Rothschild & Co. Asset Management US Inc. bought a new position in shares of LiveRamp Holdings (NASDAQ:RAMP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 977,001 shares of the company’s stock, valued at approximately $37,742,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Manning & Napier Group LLC acquired a new stake in LiveRamp in the fourth quarter worth $106,568,000. Capital International Investors acquired a new position in shares of LiveRamp during the third quarter valued at about $119,231,000. Louisiana State Employees Retirement System acquired a new position in shares of LiveRamp during the fourth quarter valued at about $699,000. CWM LLC acquired a new position in shares of LiveRamp during the fourth quarter valued at about $2,428,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of LiveRamp during the fourth quarter valued at about $723,000.
Shares of NASDAQ RAMP opened at $48.59 on Tuesday. LiveRamp Holdings has a 1 year low of $18.60 and a 1 year high of $51.51.
LiveRamp (NASDAQ:RAMP) last issued its quarterly earnings data on Monday, February 11th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.41. The business had revenue of $80.02 million for the quarter, compared to analyst estimates of $76.86 million.
In related news, insider Jerry C. Jones sold 21,657 shares of the firm’s stock in a transaction dated Wednesday, December 19th. The shares were sold at an average price of $43.56, for a total transaction of $943,378.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William J. Henderson sold 7,110 shares of the firm’s stock in a transaction dated Thursday, November 29th. The shares were sold at an average price of $46.86, for a total transaction of $333,174.60. The disclosure for this sale can be found here.
A number of brokerages have recently issued reports on RAMP. Wells Fargo & Co began coverage on shares of LiveRamp in a report on Friday, December 21st. They set an “outperform” rating and a $60.00 price objective for the company. Macquarie began coverage on shares of LiveRamp in a report on Thursday, November 15th. They set an “outperform” rating and a $60.00 price objective for the company. Zacks Investment Research cut shares of LiveRamp from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 26th. Finally, TheStreet cut shares of LiveRamp from a “b-” rating to a “c+” rating in a report on Wednesday, October 17th.
LiveRamp Company Profile
LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.
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