First National Bank of Omaha Takes $628,000 Position in LiveRamp Holdings, Inc. $RAMP

First National Bank of Omaha bought a new position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) in the 2nd quarter, HoldingsChannel reports. The fund bought 16,685 shares of the company’s stock, valued at approximately $628,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Sound Income Strategies LLC boosted its stake in LiveRamp by 769.1% during the 1st quarter. Sound Income Strategies LLC now owns 1,069 shares of the company’s stock valued at $28,000 after purchasing an additional 946 shares during the last quarter. Headlands Technologies LLC bought a new position in LiveRamp during the 2nd quarter valued at $31,000. Strs Ohio purchased a new position in LiveRamp during the 1st quarter worth $31,000. Hantz Financial Services Inc. boosted its holdings in LiveRamp by 197.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,096 shares of the company’s stock worth $32,000 after acquiring an additional 727 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of LiveRamp by 63.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,507 shares of the company’s stock worth $44,000 after acquiring an additional 583 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on RAMP shares. DA Davidson reiterated a “neutral” rating on shares of LiveRamp in a report on Tuesday, August 11th. Morgan Stanley set a $38.50 price objective on shares of LiveRamp in a research report on Friday, May 22nd. Craig Hallum lowered shares of LiveRamp from a “buy” rating to a “hold” rating and set a $38.50 price objective for the company. in a research note on Tuesday, May 19th. Finally, Weiss Ratings raised shares of LiveRamp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $40.21.

LiveRamp Stock Performance

Shares of RAMP stock opened at $37.69 on Thursday. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 15.45 and a beta of 1.29. LiveRamp Holdings, Inc. has a 52 week low of $21.71 and a 52 week high of $38.23. The firm’s 50-day simple moving average is $37.73 and its two-hundred day simple moving average is $32.17.

LiveRamp (NYSE:RAMP) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. The company had revenue of $213.99 million during the quarter, compared to analyst estimates of $211.45 million. LiveRamp had a net margin of 18.71% and a return on equity of 9.77%. LiveRamp’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS. Analysts forecast that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current year.

LiveRamp Company Profile

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.