Schroder Investment Management Group Has $77.93 Million Stake in LiveRamp Holdings, Inc. (NYSE:RAMP)

Schroder Investment Management Group lessened its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP) by 23.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,553,345 shares of the company’s stock after selling 801,574 shares during the period. Schroder Investment Management Group’s holdings in LiveRamp were worth $77,928,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in RAMP. First Horizon Advisors Inc. acquired a new position in shares of LiveRamp in the fourth quarter valued at $38,000. Smartleaf Asset Management LLC raised its holdings in LiveRamp by 477.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after acquiring an additional 1,332 shares during the period. GAMMA Investing LLC lifted its position 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 acquiring an additional 1,189 shares during the last quarter. Parkside Financial Bank & Trust lifted its position 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 acquiring an additional 1,027 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new position in shares of LiveRamp in the third quarter valued at approximately $92,000. Institutional investors own 93.83% of the company’s stock.

Insider Buying and Selling

In related news, CTO Mohsin Hussain sold 3,554 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $33.67, for a total value of $119,663.18. Following the completion of the transaction, the chief technology officer now owns 57,594 shares of the company’s stock, valued at $1,939,189.98. This represents a 5.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CRO Vihan Sharma sold 39,845 shares of the business’s stock in a transaction on Monday, February 10th. The stock was 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 owned by corporate insiders.

Wall Street Analyst Weigh In

RAMP has been the subject of several recent research reports. Morgan Stanley boosted their price target on LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, February 6th. Benchmark restated a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a research note on Wednesday, February 26th. Evercore ISI lifted their price objective 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. Finally, StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $39.83.

LiveRamp Stock Down 2.6 %

RAMP stock opened at $26.33 on Monday. The company has a market cap of $1.73 billion, a PE ratio of 2,632.90 and a beta of 0.96. LiveRamp Holdings, Inc. has a 52 week low of $21.45 and a 52 week high of $38.00. The business has a 50-day simple moving average of $30.81 and a 200 day simple moving average of $29.01.

LiveRamp (NYSE:RAMP) last released its earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate 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 anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal 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.