Jefferies Financial Group Inc. Takes Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Jefferies Financial Group Inc. acquired a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) in the fourth quarter, HoldingsChannel reports. The firm acquired 8,000 shares of the company’s stock, valued at approximately $243,000.

Other institutional investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. purchased a new position in shares of LiveRamp during the fourth quarter valued at about $38,000. Quarry LP grew its position in shares of LiveRamp by 344.4% during the fourth quarter. Quarry LP now owns 1,462 shares of the company’s stock valued at $44,000 after purchasing an additional 1,133 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of LiveRamp by 477.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after purchasing an additional 1,332 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of LiveRamp by 101.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock valued at $62,000 after purchasing an additional 1,027 shares in the last quarter. Finally, KBC Group NV grew its position in shares of LiveRamp by 57.0% during the fourth quarter. KBC Group NV now owns 3,457 shares of the company’s stock valued at $105,000 after purchasing an additional 1,255 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

LiveRamp Price Performance

Shares of NYSE RAMP opened at $29.33 on Friday. The company has a market cap of $1.93 billion, a P/E ratio of 2,933.00 and a beta of 1.02. LiveRamp Holdings, Inc. has a 1 year low of $21.45 and a 1 year high of $38.00. The firm has a 50-day simple moving average of $26.47 and a two-hundred day simple moving average of $29.33.

Wall Street Analysts Forecast Growth

RAMP has been the subject of a number of analyst reports. Morgan Stanley reaffirmed an “equal weight” rating on shares of LiveRamp in a report on Wednesday, April 16th. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 22nd. Evercore ISI reaffirmed an “underperform” rating on shares of LiveRamp in a report on Wednesday, April 16th. Finally, Benchmark reaffirmed a “buy” rating and issued a $45.00 price target on shares of LiveRamp in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $38.17.

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.