Chief Revenue Officer Of LiveRamp Holdings Sold 26% Of Their Shares

Some LiveRamp Holdings, Inc. (NYSE:RAMP) shareholders may be a little concerned to see that the Chief Revenue Officer, Vihan Sharma, recently sold a substantial US$1.4m worth of stock at a price of US$35.56 per share. That's a big disposal, and it decreased their holding size by 26%, which is notable but not too bad.

View our latest analysis for LiveRamp Holdings

LiveRamp Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Vihan Sharma is the biggest insider sale of LiveRamp Holdings shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$33.80. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

LiveRamp Holdings insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Does LiveRamp Holdings Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. LiveRamp Holdings insiders own about US$68m worth of shares. That equates to 3.0% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At LiveRamp Holdings Tell Us?

An insider sold LiveRamp Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 1 warning sign for LiveRamp Holdings you should be aware of.

Of course LiveRamp Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.