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 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.
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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