Capital Fund Management S.A. Has $569,000 Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Capital Fund Management S.A. trimmed its position in LiveRamp Holdings, Inc. (NYSE:RAMP) by 48.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,736 shares of the company’s stock after selling 17,419 shares during the period. Capital Fund Management S.A.’s holdings in LiveRamp were worth $569,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in LiveRamp in the fourth quarter valued at approximately $206,000. Polymer Capital Management US LLC bought a new position in shares of LiveRamp during the fourth quarter worth $208,000. Russell Investments Group Ltd. grew its holdings in shares of LiveRamp by 97.0% in the 4th quarter. Russell Investments Group Ltd. now owns 3,986 shares of the company’s stock valued at $121,000 after buying an additional 1,963 shares during the period. Envestnet Asset Management Inc. bought a new stake in shares of LiveRamp in the 4th quarter valued at $2,259,000. Finally, Wells Fargo & Company MN raised its stake in LiveRamp by 84.9% during the 4th quarter. Wells Fargo & Company MN now owns 113,736 shares of the company’s stock worth $3,454,000 after buying an additional 52,226 shares during the period. Institutional investors own 93.83% of the company’s stock.

LiveRamp Stock Down 1.5 %

Shares of RAMP stock opened at $24.89 on Thursday. LiveRamp Holdings, Inc. has a 12 month low of $21.45 and a 12 month high of $38.00. The company’s fifty day simple moving average is $28.17 and its 200-day simple moving average is $28.89. The firm has a market cap of $1.64 billion, a PE ratio of 2,489.00 and a beta of 1.05.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. On average, equities analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

Insider Buying and Selling at LiveRamp

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $33.67, for a total value of $119,663.18. Following the completion of the sale, the chief technology officer now owns 57,594 shares in the company, valued at $1,939,189.98. This trade represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CRO Vihan Sharma sold 39,845 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the transaction, the executive now owns 110,902 shares in the company, valued at $3,943,675.12. This represents a 26.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on RAMP shares. Evercore ISI reissued an “underperform” rating on shares of LiveRamp in a research note on Wednesday. Morgan Stanley reiterated an “equal weight” rating on shares of LiveRamp in a research report on Wednesday. StockNews.com downgraded shares of LiveRamp from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 12th. Finally, Benchmark reiterated a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, LiveRamp currently has an average rating of “Hold” and an average price target of $38.17.

About LiveRamp

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.