Insider Selling: LiveRamp Holdings (NYSE:RAMP) Insider Sells 14,737 Shares of Stock

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LiveRamp Holdings (NYSE:RAMP) insider James F. Arra sold 14,737 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $49.43, for a total value of $728,449.91. Following the completion of the sale, the insider now directly owns 160,271 shares of the company’s stock, valued at $7,922,195.53. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of NYSE:RAMP traded down $1.21 during trading on Friday, hitting $48.50. The company had a trading volume of 551,410 shares, compared to its average volume of 643,164. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of -35.40 and a beta of 1.49. LiveRamp Holdings has a one year low of $36.53 and a one year high of $63.23. The company has a fifty day simple moving average of $46.01 and a two-hundred day simple moving average of $46.52.

LiveRamp (NYSE:RAMP) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.59) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.67) by $0.08. The business had revenue of $90.14 million during the quarter, compared to analyst estimates of $87.08 million. LiveRamp had a negative return on equity of 10.49% and a net margin of 280.55%. As a group, research analysts anticipate that LiveRamp Holdings will post -2.24 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Nomura Holdings Inc. lifted its stake in shares of LiveRamp by 266.7% in the 3rd quarter. Nomura Holdings Inc. now owns 16,500 shares of the company’s stock valued at $692,000 after purchasing an additional 12,000 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of LiveRamp during the 3rd quarter worth approximately $1,185,000. Ancora Advisors LLC lifted its stake in shares of LiveRamp by 1.6% during the 3rd quarter. Ancora Advisors LLC now owns 132,575 shares of the company’s stock worth $5,695,000 after acquiring an additional 2,125 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of LiveRamp by 83.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,983 shares of the company’s stock worth $171,000 after acquiring an additional 1,809 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of LiveRamp by 183.0% during the 3rd quarter. SG Americas Securities LLC now owns 54,178 shares of the company’s stock worth $2,327,000 after acquiring an additional 35,032 shares during the last quarter. 99.98% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on the company. First Analysis raised LiveRamp from an “outperform” rating to a “strong-buy” rating in a research note on Friday, September 20th. ValuEngine lowered LiveRamp from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Finally, Morgan Stanley lowered their price objective on LiveRamp from $64.00 to $58.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. LiveRamp has an average rating of “Buy” and an average target price of $61.50.

About LiveRamp

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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Insider Buying and Selling by Quarter for LiveRamp (NYSE:RAMP)

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