Categories: Insider Trading News

Liveramp’s chief product officer sells $295,858 in inventory


Kimberly Bloomston, Chief Product Officer at LiveRamp Holdings, Inc. (NYSE:RAMP), lately executed a sale of firm shares, in line with a latest SEC submitting. The corporate, which InvestingPro evaluation exhibits maintains a robust monetary place with additional cash than debt and a formidable present ratio of two.92x, has seen its shares achieve stable momentum over the previous three months. On December 30, Bloomston offered 9,729 shares of LiveRamp widespread inventory, valued at roughly $295,858. The shares have been offered at a weighted common worth of $30.41, with particular person transaction costs starting from $30.09 to $30.67. This sale was a part of a pre-arranged buying and selling plan underneath Rule 10b5-1, which Bloomston adopted in September 2024. Following the transaction, Bloomston holds 99,130 shares of the corporate. In accordance with InvestingPro knowledge, LiveRamp seems undervalued at present ranges, with analysts anticipating web earnings progress and sustaining optimistic earnings forecasts for the 12 months. For deeper insights into LiveRamp’s valuation and 11 extra ProTips, discover the great Professional Analysis Report out there on InvestingPro.

In different latest information, LiveRamp Holdings, Inc. disclosed substantial prime line progress, shopper progress, and improved margins throughout its fiscal 2025 second quarter earnings name. The corporate’s CEO, Scott Howe, and CFO, Lauren Dillard, underscored these optimistic points through the dialogue. Nevertheless, additionally they issued forward-looking statements, alerting traders to potential dangers that might have an effect on future outcomes.

LiveRamp’s efficiency metrics, together with prime line progress and margin enhancement, have been notably sturdy. Regardless of the corporate’s optimism about its present efficiency and future prospects, it emphasised the uncertainties and dangers that might trigger precise outcomes to vary. The earnings name, which additionally featured a question-and-answer session, didn’t spotlight any particular misses.

These are latest developments, and extra detailed info on LiveRamp’s efficiency and financials might be accessed via the press launch and slide deck out there on the corporate’s investor relations web site.

This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.

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