LiveRamp soars on Publicis buyout deal priced at $38.50 per share

LiveRamp (RAMP) is up 27.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The biggest driver appears to be a newly announced all-cash acquisition agreement that values LiveRamp at a large premium to its prior close. The move also lines up with LiveRamp releasing quarterly and full-year results at the same time, which may have added incremental support to sentiment.

Details:

LiveRamp entered into an agreement to be acquired in an all-cash transaction priced at $38.50 per share, implying a total enterprise value of about $2.167 billion.

The deal value implies a premium of roughly 29.8% versus LiveRamp’s May 15, 2026 closing price, which helps explain why shares jumped close to that amount.

The transaction was approved unanimously by the boards of both companies, with closing still subject to customary conditions (including approvals).

In a separate release, LiveRamp reported fiscal Q4 results with total revenue of $206 million (up 9% year-over-year) and highlighted improved subscription net retention (107%) and operating cash flow of $168 million for the fiscal year.

Sources:

LiveRamp (Investor Relations), LiveRamp (Company News), GlobeNewswire

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$RAMP Insider Trading Activity

$RAMP insiders have traded $RAMP stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $RAMP stock by insiders over the last 6 months:

MOHSIN HUSSAIN (CHIEF TECHNOLOGY OFFICER) sold 5,977 shares for an estimated $169,866

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$RAMP Hedge Fund Activity

We have seen 142 institutional investors add shares of $RAMP stock to their portfolio, and 171 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

LSV ASSET MANAGEMENT added 1,084,918 shares (+567.1%) to their portfolio in Q1 2026, for an estimated $28,772,025
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added 529,485 shares (+37.0%) to their portfolio in Q1 2026, for an estimated $14,041,942
NEUBERGER BERMAN GROUP LLC added 488,449 shares (+62.3%) to their portfolio in Q1 2026, for an estimated $12,953,667
INVENOMIC CAPITAL MANAGEMENT LP added 403,359 shares (+66.4%) to their portfolio in Q1 2026, for an estimated $10,697,080
DIMENSIONAL FUND ADVISORS LP added 365,894 shares (+15.2%) to their portfolio in Q1 2026, for an estimated $9,703,508
FRANKLIN RESOURCES INC removed 345,963 shares (-31.3%) from their portfolio in Q1 2026, for an estimated $9,174,938
ARROWMARK COLORADO HOLDINGS LLC removed 345,314 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,157,727

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$RAMP Price Targets

Multiple analysts have issued price targets for $RAMP recently. We have seen 3 analysts offer price targets for $RAMP in the last 6 months, with a median target of $38.0.

Here are some recent targets:

Clark Wright from DA Davidson set a target price of $38.5 on 05/18/2026
Alec Brondolo from Wells Fargo set a target price of $38.0 on 02/06/2026
Mark Zgutowicz from Benchmark set a target price of $38.0 on 02/03/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.