XTX Topco Ltd purchased a new stake in LiveRamp Holdings, Inc. (NYSE:RAMP – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund purchased 38,092 shares of the company’s stock, valued at approximately $1,259,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. raised its holdings in LiveRamp by 3.2% during the first quarter. Vanguard Group Inc. now owns 9,131,290 shares of the company’s stock worth $238,692,000 after buying an additional 283,747 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of LiveRamp by 0.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,004,497 shares of the company’s stock worth $26,258,000 after acquiring an additional 8,537 shares in the last quarter. Boston Partners raised its holdings in shares of LiveRamp by 1.9% in the 2nd quarter. Boston Partners now owns 810,529 shares of the company’s stock worth $26,620,000 after acquiring an additional 15,022 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in LiveRamp by 26.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 658,895 shares of the company’s stock valued at $21,770,000 after purchasing an additional 139,020 shares during the last quarter. Finally, Invenomic Capital Management LP increased its holdings in LiveRamp by 49.8% during the 1st quarter. Invenomic Capital Management LP now owns 570,710 shares of the company’s stock worth $14,918,000 after purchasing an additional 189,690 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the company. Morgan Stanley lifted their target price on LiveRamp from $30.00 to $33.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Cross Research set a $53.00 target price on shares of LiveRamp in a report on Tuesday, November 4th. Zacks Research upgraded shares of LiveRamp from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 20th. Benchmark reiterated a “buy” rating on shares of LiveRamp in a research note on Tuesday, November 4th. Finally, Wall Street Zen upgraded LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $43.50.
LiveRamp Stock Down 0.2%
Shares of RAMP stock opened at $28.85 on Friday. The company has a 50 day moving average of $28.22 and a 200-day moving average of $29.67. LiveRamp Holdings, Inc. has a 12-month low of $22.82 and a 12-month high of $36.08. The firm has a market cap of $1.84 billion, a P/E ratio of 131.14 and a beta of 1.01.
LiveRamp (NYSE:RAMP – Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.07. The business had revenue of $199.83 million during the quarter, compared to the consensus estimate of $197.31 million. LiveRamp had a return on equity of 2.21% and a net margin of 1.89%.The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the business posted $0.51 earnings per share. LiveRamp has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, equities analysts expect that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.
Insider Transactions at LiveRamp
In other LiveRamp news, CTO Mohsin Hussain sold 12,734 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were 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 $1,771,647.46. This represents a 16.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.31% of the company’s stock.
LiveRamp 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.
Featured Stories
- Five stocks we like better than LiveRamp
- The Most Important Warren Buffett Stock for Investors: His Own
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- What is a Death Cross in Stocks?
- SoFi Technologies: From Fintech Speculation to Profit Engine
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Gold to $5,000? What Bank of America and UBS Have to Say
Want to see what other hedge funds are holding RAMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LiveRamp Holdings, Inc. (NYSE:RAMP – Free Report).
Receive News & Ratings for LiveRamp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiveRamp and related companies with MarketBeat.com's FREE daily email newsletter.
