Schonfeld Strategic Advisors LLC Has $607,000 Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Schonfeld Strategic Advisors LLC raised its stake in LiveRamp Holdings, Inc. (NYSE:RAMP) by 38.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,000 shares of the company’s stock after buying an additional 5,551 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in LiveRamp were worth $607,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. purchased a new stake in shares of LiveRamp during the fourth quarter worth $38,000. Quarry LP raised its stake in shares of LiveRamp by 344.4% during the 4th quarter. Quarry LP now owns 1,462 shares of the company’s stock worth $44,000 after purchasing an additional 1,133 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of LiveRamp by 477.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,611 shares of the company’s stock valued at $49,000 after buying an additional 1,332 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of LiveRamp by 232.2% in the 4th quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after buying an additional 1,189 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in LiveRamp by 101.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,039 shares of the company’s stock worth $62,000 after buying an additional 1,027 shares during the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Morgan Stanley reissued an “equal weight” rating on shares of LiveRamp in a research report on Wednesday, April 16th. Benchmark reissued a “buy” rating and set a $45.00 target price on shares of LiveRamp in a research report on Wednesday, February 26th. Evercore ISI reaffirmed an “underperform” rating on shares of LiveRamp in a research report on Wednesday, April 16th. Finally, StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, LiveRamp currently has a consensus rating of “Moderate Buy” and an average target price of $38.17.

LiveRamp Stock Up 0.6 %

Shares of NYSE:RAMP opened at $28.14 on Friday. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 2,814.00 and a beta of 1.02. The business has a 50 day moving average price of $26.25 and a 200 day moving average price of $29.13. LiveRamp Holdings, Inc. has a twelve month low of $21.45 and a twelve month high of $38.00.

LiveRamp (NYSE:RAMP) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.22). LiveRamp had a return on equity of 0.97% and a net margin of 0.01%. Analysts anticipate that LiveRamp Holdings, Inc. will post 0.48 EPS for the current year.

Insiders Place Their Bets

In other news, CRO Vihan Sharma sold 39,845 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $35.56, for a total transaction of $1,416,888.20. Following the sale, the executive now directly owns 110,902 shares in the company, valued at approximately $3,943,675.12. The trade was a 26.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Mohsin Hussain sold 3,554 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $33.67, for a total value of $119,663.18. Following the completion of the transaction, the chief technology officer now directly owns 57,594 shares of the company’s stock, valued at approximately $1,939,189.98. This trade represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.39% of the company’s stock.

LiveRamp Company 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.