LiveRamp Holdings (NASDAQ:RAMP) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the five analysts that provide coverage for the stock, Zacks Investment Research reports. Five analysts have rated the stock with a strong buy recommendation.
Analysts have set a one year consensus target price of $58.80 for the company and are predicting that the company will post ($0.18) EPS for the current quarter, according to Zacks. Zacks has also assigned LiveRamp an industry rank of 94 out of 256 based on the ratings given to its competitors.
A number of equities analysts recently issued reports on RAMP shares. Zacks Investment Research cut shares of LiveRamp from a “buy” rating to a “hold” rating in a research note on Saturday, February 16th. Evercore ISI started coverage on shares of LiveRamp in a research note on Thursday, February 28th. They issued an “outperform” rating and a $70.00 price target on the stock.
LiveRamp stock traded up $1.09 during mid-day trading on Wednesday, hitting $55.77. 18,811 shares of the company traded hands, compared to its average volume of 740,080. LiveRamp has a one year low of $25.49 and a one year high of $63.23.
LiveRamp (NASDAQ:RAMP) last announced its earnings results on Monday, February 11th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.38) by $0.41. The company had revenue of $80.02 million for the quarter, compared to the consensus estimate of $76.86 million.
In related news, insider Jerry C. Jones sold 14,740 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $59.20, for a total value of $872,608.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James F. Arra sold 106,888 shares of the company’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $52.54, for a total transaction of $5,615,895.52. The disclosure for this sale can be found here.
A number of institutional investors and hedge funds have recently bought and sold shares of RAMP. Delta Asset Management LLC TN bought a new position in LiveRamp during the 4th quarter valued at about $26,000. Oregon Public Employees Retirement Fund increased its stake in shares of LiveRamp by 3,763.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,174,159 shares of the company’s stock valued at $30,000 after buying an additional 1,143,764 shares during the period. Ffcm LLC purchased a new position in shares of LiveRamp during the fourth quarter valued at $33,000. Resources Investment Advisors Inc. purchased a new position in shares of LiveRamp during the fourth quarter valued at $34,000. Finally, Spectrum Management Group Inc. purchased a new position in shares of LiveRamp during the first quarter valued at $36,000.
LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.
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