LiveRamp Holdings Inc’s filing revealed that its CHIEF TECHNOLOGY OFFICER Hussain Mohsin unloaded Company’s shares for reported $0.47 million on Feb 15 ’24. In the deal valued at $37.27 per share,12,480 shares were sold. As a result of this transaction, Hussain Mohsin now holds 80,753 shares worth roughly $2.95 million.
Then, CADOGAN TIMOTHY R. sold 1,500 shares, generating $55,500 in total proceeds. Upon selling the shares at $37.00, the Director now owns 51,016 shares.
Before that, CADOGAN TIMOTHY R. sold 1,500 shares. LiveRamp Holdings Inc shares valued at $57,465 were divested by the Director at a price of $38.31 per share. As a result of the transaction, CADOGAN TIMOTHY R. now holds 51,431 shares, worth roughly $1.88 million.
A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in late June from “a Hold” to “a Buy”. The Benchmark Company began covering RAMP with “Hold” recommendation on September 20, 2022. BMO Capital Markets revised its rating on March 15, 2022. It rated RAMP as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of RAMP
On Friday, LiveRamp Holdings Inc [NYSE:RAMP] saw its stock jump 5.33% to $36.53. Over the last five days, the stock has gained 5.88%. LiveRamp Holdings Inc shares have fallen nearly -3.56% since the year began. Nevertheless, the stocks have risen 64.11% over the past one year. While a 52-week high of $42.66 was reached on 01/18/24, a 52-week low of $21.96 was recorded on 03/15/24. SMA at 50 days reached $36.24, while 200 days put it at $32.62. A total of 0.85 million shares were traded, compared to the trading of 0.56 million shares in the previous session.
Levels Of Support And Resistance For RAMP Stock
The 24-hour chart illustrates a support level at 35.27, which if violated will result in even more drops to 34.00. On the upside, there is a resistance level at 37.31. A further resistance level may holdings at 38.08. The Relative Strength Index (RSI) on the 14-day chart is 63.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.69%. Stochastics %K at 82.58% indicates the stock is a selling.
How much short interest is there in LiveRamp Holdings Inc?
A steep rise in short interest was recorded in LiveRamp Holdings Inc stocks on Mar 15, 2024, growing by 0.32 million shares to a total of 2.22 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.9 million shares. There was a rise of 14.41%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 4.93% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.45.
