LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust grew its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 101.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,039 shares of the company’s stock after buying an additional 1,027 shares during the quarter. Parkside Financial Bank & Trust’s holdings in LiveRamp were worth $62,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Carolina Wealth Advisors LLC increased its stake in LiveRamp by 2.2% during the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock worth $778,000 after buying an additional 560 shares during the period. Summit Trail Advisors LLC increased its position in shares of LiveRamp by 0.5% during the fourth quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company’s stock worth $3,521,000 after acquiring an additional 625 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of 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 acquiring an additional 1,001 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of LiveRamp by 232.2% in the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after acquiring an additional 1,189 shares in the last quarter. Finally, First Horizon Advisors Inc. purchased a new position in LiveRamp in the fourth quarter valued at $38,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CRO Vihan Sharma sold 39,845 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $35.56, for a total value of $1,416,888.20. Following the completion of the sale, the executive now directly owns 110,902 shares of the company’s stock, valued at approximately $3,943,675.12. This represents a 26.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Mohsin Hussain sold 3,554 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $33.67, for a total transaction of $119,663.18. Following the transaction, 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 disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Evercore ISI upped their price target on LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Benchmark restated 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 note on Sunday, December 22nd. Macquarie reiterated an “outperform” rating and set a $43.00 price target on shares of LiveRamp in a report on Thursday, November 7th. Finally, Morgan Stanley raised their price objective on shares of LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $39.83.

LiveRamp Stock Down 1.2 %

Shares of RAMP opened at $29.51 on Tuesday. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $38.00. The stock has a 50 day moving average price of $32.11 and a 200 day moving average price of $28.75. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 2,951.00 and a beta of 0.96.

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

About LiveRamp

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.