LiveRamp Holdings, Inc. (NYSE:RAMP) Stake Reduced by King Luther Capital Management Corp

King Luther Capital Management Corp lessened its stake in shares of LiveRamp Holdings, Inc. (NYSE:RAMP) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 137,356 shares of the company’s stock after selling 5,235 shares during the period. King Luther Capital Management Corp owned about 0.21% of LiveRamp worth $5,203,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RAMP. Headlands Technologies LLC acquired a new stake in LiveRamp during the 4th quarter worth about $29,000. Parkside Financial Bank & Trust increased its holdings in shares of LiveRamp by 198.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 786 shares of the company’s stock valued at $30,000 after purchasing an additional 523 shares during the period. Pacer Advisors Inc. increased its holdings in shares of LiveRamp by 62.9% in the 4th quarter. Pacer Advisors Inc. now owns 1,908 shares of the company’s stock valued at $72,000 after purchasing an additional 737 shares during the period. Quest Partners LLC acquired a new position in shares of LiveRamp in the 4th quarter valued at about $93,000. Finally, NJ State Employees Deferred Compensation Plan acquired a new position in shares of LiveRamp in the 3rd quarter valued at about $202,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on RAMP. Morgan Stanley dropped their target price on LiveRamp from $49.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday. Benchmark boosted their price target on LiveRamp from $51.00 to $56.00 and gave the company a “buy” rating in a research note on Thursday. StockNews.com raised LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th. Finally, Susquehanna boosted their price target on LiveRamp from $45.00 to $50.00 and gave the company a “positive” rating in a research note on Friday, February 9th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $50.25.

LiveRamp Trading Up 11.3 %

LiveRamp stock traded up $3.64 during trading hours on Thursday, reaching $35.98. 1,070,304 shares of the company were exchanged, compared to its average volume of 563,912. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of -166.18 and a beta of 1.00. The stock has a 50-day moving average of $33.27 and a 200 day moving average of $35.14. LiveRamp Holdings, Inc. has a 12 month low of $23.15 and a 12 month high of $42.66.

LiveRamp 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.