LiveRamp Holdings, Inc. (NYSE:RAMP) Stock Position Boosted by Summit Trail Advisors LLC

Summit Trail Advisors LLC grew its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,924 shares of the company’s stock after purchasing an additional 625 shares during the period. Summit Trail Advisors LLC owned approximately 0.18% of LiveRamp worth $3,521,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. DT Investment Partners LLC boosted its position in shares of LiveRamp by 62.6% during the 3rd quarter. DT Investment Partners LLC now owns 1,415 shares of the company’s stock valued at $35,000 after purchasing an additional 545 shares in the last quarter. GAMMA Investing LLC boosted 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 purchasing an additional 1,189 shares in the last quarter. Point72 DIFC Ltd bought a new position in shares of LiveRamp during the 3rd quarter valued at about $92,000. KBC Group NV boosted its holdings in shares of LiveRamp by 57.0% in the fourth quarter. KBC Group NV now owns 3,457 shares of the company’s stock worth $105,000 after buying an additional 1,255 shares during the period. Finally, Pacer Advisors Inc. acquired a new position in shares of LiveRamp in the fourth quarter worth about $115,000. Institutional investors own 93.83% of the company’s stock.

Analyst Ratings Changes

RAMP has been the subject of several recent analyst reports. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 22nd. Evercore ISI increased their price target on shares of LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Wells Fargo & Company started coverage on shares of LiveRamp in a research report on Monday, October 28th. They issued an “equal weight” rating and a $25.00 price target for the company. Macquarie reissued an “outperform” rating and issued a $43.00 price target on shares of LiveRamp in a research report on Thursday, November 7th. Finally, Benchmark reissued a “buy” rating and issued a $42.00 price target on shares of LiveRamp in a research report on Tuesday, February 4th. Two equities research 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. Based on data from MarketBeat.com, LiveRamp has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

LiveRamp Stock Performance

RAMP opened at $35.57 on Tuesday. The firm’s 50-day simple moving average is $31.94 and its 200-day simple moving average is $28.14. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $39.07. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 3,556.50 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last posted 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%. As a group, sell-side analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 EPS for the current fiscal year.

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.