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

Jackson Creek Investment Advisors LLC lessened its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,153 shares of the company’s stock after selling 1,100 shares during the quarter. Jackson Creek Investment Advisors LLC owned approximately 0.05% of LiveRamp worth $1,037,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of RAMP. First Horizon Advisors Inc. bought a new position in LiveRamp in the 4th quarter valued at approximately $38,000. Smartleaf Asset Management LLC increased its position 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 raised its stake in shares of LiveRamp by 232.2% during 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 during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of 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 purchasing an additional 1,027 shares during the period. Finally, Point72 DIFC Ltd bought a new stake in shares of LiveRamp in the third quarter worth $92,000. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at LiveRamp

In other LiveRamp news, CRO Vihan Sharma sold 39,845 shares of the company’s stock in a transaction 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 transaction, the executive now owns 110,902 shares in the company, 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 filing with the SEC, which is accessible through this hyperlink. Also, CTO Mohsin Hussain sold 3,554 shares of LiveRamp 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

RAMP has been the topic of several recent research reports. StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Morgan Stanley lifted 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. Evercore ISI increased their target price on shares of LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Finally, Benchmark restated a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a research report on Wednesday, February 26th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $39.83.

LiveRamp Stock Performance

Shares of RAMP stock opened at $26.83 on Friday. The company has a market cap of $1.76 billion, a P/E ratio of 2,683.40 and a beta of 0.96. LiveRamp Holdings, Inc. has a fifty-two week low of $21.45 and a fifty-two week high of $38.00. The stock has a 50 day simple moving average of $32.01 and a two-hundred day simple moving average of $28.79.

LiveRamp (NYSE:RAMP) last released its earnings results 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 net margin of 0.01% and a return on equity of 0.97%. On average, research analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current 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.