There is bearish insider sentiment within LiveRamp Holdings, Inc. (RAMP)

Director Henderson William J sold 7,110 shares in LiveRamp Holdings, Inc. (NYSE:RAMP) for $33,374 in transaction occurred on 2018/11/29. After making this transaction, the Director owns a direct stake of 333,175 shares, worth $1,560,235, as per the last closing price. On 2018/11/09 Arra James F., PRESIDENT AND CCO at RAMP, dumped 55,300 shares at an average price of $46.64 per share. The selling total is valued at $13,849,220.

Separately, it had been reported that some other RAMP insiders also took part of the insider trading activity. PRESIDENT AND CCO, Arra James F. had divested 8,363 shares for $241,531 through a trade on 2018/11/08. Following this activity, the insider holds 393,145 shares worth $11,291,574 as of recent close. Wall Street’s most bullish LiveRamp Holdings, Inc. (NYSE:RAMP) analysts are predicting the share price to blow past $60 per share during the next 12 months. The current median share price forecast by them is $55, suggesting that the stock could increase 17.65% in that time frame. The average price target of $51.6 calls for a nearly 10.37% increase in the stock price.

LiveRamp Holdings, Inc. (RAMP) trading activity significantly improved as the volume at ready counter increased to 3,292,267 shares versus 1,186,690 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 902,724 shares. The share price dropped -0.04% in recent trade and currently has a stock-market value of $3.62B. The shares finished at $46.75, after trading as low as $46.12 earlier in the session. It hit an intraday high Thursday at $47.27. The stock is now 151.34% above against its bear-market low of $18.6 on March 29, 2018. It has retreated -10.18% since it’s 52-week high of $51.51 reached in September. Now the market price is up 70.81% on the year and up 69.63% YTD.

RAMP’s 50 day simple moving average (SMA 50) price is $46.51 and its 200-day simple moving average (SMA 200) price is $37.49. The company’s stock currently has a total float of 75.76M shares. Its weekly volatility is hovering around 2.81% and felt 2.85% volatility in price over a month. On the upside, the share price will test short term resistance at around $47.31. On a downside, the stock is likely to find some support, which begins at $46.16. The failure to get near-term support could push it to $45.56.

Also, it is trading at rather expensive levels at just over 4.76x price/book and 5.96x price/sales. Compared to others, LiveRamp Holdings, Inc. is in a different league with regards to profitability, having net margins of 7.5%. To put some perspective around this, the industry’s average net margin is 13.13%. RAMP’s ROE is 6.1%, which is also considerably worse than the industry’s ROE of 14.1%. It’s also very liquid in the near term, with a current ratio of 5. The stock has a debt/capital of 0.3.

RAMP last reported earnings on October 29, 2018 when it released Sep-18 results that receded expectations. The company raked in -$0.14 per share, -100.05% change on the same period last year. That was worse than consensus for $0.08. Revenue for the recent quarter stood at $64.81 million, down -71% on last year and below the $229.1 million predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $238.4 million to $240.69 million, which should be compared with $0 generated last year.