14,266 Shares in LiveRamp Holdings, Inc. $RAMP Acquired by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd bought a new stake in LiveRamp Holdings, Inc. (NYSE:RAMP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,266 shares of the company’s stock, valued at approximately $537,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in LiveRamp by 246.4% during the 1st quarter. Royal Bank of Canada now owns 19,726 shares of the company’s stock worth $515,000 after acquiring an additional 14,031 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of LiveRamp in the 1st quarter valued at $212,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of LiveRamp by 1.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,234 shares of the company’s stock worth $999,000 after purchasing an additional 677 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of LiveRamp by 6.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 377,443 shares of the company’s stock worth $9,866,000 after purchasing an additional 24,330 shares during the last quarter. Finally, Caxton Associates LLP acquired a new position in shares of LiveRamp during the first quarter worth $309,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Craig Hallum cut LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price objective for the company. in a research report on Tuesday, May 19th. Morgan Stanley set a $38.50 target price on shares of LiveRamp in a research report on Friday, May 22nd. Weiss Ratings upgraded shares of LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Finally, DA Davidson reissued a “neutral” rating on shares of LiveRamp in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $40.21.

LiveRamp Trading Down 0.4%

Shares of NYSE RAMP opened at $37.71 on Tuesday. The stock has a market cap of $2.29 billion, a P/E ratio of 15.45 and a beta of 1.29. LiveRamp Holdings, Inc. has a twelve month low of $21.71 and a twelve month high of $38.23. The stock has a 50 day moving average of $37.73 and a two-hundred day moving average of $31.98.

LiveRamp (NYSE:RAMP) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $213.99 million during the quarter, compared to the consensus estimate of $211.45 million. LiveRamp had a net margin of 18.71% and a return on equity of 9.77%. LiveRamp’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. As a group, research analysts predict that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current year.

LiveRamp 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.