On December 31, 2024, BlackRock, Inc. (Trades, Portfolio) executed a significant stock transaction involving LiveRamp Holdings Inc (RAMP, Financial). The firm added 119,143 shares of LiveRamp Holdings Inc at a traded price of $30.37 per share. This strategic move highlights BlackRock's continued interest in the technology sector, further solidifying its position in the market. The acquisition increased BlackRock's total holdings in LiveRamp to 11,980,256 shares, representing 18.40% of the firm's portfolio. Despite the substantial addition, the transaction had no significant impact on the overall portfolio position, maintaining a 0.01% ratio.
BlackRock, Inc. (Trades, Portfolio): A Leading Investment Firm
BlackRock, Inc. (Trades, Portfolio), headquartered at 50 Hudson Yards, New York, NY, is a prominent investment firm known for its substantial equity holdings. With a total equity of $4,761.16 trillion, BlackRock focuses primarily on the Technology and Financial Services sectors. The firm's top holdings include major companies such as Apple Inc (AAPL, Financial), Amazon.com Inc (AMZN, Financial), Meta Platforms Inc (META, Financial), Microsoft Corp (MSFT, Financial), and NVIDIA Corp (NVDA, Financial). This diverse portfolio underscores BlackRock's strategic investment philosophy aimed at maximizing returns through diversified sector exposure.
LiveRamp Holdings Inc: Enhancing Brand Value through Data Collaboration
LiveRamp Holdings Inc, a USA-based company, went public on December 14, 1983. The company specializes in technology solutions that enhance brand and business value through data collaboration, with a strong emphasis on consumer privacy and data ethics. LiveRamp offers a connected customer view with clarity and context while protecting brand and consumer trust. The company's market capitalization stands at $2.25 billion, and it is currently trading at $34.42. The stock is considered fairly valued with a GF Value of $34.55 and a Price to GF Value ratio of 1.00.
Financial Metrics and Growth Indicators
LiveRamp Holdings Inc has demonstrated impressive growth, with a 13.34% gain since the transaction and a remarkable 3,274.51% increase since its IPO. The company's GF Score is 81/100, indicating good outperformance potential. LiveRamp's Balance Sheet Rank is 8/10, and its Growth Rank is also 8/10, reflecting strong financial health and growth prospects. The company's Profitability Rank is 5/10, and its GF Value Rank is 7/10, further supporting its potential for sustained performance.
Impact of the Transaction on BlackRock's Portfolio
The acquisition of additional shares in LiveRamp Holdings Inc by BlackRock, Inc. (Trades, Portfolio) is a strategic move that aligns with the firm's investment philosophy. While the transaction increased BlackRock's stake in LiveRamp, it did not significantly alter the overall portfolio position, maintaining a 0.01% ratio. This indicates that while LiveRamp is a valuable component of BlackRock's portfolio, the firm continues to maintain a diversified investment strategy across various sectors.
Gotham Asset Management: Largest Guru Holding LiveRamp
Gotham Asset Management, LLC is currently the largest guru holding shares of LiveRamp Holdings Inc. Although the specific share percentage held by Gotham Asset Management is not provided, its position as the largest holder underscores the confidence in LiveRamp's growth potential and market position.
In conclusion, BlackRock, Inc. (Trades, Portfolio)'s recent acquisition of LiveRamp Holdings Inc shares reflects a strategic investment decision aimed at capitalizing on the company's growth potential and market position. This transaction, while significant, aligns with BlackRock's broader investment strategy, emphasizing diversification and long-term value creation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
