Renaissance Technologies LLC Has $15.26 Million Stock Holdings in LiveRamp Holdings, Inc. (NYSE:RAMP)

Renaissance Technologies LLC reduced its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 22.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 502,578 shares of the company’s stock after selling 144,600 shares during the period. Renaissance Technologies LLC owned approximately 0.76% of LiveRamp worth $15,263,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of RAMP. Carolina Wealth Advisors LLC raised its position in LiveRamp by 2.2% in the 4th quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock valued at $778,000 after buying an additional 560 shares during the last quarter. Summit Trail Advisors LLC grew its stake in shares of LiveRamp by 0.5% during the 4th quarter. Summit Trail Advisors LLC now owns 115,924 shares of the company’s stock worth $3,521,000 after acquiring an additional 625 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of LiveRamp by 101.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock valued at $62,000 after purchasing an additional 1,027 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of LiveRamp by 232.2% in the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock worth $52,000 after purchasing an additional 1,189 shares in the last quarter. Finally, First Horizon Advisors Inc. acquired a new stake in LiveRamp in the 4th quarter valued at $38,000. Institutional investors own 93.83% of the company’s stock.

Insider Transactions at LiveRamp

In related news, CTO Mohsin Hussain sold 3,554 shares of the business’s stock in a transaction 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 completion of the sale, the chief technology officer now directly owns 57,594 shares in the company, valued at $1,939,189.98. The trade was a 5.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CRO Vihan Sharma sold 39,845 shares of the stock in a transaction 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 in the company, valued at $3,943,675.12. The trade was a 26.43 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Evercore ISI lifted their target price on LiveRamp from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. StockNews.com lowered LiveRamp from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Benchmark reiterated a “buy” rating and set a $45.00 price objective on shares of LiveRamp in a research note on Wednesday, February 26th. Finally, Morgan Stanley raised their target price on shares of LiveRamp from $35.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, February 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, LiveRamp currently has an average rating of “Moderate Buy” and a consensus price target of $39.83.

LiveRamp Trading Up 1.2 %

RAMP opened at $25.27 on Tuesday. The stock’s fifty day simple moving average is $28.58 and its 200 day simple moving average is $28.95. LiveRamp Holdings, Inc. has a 1-year low of $21.45 and a 1-year high of $38.00. The stock has a market cap of $1.66 billion, a PE ratio of 2,527.00 and a beta of 1.05.

LiveRamp (NYSE:RAMP) last posted its earnings results 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 analysts forecast that LiveRamp Holdings, Inc. will post 0.48 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.