Jackson Creek Investment Advisors LLC Makes New $1.04 Million Investment in LiveRamp Holdings, Inc. (NYSE:RAMP)

Jackson Creek Investment Advisors LLC acquired a new stake in LiveRamp Holdings, Inc. (NYSE:RAMP) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 27,410 shares of the company’s stock, valued at approximately $1,038,000.

Several other hedge funds have also added to or reduced their stakes in the business. Headlands Technologies LLC acquired a new position in LiveRamp during the 4th quarter worth approximately $29,000. Parkside Financial Bank & Trust increased its stake in 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 buying an additional 523 shares during the last quarter. Pacer Advisors Inc. increased its stake in 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 buying an additional 737 shares during the last quarter. NJ State Employees Deferred Compensation Plan bought a new stake in LiveRamp during the 3rd quarter worth about $202,000. Finally, Jump Financial LLC bought a new position in shares of LiveRamp in the 3rd quarter valued at about $243,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Analyst Ratings Changes

RAMP has been the topic of several analyst reports. Craig Hallum upped their target price on LiveRamp from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. StockNews.com raised shares of LiveRamp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 16th. Susquehanna upped their price target on shares of LiveRamp from $45.00 to $50.00 and gave the stock a “positive” rating in a research report on Friday, February 9th. Finally, Benchmark reissued a “buy” rating and issued a $51.00 price objective on shares of LiveRamp in a research report on Monday, March 4th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $47.75.

Insider Buying and Selling

In other news, Director Timothy R. Cadogan sold 1,500 shares of the company’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $37.00, for a total value of $55,500.00. Following the sale, the director now directly owns 51,016 shares of the company’s stock, valued at approximately $1,887,592. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.93% of the stock is owned by insiders.

LiveRamp Price Performance

NYSE RAMP traded down $0.83 during trading hours on Tuesday, reaching $32.11. The company’s stock had a trading volume of 695,940 shares, compared to its average volume of 592,675. The firm has a fifty day simple moving average of $34.09 and a 200-day simple moving average of $34.67. LiveRamp Holdings, Inc. has a 52 week low of $23.10 and a 52 week high of $42.66. The stock has a market cap of $2.10 billion, a P/E ratio of -145.95 and a beta of 1.00.

LiveRamp (NYSE:RAMP) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.05. The firm had revenue of $173.87 million during the quarter, compared to the consensus estimate of $174.00 million. LiveRamp had a negative net margin of 2.22% and a positive return on equity of 1.57%. On average, research analysts expect that LiveRamp Holdings, Inc. will post 0.64 earnings per share for the current year.

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.