Mariner LLC Invests $241,000 in LiveRamp Holdings, Inc. (NYSE:RAMP)

Mariner LLC acquired a new position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,944 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors have also recently bought and sold shares of the company. Barclays PLC raised its holdings in shares of LiveRamp by 56.3% during the 3rd quarter. Barclays PLC now owns 438,121 shares of the company’s stock valued at $10,857,000 after purchasing an additional 157,775 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of LiveRamp by 11.5% in the third quarter. Franklin Resources Inc. now owns 1,526,250 shares of the company’s stock worth $37,653,000 after buying an additional 157,696 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of LiveRamp by 232.2% during the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after acquiring an additional 1,189 shares in the last quarter. Carolina Wealth Advisors LLC increased its holdings in shares of LiveRamp by 2.2% during the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock valued at $778,000 after acquiring an additional 560 shares during the last quarter. Finally, Clarius Group LLC raised its stake in shares of LiveRamp by 1.9% in the 4th quarter. Clarius Group LLC now owns 95,086 shares of the company’s stock valued at $2,888,000 after acquiring an additional 1,758 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on RAMP. Evercore ISI reiterated an “underperform” rating on shares of LiveRamp in a report on Wednesday, April 16th. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 22nd. Morgan Stanley reiterated an “equal weight” rating on shares of LiveRamp in a report on Wednesday, April 16th. Finally, Benchmark restated a “buy” rating and set a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $38.17.

Insider Activity

In other news, CTO Mohsin Hussain sold 3,554 shares of the company’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 value of $119,663.18. Following the sale, the chief technology officer now directly owns 57,594 shares in the company, valued at approximately $1,939,189.98. This represents a 5.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CRO Vihan Sharma sold 39,845 shares of the firm’s 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 transaction, the executive now owns 110,902 shares of the company’s stock, valued at $3,943,675.12. This trade represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by company insiders.

LiveRamp Price Performance

NYSE RAMP opened at $26.72 on Wednesday. The company’s fifty day moving average is $26.36 and its two-hundred day moving average is $29.09. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 2,672.20 and a beta of 1.02. LiveRamp Holdings, Inc. has a 52-week low of $21.45 and a 52-week high of $38.00.

LiveRamp (NYSE:RAMP) last issued its quarterly 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%. As a group, sell-side analysts expect that LiveRamp Holdings, Inc. will post 0.48 earnings per share 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.