LiveRamp Holdings, Inc. (RAMP) Bundle
Who Invests in LiveRamp Holdings, Inc. (RAMP) and Why?
Who Invests in LiveRamp Holdings, Inc. (RAMP) and Why?
Key Investor Types:
- Retail Investors: Individual investors who buy and sell stocks through brokerage accounts. As of September 2024, retail ownership is approximately 20% of total shares outstanding.
- Institutional Investors: These include mutual funds, pension funds, and insurance companies. Institutional ownership stands at about 75% of total shares, indicating strong confidence among large investors.
- Hedge Funds: Actively managed investment funds that employ various strategies to generate high returns. As of September 2024, hedge funds hold approximately 10% of the company's shares, reflecting a selective interest in the stock.
Investment Motivations:
- Growth Prospects: Investors are attracted by the company's revenue growth, which increased by 16.0% year-over-year in Q2 2024.
- Market Position: The company is positioned as a leader in the data connectivity space, which is seen as a high-growth area.
- Acquisition Strategy: Recent acquisitions, such as Habu, have contributed approximately 3.5 million in revenue, enhancing growth potential.
Investment Strategies:
- Long-Term Holding: Institutional investors typically favor a buy-and-hold strategy, capitalizing on the company's long-term growth.
- Short-Term Trading: Retail investors often engage in short-term trading to take advantage of market volatility, especially around earnings reports.
- Value Investing: Some investors look for undervalued stocks in the sector, considering the company's current market valuation relative to its growth potential.
| Investor Type | Percentage of Ownership | Key Motivations |
|---|---|---|
| Retail Investors | 20% | Short-term gains, market trends |
| Institutional Investors | 75% | Long-term growth, stability |
| Hedge Funds | 10% | High returns, opportunistic trading |
Recent Financial Highlights:
- For the quarter ended September 30, 2024, total revenues were $185.5 million, a 16.0% increase from the previous year.
- Gross profit for the same period was $134.2 million, with a gross margin of 72.4%.
- Net earnings were $1.7 million, translating to $0.03 per diluted share.
Key Performance Metrics:
| Metric | Value (2024) | Value (2023) | Change (%) |
|---|---|---|---|
| Subscription Net Retention | 107% | 101% | 6% |
| Annualized Recurring Revenue | $483 million | $428 million | 13% |
| Remaining Performance Obligations | $504 million | $490 million | 3% |
Institutional Ownership and Major Shareholders of LiveRamp Holdings, Inc. (RAMP)
Institutional Ownership and Major Shareholders
As of September 30, 2024, the following are the top institutional investors in LiveRamp Holdings, Inc. (RAMP) and their respective shareholdings:
| Institution | Shares Held | Percentage of Total Shares |
|---|---|---|
| The Vanguard Group, Inc. | 15,782,000 | 10.0% |
| BlackRock, Inc. | 14,500,000 | 9.2% |
| State Street Corporation | 12,200,000 | 7.7% |
| Invesco Ltd. | 8,500,000 | 5.4% |
| Goldman Sachs Group, Inc. | 7,000,000 | 4.5% |
In recent months, there have been notable changes in institutional ownership. The Vanguard Group increased its stake by 2.5%, while BlackRock decreased its holdings by 1.0% as of the latest reporting period. State Street Corporation also reduced its stake by 0.5%, indicating a trend towards consolidation among larger shareholders.
Institutional investors play a significant role in shaping the stock price and overall strategy of the company. Their investment decisions can lead to increased market confidence, which often results in upward pressure on the stock price. Conversely, any significant sell-offs can lead to declines in share value, reflecting market sentiment and investor perception of the company's future prospects.
As of September 30, 2024, the total number of shares outstanding was approximately 157.8 million. The influence of institutional ownership is evident as they collectively hold a significant portion of the total shares, which can lead to increased volatility in the stock price during periods of high trading activity.
Key Investors and Their Influence on LiveRamp Holdings, Inc. (RAMP)
Key Investors and Their Impact on LiveRamp Holdings, Inc. (RAMP)
Notable Investors: The investor landscape for LiveRamp Holdings, Inc. includes significant players such as The Vanguard Group, BlackRock, and State Street Corporation. As of September 30, 2024, The Vanguard Group held approximately 9.2 million shares, accounting for 14.9% of total shares outstanding. BlackRock owned about 8.8 million shares, representing 14.3% of the company. State Street has approximately 6.3 million shares, or 10.3% of total shares.
Investor Influence: These institutional investors exert considerable influence on company decisions and stock movements through their voting power and engagement with management. Their investment decisions can affect market perceptions and stock price volatility. For instance, Vanguard's and BlackRock's participation in shareholder meetings often leads to discussions on strategic direction, governance practices, and capital allocation strategies, which can sway management decisions significantly.
Recent Moves: In the most recent quarter, notable movements include BlackRock increasing its stake by acquiring an additional 1.2 million shares, reflecting a 15% increase from the previous quarter. Conversely, State Street reduced its holdings by selling 500,000 shares, indicating a strategic shift or profit-taking. The overall impact of these moves has contributed to a 5% fluctuation in stock price over the last month.
| Investor | Shares Held | Percentage of Total Shares | Recent Move |
|---|---|---|---|
| The Vanguard Group | 9,200,000 | 14.9% | Stable |
| BlackRock | 8,800,000 | 14.3% | Increased by 1,200,000 shares |
| State Street Corporation | 6,300,000 | 10.3% | Decreased by 500,000 shares |
These movements and strategies highlight the active role institutional investors play in shaping the future of the company, influencing both operational and financial strategies as the company navigates its growth trajectory into 2024.
Market Impact and Investor Sentiment of LiveRamp Holdings, Inc. (RAMP)
Market Impact and Investor Sentiment
Investor Sentiment: As of 2024, investor sentiment among major shareholders appears to be neutral. This is reflected in the mixed responses to recent financial results and strategic initiatives. The company's ability to sustain revenue growth has garnered cautious optimism, but concerns over profitability persist.
Recent Market Reactions: The stock market has reacted positively to significant ownership changes. For instance, during the six months ended September 30, 2024, the company repurchased 2.4 million shares for a total of $65.7 million under its modified common stock repurchase program. This was part of a broader initiative that authorized up to $1.3 billion in share repurchases through December 31, 2026.
The average stock price during the third quarter of 2024 fluctuated, with notable trades including:
| Period | Total Number of Shares Purchased | Average Price Paid Per Share | Total Value of Shares Purchased |
|---|---|---|---|
| July 2024 | 275,000 | $31.19 | $8,591,725 |
| August 2024 | 1,227,459 | $24.45 | $30,037,095 |
| September 2024 | 443,494 | $25.42 | $11,267,811 |
| Total | 1,945,953 | $25.63 | $49,896,631 |
Analyst Perspectives: Analysts have expressed mixed views regarding the impact of key investors on the company's future. While some analysts highlight the importance of the recent acquisition of Habu, contributing approximately $3.5 million in subscription revenue for the quarter ended September 30, 2024, others caution about the 61% decline in net earnings, which was reported at $1.7 million compared to $4.9 million in the same quarter a year ago.
Furthermore, the company's subscription net retention rate increased to 107%, up from 101% a year earlier, showing an improvement in customer retention. However, the overall market sentiment remains cautious due to fluctuating profitability and operational challenges that may impact future growth prospects.
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Resources:
- LiveRamp Holdings, Inc. (RAMP) Financial Statements – Access the full quarterly financial statements for Q2 2025 to get an in-depth view of LiveRamp Holdings, Inc. (RAMP)' financial performance, including balance sheets, income statements, and cash flow statements.
- SEC Filings – View LiveRamp Holdings, Inc. (RAMP)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.