30,539 Shares in LiveRamp Holdings, Inc. $RAMP Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 30,539 shares of the company’s stock, valued at approximately $1,149,000. The Manufacturers Life Insurance Company owned approximately 0.05% of LiveRamp as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of RAMP. Azzad Asset Management Inc. ADV lifted its stake in shares of LiveRamp by 1.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 32,887 shares of the company’s stock worth $872,000 after buying an additional 353 shares in the last quarter. Lido Advisors LLC increased its position in shares of LiveRamp by 4.8% during the fourth quarter. Lido Advisors LLC now owns 9,418 shares of the company’s stock valued at $261,000 after acquiring an additional 429 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of LiveRamp by 6.1% during the first quarter. NewEdge Advisors LLC now owns 8,026 shares of the company’s stock valued at $213,000 after acquiring an additional 465 shares in the last quarter. Engineers Gate Manager LP raised its holdings in LiveRamp by 0.5% in the 2nd quarter. Engineers Gate Manager LP now owns 113,424 shares of the company’s stock worth $3,748,000 after acquiring an additional 561 shares during the last quarter. Finally, US Bancorp DE raised its holdings in LiveRamp by 8.8% in the 3rd quarter. US Bancorp DE now owns 6,944 shares of the company’s stock worth $188,000 after acquiring an additional 564 shares during the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

LiveRamp Stock Performance

NYSE RAMP opened at $37.76 on Friday. The stock’s 50 day moving average is $37.76 and its 200 day moving average is $33.30. LiveRamp Holdings, Inc. has a 12 month low of $21.71 and a 12 month high of $38.23. The stock has a market cap of $2.30 billion, a PE ratio of 15.48 and a beta of 1.25.

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