UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 14,617 Shares of LiveRamp Holdings, Inc. $RAMP

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 11.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,520 shares of the company’s stock after selling 14,617 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.19% of LiveRamp worth $4,273,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RAMP. Sound Income Strategies LLC boosted its position in LiveRamp by 769.1% during the 1st quarter. Sound Income Strategies LLC now owns 1,069 shares of the company’s stock valued at $28,000 after acquiring an additional 946 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of LiveRamp in the 2nd quarter worth $31,000. Strs Ohio purchased a new stake in shares of LiveRamp during the 1st quarter worth $31,000. Hantz Financial Services Inc. lifted its stake in shares of LiveRamp by 197.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,096 shares of the company’s stock worth $32,000 after purchasing an additional 727 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in LiveRamp by 63.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,507 shares of the company’s stock valued at $44,000 after purchasing an additional 583 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Weiss Ratings upgraded LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Morgan Stanley set a $38.50 price target on shares of LiveRamp in a research report on Friday, May 22nd. Craig Hallum cut shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price target on the stock. in a report on Tuesday, May 19th. Finally, DA Davidson reaffirmed a “neutral” rating on shares of LiveRamp in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $40.21.

LiveRamp Price Performance

LiveRamp stock opened at $37.74 on Thursday. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 15.47 and a beta of 1.25. LiveRamp Holdings, Inc. has a 1-year low of $21.71 and a 1-year high of $38.23. The business has a fifty day moving average price of $37.77 and a 200-day moving average price of $33.63.

LiveRamp (NYSE:RAMP) last announced its earnings results on Wednesday, August 5th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. LiveRamp had a return on equity of 9.77% and a net margin of 18.71%.The company had revenue of $213.99 million for the quarter, compared to analyst estimates of $211.45 million. During the same period in the prior year, the company posted $0.44 EPS. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, equities research analysts anticipate that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

LiveRamp 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.