LiveRamp Holdings, Inc. $RAMP Shares Sold by American Capital Management Inc.

American Capital Management Inc. lessened its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 0.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,863,589 shares of the company’s stock after selling 14,167 shares during the period. LiveRamp accounts for approximately 2.7% of American Capital Management Inc.’s investment portfolio, making the stock its 14th biggest position. American Capital Management Inc. owned about 2.95% of LiveRamp worth $49,422,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of RAMP. Headlands Technologies LLC acquired a new position in shares of LiveRamp during the 2nd quarter worth approximately $31,000. Sound Income Strategies LLC lifted its position in LiveRamp by 769.1% during the first quarter. Sound Income Strategies LLC now owns 1,069 shares of the company’s stock worth $28,000 after buying an additional 946 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in LiveRamp by 197.0% during the fourth quarter. Hantz Financial Services Inc. now owns 1,096 shares of the company’s stock worth $32,000 after buying an additional 727 shares during the last quarter. Strs Ohio purchased a new stake in LiveRamp in the 1st quarter valued at $31,000. Finally, EverSource Wealth Advisors LLC grew its holdings in LiveRamp by 63.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,507 shares of the company’s stock valued at $44,000 after buying an additional 583 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

LiveRamp Stock Up 0.3%

RAMP stock opened at $37.80 on Tuesday. LiveRamp Holdings, Inc. has a 52-week low of $21.71 and a 52-week high of $38.23. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 16.58 and a beta of 1.27. The business has a fifty day moving average of $37.67 and a two-hundred day moving average of $30.75.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings results on Monday, May 18th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. The business had revenue of $206.09 million for the quarter, compared to analyst estimates of $205.49 million. LiveRamp had a return on equity of 8.28% and a net margin of 17.95%.The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.30 EPS. As a group, sell-side analysts anticipate that LiveRamp Holdings, Inc. will post 2.07 EPS for the current year.

Wall Street Analyst Weigh In

RAMP has been the topic of several analyst reports. Weiss Ratings lowered LiveRamp from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Morgan Stanley set a $38.50 price objective on shares of LiveRamp in a research report on Friday, May 22nd. Craig Hallum downgraded shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 target price on the stock. in a research note on Tuesday, May 19th. Finally, DA Davidson lowered shares of LiveRamp from a “buy” rating to a “neutral” rating and boosted their target price for the company from $35.00 to $38.50 in a report on Monday, May 18th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, LiveRamp has a consensus rating of “Hold” and an average target price of $40.21.

LiveRamp Company Profile

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.