Parkside Financial Bank & Trust Acquires 523 Shares of LiveRamp Holdings, Inc. (NYSE:RAMP)

Parkside Financial Bank & Trust boosted its holdings in LiveRamp Holdings, Inc. (NYSE:RAMP) by 198.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 786 shares of the company’s stock after purchasing an additional 523 shares during the quarter. Parkside Financial Bank & Trust’s holdings in LiveRamp were worth $30,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its position in shares of LiveRamp by 62.9% during the 4th quarter. Pacer Advisors Inc. now owns 1,908 shares of the company’s stock worth $72,000 after buying an additional 737 shares in the last quarter. NJ State Employees Deferred Compensation Plan bought a new position in shares of LiveRamp during the 3rd quarter worth approximately $202,000. Jump Financial LLC bought a new position in shares of LiveRamp during the 3rd quarter worth approximately $243,000. Cornerstone Investment Partners LLC bought a new position in shares of LiveRamp during the 4th quarter worth approximately $254,000. Finally, Victory Capital Management Inc. lifted its position in shares of LiveRamp by 12.4% during the 3rd quarter. Victory Capital Management Inc. now owns 12,086 shares of the company’s stock worth $349,000 after buying an additional 1,329 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.

LiveRamp Price Performance

Shares of NYSE:RAMP opened at $32.64 on Friday. LiveRamp Holdings, Inc. has a one year low of $23.10 and a one year high of $42.66. The company has a market cap of $2.14 billion, a price-to-earnings ratio of -148.36 and a beta of 1.00. The firm has a fifty day moving average price of $34.16 and a two-hundred day moving average price of $34.61.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. LiveRamp had a negative net margin of 2.22% and a positive return on equity of 1.57%. The company had revenue of $173.87 million during the quarter, compared to the consensus estimate of $174.00 million. Equities research analysts expect that LiveRamp Holdings, Inc. will post 0.64 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on RAMP shares. Susquehanna lifted their target price on shares of LiveRamp from $45.00 to $50.00 and gave the stock a “positive” rating in a research report on Friday, February 9th. StockNews.com upgraded shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th. Craig Hallum raised their price target on shares of LiveRamp from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Finally, Benchmark restated a “buy” rating and set a $51.00 price target on shares of LiveRamp in a research note on Monday, March 4th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $47.75.

Insider Transactions at LiveRamp

In other news, Director Timothy R. Cadogan sold 1,500 shares of LiveRamp stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $37.00, for a total transaction of $55,500.00. Following the completion of the sale, the director now directly owns 51,016 shares of the company’s stock, valued at approximately $1,887,592. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.93% of the stock is currently owned by insiders.

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.