The stock of LiveRamp Holdings Inc. (NYSE:RAMP) last traded at $23.37, up 0.60% from the previous session.
As we calculate the median target price by taking the range between a high of $40.00 and a low of $24.00, we find $34.00. Given the previous closing price of $23.23, this indicates a potential upside of 46.36 percent. RAMP stock price is now -5.16% away from the 50-day moving average and 1.31% away from the 200-day moving average. The market capitalization of the company currently stands at $1.49B.
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Brokers who have rated the stock have averaged $33.38 as their price target over the next twelve months.
On March 15, 2022, BMO Capital Markets Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $48, while ‘Berenberg’ rates the stock as ‘Buy’.
In other news, Hussain Mohsin, CHIEF TECHNOLOGY OFFICER sold 6,415 shares of the company’s stock on Feb 09. The stock was sold for $168,714 at an average price of $26.30. Upon completion of the transaction, the CHIEF TECHNOLOGY OFFICER now directly owns 102,601 shares in the company, valued at $2.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 16, CHIEF TECHNOLOGY OFFICER Hussain Mohsin sold 7,332 shares of the business’s stock. A total of $162,184 was realized by selling the stock at an average price of $22.12. This leaves the insider owning 112,988 shares of the company worth $2.64 million. Insiders disposed of 276,401 shares of company stock worth roughly $6.46 million over the past 1 year. A total of 2.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in RAMP stock. A new stake in LiveRamp Holdings Inc. shares was purchased by PACER ADVISORS, INC. during the first quarter worth $4,813,000. NUMERAI GP LLC invested $2,575,000 in shares of RAMP during the first quarter. In the first quarter, AXA S.A. acquired a new stake in LiveRamp Holdings Inc. valued at approximately $2,572,000. CORNERCAP INVESTMENT COUNSEL INC acquired a new stake in RAMP for approximately $1,234,000. AMALGAMATED FINANCIAL CORP. purchased a new stake in RAMP valued at around $1,001,000 in the second quarter. In total, there are 321 active investors with 94.80% ownership of the company’s stock.
With an opening price of $23.31 on Tuesday morning, LiveRamp Holdings Inc. (NYSE: RAMP) set off the trading day. During the past 12 months, LiveRamp Holdings Inc. has had a low of $15.37 and a high of $41.40. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.00, and a quick ratio of 4.00. The fifty day moving average price for RAMP is $24.64 and a two-hundred day moving average price translates $23.07 for the stock.
The latest earnings results from LiveRamp Holdings Inc. (NYSE: RAMP) was released for Dec, 2022. The net profit margin was -19.80% and return on equity was -11.80% for RAMP. The company reported revenue of $158.62 million for the quarter, compared to $140.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.81 percent. For the current quarter, analysts expect RAMP to generate $149.4M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/08/2008. Investors who held shares on 08/21/2008 were paid a $0.06 dividend.
LiveRamp Holdings Inc.(RAMP) Company Profile
LiveRamp Holdings, Inc., a technology company, provides enterprise data connectivity platform solutions in the United States, Europe, and the Asia-Pacific. The company offers RampID, a true people-based identifier; Safe Haven, an enterprise data enablement platform; LiveRamp Data Marketplace, a solution that seamlessly connects data owners’ audience data across the marketing ecosystem; and AbiliTec, an offline identity resolution platform. It serves financial, insurance and investment services, retail, automotive, telecommunications, high tech, consumer packaged goods, healthcare, travel, entertainment, non-profit, and government industries. The company was formerly known as Acxiom Holdings, Inc. and changed its name to LiveRamp Holdings, Inc. in October 2018. LiveRamp Holdings, Inc. was incorporated in 2018 and is headquartered in San Francisco, California.
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