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Kimberly Bloomston, Chief Product Officer at LiveRamp Holdings, Inc. (NYSE:RAMP), a company with a market capitalization of $2.3 billion and strong revenue growth of 14.5% in the last twelve months, has sold a portion of her company shares. According to InvestingPro analysis, LiveRamp’s stock has shown impressive momentum with a 31.7% return over the past six months. According to a recent filing, Bloomston sold 2,528 shares of LiveRamp’s common stock on February 6, 2025, at a price of $36 per share, totaling $91,008. This transaction was conducted under a pre-established Rule 10b5-1 trading plan, which was adopted on September 30, 2024. Following the sale, Bloomston owns 94,073 shares directly. The company maintains a strong financial position with more cash than debt on its balance sheet, and analysts expect profitability this year. InvestingPro subscribers can access 12 additional key insights about RAMP’s financial health and future prospects through the comprehensive Pro Research Report.
In other recent news, LiveRamp Holdings, a data connectivity platform, has shown significant top line growth, client progress, and margin improvement in its fiscal 2025 second quarter. The company’s CEO, Scott Howe, and CFO, Lauren Dillard, discussed these developments during the earnings call, indicating optimism about the company’s performance and future prospects. However, they also reminded investors of potential risks that could impact future results.
Benchmark analysts have maintained their Buy rating on LiveRamp, with a price target of $42.00. They anticipate that LiveRamp will deliver total revenue in line with expectations for the quarter, driven by an increase in variable subscription revenue. The analysts also highlighted the importance of Annual Recurring Revenue (ARR) as a critical indicator of LiveRamp’s subscription revenue for the next twelve months.
Meanwhile, Morgan Stanley (NYSE:MS) has adjusted its stance on LiveRamp, downgrading the company’s stock rating from Overweight to Equalweight. The firm maintained a price target of $35.00 for the stock, suggesting a belief in the stock’s potential for growth, albeit at a more modest pace than previously anticipated. The decision to downgrade LiveRamp’s stock rating was based on several factors, including the phasing out of third-party cookies, the underperformance of the acquisition of Habu, and a year-over-year decline in net new ARR, RPO, and CRPO.
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