Analysts Set LiveRamp Holdings, Inc. (NYSE:RAMP) Target Price at $47.75

Shares of LiveRamp Holdings, Inc. (NYSE:RAMP) have earned an average recommendation of “Buy” from the four research firms that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is $47.75.

RAMP has been the subject of a number of recent analyst reports. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 16th. Benchmark reiterated a “buy” rating and issued a $51.00 price target on shares of LiveRamp in a research note on Monday, March 4th. Susquehanna boosted their price target on LiveRamp from $45.00 to $50.00 and gave the stock a “positive” rating in a report on Friday, February 9th. Finally, Craig Hallum lifted their target price on LiveRamp from $42.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, January 18th.

Insider Buying and Selling at LiveRamp

In other news, Director Timothy R. Cadogan sold 1,500 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $37.00, for a total transaction of $55,500.00. Following the sale, the director now directly owns 51,016 shares in the company, valued at $1,887,592. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.93% of the company’s stock.

Institutional Investors Weigh In On LiveRamp

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust increased its position in shares of LiveRamp by 198.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 786 shares of the company’s stock worth $30,000 after buying an additional 523 shares during the period. State Board of Administration of Florida Retirement System raised its position in shares of LiveRamp by 3.7% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 18,789 shares of the company’s stock worth $542,000 after acquiring an additional 670 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of LiveRamp by 62.9% in the 4th quarter. Pacer Advisors Inc. now owns 1,908 shares of the company’s stock valued at $72,000 after purchasing an additional 737 shares during the period. Headlands Technologies LLC bought a new stake in shares of LiveRamp during the 4th quarter valued at about $29,000. Finally, Arizona State Retirement System boosted its position in shares of LiveRamp by 4.3% during the 3rd quarter. Arizona State Retirement System now owns 18,965 shares of the company’s stock valued at $547,000 after purchasing an additional 787 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

LiveRamp Trading Up 0.2 %

NYSE RAMP opened at $32.56 on Thursday. The company has a market cap of $2.13 billion, a price-to-earnings ratio of -148.00 and a beta of 1.00. LiveRamp has a 1-year low of $23.15 and a 1-year high of $42.66. The company has a 50 day moving average of $33.77 and a 200-day moving average of $34.72.

LiveRamp (NYSE:RAMP) last released its earnings results on Thursday, February 8th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. The firm had revenue of $173.87 million during the quarter, compared to the consensus estimate of $174.00 million. LiveRamp had a positive return on equity of 1.57% and a negative net margin of 2.22%. On average, equities research analysts forecast that LiveRamp will post 0.64 earnings per share for the current 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.