rating of “Moderate Buy” and an average target price of $39.83.

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.