Maven Securities LTD Acquires New Position in LiveRamp Holdings, Inc. $RAMP

Maven Securities LTD acquired a new stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,839 shares of the company’s stock, valued at approximately $521,000.

Several other large investors have also bought and sold shares of RAMP. BlackRock Inc. purchased a new stake in shares of LiveRamp during the second quarter valued at approximately $381,301,000. Dimensional Fund Advisors LP raised its holdings in LiveRamp by 15.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,772,213 shares of the company’s stock worth $73,519,000 after acquiring an additional 365,894 shares during the last quarter. California State Teachers Retirement System raised its holdings in LiveRamp by 3,175.9% in the 2nd quarter. California State Teachers Retirement System now owns 2,630,396 shares of the company’s stock worth $99,008,000 after acquiring an additional 2,550,101 shares during the last quarter. Schroder Investment Management Group lifted its position in LiveRamp by 3.9% in the 4th quarter. Schroder Investment Management Group now owns 2,609,061 shares of the company’s stock valued at $77,750,000 after acquiring an additional 96,867 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in LiveRamp by 37.0% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,960,674 shares of the company’s stock valued at $51,997,000 after acquiring an additional 529,485 shares in the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

LiveRamp Trading Up 0.0%

NYSE:RAMP opened at $37.76 on Wednesday. The company has a market cap of $2.30 billion, a PE ratio of 15.47 and a beta of 1.25. The company has a 50 day simple moving average of $37.77 and a two-hundred day simple moving average of $33.55. LiveRamp Holdings, Inc. has a 12 month low of $21.71 and a 12 month high of $38.23.

LiveRamp (NYSE:RAMP) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. LiveRamp had a return on equity of 9.77% and a net margin of 18.71%.The firm had revenue of $213.99 million for the quarter, compared to analysts’ expectations of $211.45 million. During the same period in the prior year, the firm earned $0.44 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. Research analysts forecast that LiveRamp Holdings, Inc. will post 2.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

LiveRamp 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.