SCHEDULE: Vanguard Discloses 8.96% Stake in LiveRamp Holdings

Vanguard Portfolio Management has reported a beneficial ownership of 8.96% in LiveRamp Holdings Inc. common stock as of March 31, 2026.

Summary

• Vanguard Portfolio Management, along with its affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, now beneficially owns 5,657,399 shares of LiveRamp Holdings Inc. common stock.
• This represents 8.96% of the class of securities.
• Vanguard Portfolio Management has sole voting power over 132,085 shares and sole dispositive power over 5,657,399 shares.
• The filing indicates that Vanguard funds and other managed accounts have the right to receive or direct the receipt of dividends and sale proceeds, but no single other person's interest exceeds 5%.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive development, indicating significant institutional interest without implying active engagement or a change in control.

Positives

• Significant institutional ownership by a major asset manager like Vanguard can be seen as a positive signal of confidence in the company's long-term prospects.
• Vanguard's investment suggests a belief in LiveRamp's business model and market position.

Future Outlook

This filing is a Schedule 13G, which reports passive ownership stakes and does not typically contain forward-looking statements or guidance from the company itself. Vanguard's investment is based on their own investment strategies.

Industry Context

StockSavvy.ai notes that significant institutional investment, as reported in this Schedule 13G filing by Vanguard, is a common indicator of a company's perceived stability and growth potential within the data connectivity and marketing technology sector.

Stakeholder Impact

• Shareholders may view Vanguard's increased stake as a positive endorsement, potentially increasing investor confidence.
• The company's management may see this as validation of their strategy, though Vanguard's role is typically passive.

Key Dates

Keywords

LiveRamp Holdings, Vanguard Portfolio Management, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing