Janus Henderson Group PLC Grows Position in LiveRamp Holdings, Inc. (NYSE:RAMP)

Janus Henderson Group PLC grew its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,798,198 shares of the company’s stock after purchasing an additional 168,418 shares during the quarter. Janus Henderson Group PLC owned approximately 2.73% of LiveRamp worth $54,600,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RAMP. Barclays PLC boosted its stake in shares of LiveRamp by 56.3% during the third quarter. Barclays PLC now owns 438,121 shares of the company’s stock valued at $10,857,000 after purchasing an additional 157,775 shares during the period. GAMMA Investing LLC boosted its stake in shares of LiveRamp by 232.2% during the fourth quarter. GAMMA Investing LLC now owns 1,701 shares of the company’s stock valued at $52,000 after purchasing an additional 1,189 shares during the period. Carolina Wealth Advisors LLC boosted its stake in shares of LiveRamp by 2.2% during the fourth quarter. Carolina Wealth Advisors LLC now owns 25,608 shares of the company’s stock valued at $778,000 after purchasing an additional 560 shares during the period. Clarius Group LLC boosted its stake in shares of LiveRamp by 1.9% during the fourth quarter. Clarius Group LLC now owns 95,086 shares of the company’s stock valued at $2,888,000 after purchasing an additional 1,758 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of LiveRamp by 30.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 41,205 shares of the company’s stock valued at $1,251,000 after purchasing an additional 9,737 shares during the period. Hedge funds and other institutional investors own 93.83% of the company’s stock.

LiveRamp Stock Up 1.5%

Shares of RAMP stock opened at $29.70 on Wednesday. The stock has a fifty day moving average of $26.26 and a 200 day moving average of $29.24. LiveRamp Holdings, Inc. has a 52 week low of $21.45 and a 52 week high of $38.00. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 2,970.00 and a beta of 1.02.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other LiveRamp news, CTO Mohsin Hussain sold 3,554 shares of the 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 owns 57,594 shares in the company, valued at approximately $1,939,189.98. This represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.39% of the stock is owned by corporate insiders.

About LiveRamp

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.