LiveRamp Holdings (NASDAQ:RAMP) Given Average Recommendation of “Buy” by Analysts
LiveRamp Holdings (NASDAQ:RAMP) has received a consensus recommendation of “Buy” from the eight research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $63.17.
A number of brokerages recently commented on RAMP. Susquehanna Bancshares began coverage on shares of LiveRamp in a research report on Wednesday, June 26th. They issued a “positive” rating and a $70.00 target price on the stock. First Analysis raised LiveRamp from a “neutral” rating to an “outperform” rating and set a $55.00 target price for the company in a research note on Wednesday, May 29th. Zacks Investment Research lowered LiveRamp from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Finally, Morgan Stanley assumed coverage on LiveRamp in a report on Monday, July 15th. They set an “overweight” rating and a $64.00 target price for the company.
NASDAQ:RAMP traded up $2.42 during trading hours on Friday, hitting $45.16. The stock had a trading volume of 600,272 shares, compared to its average volume of 681,417. LiveRamp has a one year low of $36.53 and a one year high of $63.23. The company has a 50 day simple moving average of $45.78 and a two-hundred day simple moving average of $52.04.
In other LiveRamp news, Director Clark M. Kokich sold 1,000 shares of the stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $44.14, for a total transaction of $44,140.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. raised its position in LiveRamp by 100.0% during the 2nd quarter. Advisor Group Inc. now owns 536 shares of the company’s stock valued at $27,000 after purchasing an additional 268 shares during the last quarter. Assetmark Inc. purchased a new stake in LiveRamp in the 2nd quarter worth approximately $46,000. Hilton Capital Management LLC purchased a new stake in LiveRamp in the 1st quarter worth approximately $49,000. First Mercantile Trust Co. purchased a new stake in LiveRamp in the 1st quarter worth approximately $90,000. Finally, Tower Research Capital LLC TRC grew its position in shares of LiveRamp by 63.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,174 shares of the company’s stock worth $105,000 after buying an additional 845 shares during the last quarter.
LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.
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