Knights of Columbus Asset Advisors LLC Acquires 87,020 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Knights of Columbus Asset Advisors LLC raised its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 128.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 154,870 shares of the company’s stock after purchasing an additional 87,020 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in LiveRamp were worth $5,866,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in RAMP. Advisor Group Holdings Inc. grew its holdings in shares of LiveRamp by 14.3% in the first quarter. Advisor Group Holdings Inc. now owns 3,029 shares of the company’s stock worth $113,000 after acquiring an additional 378 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of LiveRamp by 10.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,084 shares of the company’s stock valued at $117,000 after purchasing an additional 399 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of LiveRamp by 52.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,694 shares of the company’s stock worth $48,000 after purchasing an additional 583 shares during the period. State Board of Administration of Florida Retirement System boosted its holdings in shares of LiveRamp by 3.7% in the third quarter. State Board of Administration of Florida Retirement System now owns 18,789 shares of the company’s stock worth $542,000 after buying an additional 670 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in LiveRamp by 16.9% during the third quarter. Public Employees Retirement System of Ohio now owns 4,695 shares of the company’s stock valued at $85,000 after buying an additional 678 shares during the period. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Insider Activity

In related news, Director Timothy R. Cadogan sold 1,500 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $37.00, for a total value of $55,500.00. Following the sale, the director now directly owns 51,016 shares in the company, valued at $1,887,592. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.93% of the company’s stock.

LiveRamp Stock Performance

RAMP stock opened at $32.08 on Friday. LiveRamp Holdings, Inc. has a 1-year low of $22.52 and a 1-year high of $42.66. The business has a 50 day simple moving average of $34.60 and a two-hundred day simple moving average of $34.46.

LiveRamp (NYSE:RAMP) last issued its earnings results on Thursday, February 8th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. The firm had revenue of $173.87 million during the quarter, compared to analyst estimates of $174.00 million. LiveRamp had a negative net margin of 2.22% and a positive return on equity of 1.57%. Equities analysts predict that LiveRamp Holdings, Inc. will post 0.64 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Craig Hallum lifted their price objective on LiveRamp from $42.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. Benchmark reaffirmed a “buy” rating and set a $51.00 price target on shares of LiveRamp in a report on Monday, March 4th. Susquehanna increased their price objective on shares of LiveRamp from $45.00 to $50.00 and gave the stock a “positive” rating in a research note on Friday, February 9th. Finally, StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $47.75.

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.