Maven Securities LTD Invests $521,000 in LiveRamp Holdings, Inc. $RAMP

Maven Securities LTD acquired a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 13,839 shares of the company’s stock, valued at approximately $521,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada grew its holdings in LiveRamp by 246.4% during the first quarter. Royal Bank of Canada now owns 19,726 shares of the company’s stock valued at $515,000 after purchasing an additional 14,031 shares during the period. Jacobs Levy Equity Management Inc. bought a new position in shares of LiveRamp in the first quarter worth about $212,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of LiveRamp by 1.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,234 shares of the company’s stock worth $999,000 after buying an additional 677 shares during the period. 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 valued at $9,866,000 after buying an additional 24,330 shares in the last quarter. Finally, Caxton Associates LLP purchased a new position in shares of LiveRamp during the 1st quarter valued at about $309,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

LiveRamp Stock Up 0.0%

LiveRamp stock opened at $37.76 on Wednesday. LiveRamp Holdings, Inc. has a 52-week low of $21.71 and a 52-week high of $38.23. The firm’s fifty day moving average is $37.77 and its 200 day moving average is $33.55. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 15.47 and a beta of 1.25.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $213.99 million during the quarter, compared to analysts’ expectations of $211.45 million. LiveRamp had a net margin of 18.71% and a return on equity of 9.77%. The business’s revenue was up 9.9% on a year-over-year basis. During the same period last year, the company posted $0.44 EPS. On average, equities research analysts anticipate that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on RAMP shares. Weiss Ratings upgraded shares of LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Morgan Stanley set a $38.50 price target on LiveRamp in a report on Friday, May 22nd. DA Davidson reissued a “neutral” rating on shares of LiveRamp in a report on Tuesday, August 11th. Finally, 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 report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $40.21.

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.