Schroder Investment Management Group Has $77.93 Million Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Schroder Investment Management Group lessened its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 23.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,553,345 shares of the company’s stock after selling 801,574 shares during the period. Schroder Investment Management Group owned 3.88% of LiveRamp worth $77,928,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in RAMP. American Capital Management Inc. grew its stake in shares of LiveRamp by 46.7% during the third quarter. American Capital Management Inc. now owns 2,877,814 shares of the company’s stock worth $71,312,000 after purchasing an additional 916,578 shares during the period. Tributary Capital Management LLC bought a new stake in shares of LiveRamp in the 4th quarter valued at about $15,251,000. Boston Partners increased its stake in shares of LiveRamp by 109.4% in the 4th quarter. Boston Partners now owns 690,057 shares of the company’s stock valued at $21,331,000 after acquiring an additional 360,440 shares during the last quarter. Invenomic Capital Management LP boosted its stake in LiveRamp by 257.7% during the 3rd quarter. Invenomic Capital Management LP now owns 337,574 shares of the company’s stock worth $8,365,000 after acquiring an additional 243,198 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in LiveRamp by 30.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 984,040 shares of the company’s stock worth $29,885,000 after acquiring an additional 230,478 shares during the last quarter. Institutional investors own 93.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Benchmark reiterated a “buy” rating and issued a $45.00 target price on shares of LiveRamp in a report on Wednesday, February 26th. StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 22nd. Morgan Stanley lifted their target price on LiveRamp from $35.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. Finally, Evercore ISI raised their price target on LiveRamp from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, LiveRamp has a consensus rating of “Moderate Buy” and a consensus target price of $39.83.

Insider Activity

In other news, CRO Vihan Sharma sold 39,845 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive now owns 110,902 shares in the company, valued at $3,943,675.12. This trade represents a 26.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Mohsin Hussain sold 3,554 shares of the company’s stock in a transaction dated 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 owns 57,594 shares in the company, valued at $1,939,189.98. The trade was a 5.81 % decrease in their position. The disclosure for this sale can be found here. 3.39% of the stock is owned by corporate insiders.

LiveRamp Trading Down 2.6 %

Shares of NYSE RAMP opened at $26.33 on Monday. The company has a fifty day moving average price of $30.81 and a 200 day moving average price of $29.01. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00. The firm has a market cap of $1.73 billion, a PE ratio of 2,632.90 and a beta of 0.96.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. Equities research analysts forecast that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

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.