WINTON GROUP Ltd Has $3.71 Million Stock Holdings in LiveRamp Holdings, Inc. $RAMP

WINTON GROUP Ltd trimmed its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP) by 32.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,672 shares of the company’s stock after selling 46,767 shares during the period. WINTON GROUP Ltd’s holdings in LiveRamp were worth $3,714,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of RAMP. Nuance Investments LLC bought a new stake in LiveRamp in the second quarter worth $3,033,000. OMERS ADMINISTRATION Corp bought a new position in LiveRamp during the second quarter valued at about $20,209,000. Legal & General Group Plc bought a new position in LiveRamp during the second quarter valued at about $5,544,000. Moore Capital Management LP bought a new position in LiveRamp during the second quarter valued at about $1,506,000. Finally, Polar Asset Management Partners Inc. acquired a new stake in shares of LiveRamp in the second quarter worth about $3,764,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Analyst Ratings Changes

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

LiveRamp Stock Performance

LiveRamp stock opened at $37.74 on Friday. LiveRamp Holdings, Inc. has a 52 week low of $21.71 and a 52 week high of $38.23. The firm has a market capitalization of $2.29 billion, a PE ratio of 15.47 and a beta of 1.25. The business’s 50-day simple moving average is $37.77 and its 200-day simple moving average is $33.72.

LiveRamp (NYSE:RAMP) last announced its earnings results on Wednesday, August 5th. The company reported $0.65 earnings per share 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 return on equity of 9.77% and a net margin of 18.71%.The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 EPS. Research analysts forecast that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current year.

LiveRamp Company 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.