Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP – Free Report) by 26.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 658,895 shares of the company’s stock after purchasing an additional 139,020 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in LiveRamp were worth $21,770,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC raised its holdings in LiveRamp by 2.2% in the second quarter. Exchange Traded Concepts LLC now owns 29,466 shares of the company’s stock worth $974,000 after purchasing an additional 622 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of LiveRamp by 1.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,234 shares of the company’s stock worth $999,000 after acquiring an additional 677 shares in the last quarter. Empowered Funds LLC raised its stake in shares of LiveRamp by 12.9% during the 1st quarter. Empowered Funds LLC now owns 8,164 shares of the company’s stock worth $213,000 after acquiring an additional 936 shares in the last quarter. Strs Ohio purchased a new stake in LiveRamp during the first quarter valued at approximately $31,000. Finally, Angeles Wealth Management LLC boosted its stake in LiveRamp by 10.2% in the second quarter. Angeles Wealth Management LLC now owns 13,113 shares of the company’s stock valued at $433,000 after acquiring an additional 1,211 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently commented on RAMP shares. Zacks Research upgraded LiveRamp from a “strong sell” rating to a “hold” rating in a report on Friday, October 10th. Cross Research set a $53.00 target price on LiveRamp in a research report on Tuesday, November 4th. Wells Fargo & Company raised their price target on LiveRamp from $31.00 to $34.00 and gave the stock an “equal weight” rating in a report on Friday. Morgan Stanley cut their price objective on shares of LiveRamp from $34.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of LiveRamp in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $43.00.
LiveRamp Trading Up 2.0%
RAMP opened at $30.50 on Tuesday. LiveRamp Holdings, Inc. has a 12-month low of $22.82 and a 12-month high of $36.08. The firm has a 50 day moving average of $27.65 and a two-hundred day moving average of $29.50. The firm has a market capitalization of $1.94 billion, a PE ratio of 138.62 and a beta of 1.01.
LiveRamp (NYSE:RAMP – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.48 by $0.07. LiveRamp had a net margin of 1.89% and a return on equity of 2.21%. The business had revenue of $199.83 million for the quarter, compared to the consensus estimate of $197.31 million. During the same period in the prior year, the firm earned $0.51 EPS. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. LiveRamp has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, analysts predict that LiveRamp Holdings, Inc. will post 0.48 EPS for the current fiscal year.
Insider Buying and Selling
In other LiveRamp news, CTO Mohsin Hussain sold 12,734 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $27.94, for a total transaction of $355,787.96. Following the sale, the chief technology officer directly owned 63,409 shares of the company’s stock, valued at approximately $1,771,647.46. This trade represents a 16.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.31% of the company’s stock.
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.
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