LiveRamp Holdings, Inc. (NYSE:RAMP) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 7.9% in the third quarter, Holdings Channel reports. The firm owned 10,019 shares of the company’s stock after selling 860 shares during the period. Mutual of America Capital Management LLC’s holdings in LiveRamp were worth $248,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. DT Investment Partners LLC purchased a new stake in shares of LiveRamp during the second quarter valued at approximately $27,000. Quarry LP raised its holdings in shares of LiveRamp by 4,575.0% during the second quarter. Quarry LP now owns 935 shares of the company’s stock worth $29,000 after purchasing an additional 915 shares during the period. Blue Trust Inc. boosted its holdings in shares of LiveRamp by 187.1% in the 2nd quarter. Blue Trust Inc. now owns 1,065 shares of the company’s stock valued at $33,000 after buying an additional 694 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in LiveRamp during the first quarter worth about $87,000. Finally, Quest Partners LLC raised its position in shares of LiveRamp by 68.8% during the 2nd quarter. Quest Partners LLC now owns 2,998 shares of the company’s stock worth $93,000 after purchasing an additional 1,222 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

Insider Activity

In other LiveRamp news, insider Kimberly Bloomston sold 4,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $25.17, for a total transaction of $100,680.00. Following the completion of the sale, the insider now directly owns 117,247 shares of the company’s stock, valued at approximately $2,951,106.99. The trade was a 3.30 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Debora B. Tomlin sold 9,765 shares of the stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $25.07, for a total value of $244,808.55. Following the completion of the transaction, the director now directly owns 24,509 shares in the company, valued at approximately $614,440.63. This trade represents a 28.49 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is owned by company insiders.

LiveRamp Stock Down 0.3 %

Shares of LiveRamp stock opened at $30.44 on Friday. LiveRamp Holdings, Inc. has a 12-month low of $21.45 and a 12-month high of $42.66. The stock has a market capitalization of $1.99 billion, a P/E ratio of 608.80 and a beta of 0.96. The stock has a 50 day moving average price of $26.11 and a two-hundred day moving average price of $27.96.

LiveRamp (NYSE:RAMP) last announced its earnings results on Wednesday, November 6th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.37 by $0.14. LiveRamp had a net margin of 0.40% and a return on equity of 1.25%. The firm had revenue of $185.00 million for the quarter, compared to the consensus estimate of $176.16 million. During the same quarter last year, the firm posted $0.21 EPS. The business’s quarterly revenue was up 15.6% on a year-over-year basis. Sell-side analysts anticipate that LiveRamp Holdings, Inc. will post 0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on RAMP shares. Macquarie reiterated an “outperform” rating and set a $43.00 price target on shares of LiveRamp in a research report on Thursday, November 7th. Wells Fargo & Company initiated coverage on LiveRamp in a research note on Monday, October 28th. They issued an “equal weight” rating and a $25.00 target price on the stock. Benchmark cut their price target on LiveRamp from $48.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Craig Hallum lowered their price target on LiveRamp from $55.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Finally, Evercore ISI cut their price objective on shares of LiveRamp from $50.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, LiveRamp currently has an average rating of “Moderate Buy” and an average target price of $41.14.

LiveRamp 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.