Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. LiveRamp Holdings Inc shares valued at $465,130 were sold by Hussain Mohsin on Feb 15 ’24. At $37.27 per share, Hussain Mohsin sold 12,480 shares. The insider’s holdings dropped to 80,753 shares worth approximately $2.61 million following the completion of this transaction.
Also, CADOGAN TIMOTHY R. sold 1,500 shares, netting a total of over 55,500 in proceeds. Following the sale of shares at $37.00 each, the insider now holds 51,016 shares.
Before that, CADOGAN TIMOTHY R. had sold 1,500 shares from its account. In a trade valued at $57,465, the Director traded LiveRamp Holdings Inc shares for $38.31 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $1.66 million.
Analysts at The Benchmark Company upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late June. As of September 20, 2022, The Benchmark Company has initiated its “Hold” rating for RAMP. Earlier on March 15, 2022, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for RAMP stock which previously was a “a Market perform”.
Analyzing RAMP Stock Performance
During the last five days, there has been a drop of approximately -0.22%. Over the course of the year, LiveRamp Holdings Inc shares have dropped approximately -14.76%. Shares of the company reached a 52-week high of $42.66 on 01/18/24 and a 52-week low of $31.70 on 04/25/24. A 50-day SMA is recorded $33.95, while a 200-day SMA reached $33.06. Nevertheless, trading volume fell to 0.38 million shares from 0.7 million shares the previous day.
Support And Resistance Levels for LiveRamp Holdings Inc (RAMP)
According to the 24-hour chart, there is a support level at 31.99, which, if violated, would cause prices to drop to 31.70. In the upper region, resistance lies at 32.73. The next price resistance is at 33.18. RSI (Relative Strength Index) is 43.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.02, which suggests the price will decrease in the coming days. Percent R is at 75.82%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
