RAMP LiveRamp Holdings, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2026: $10M, Q2 2026: $50M, Q1 2026: $16M, Q3 2025: $10M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $10M vs trailing avg $25M (-60%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $86M / FCF $42M = 206% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 4,500,000 shares = 7.1% of 63,124,894 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

1 open-market purchase by Dillard Lauren R

• Dillard Lauren R (CHIEF FINANCIAL OFFICER) bought 7,730 shares at $25.83 on 2025-08-13

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters but insufficient insider buying

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 6.0x more than bought. 1 C-suite officers among sellers

• Hussain Mohsin (CHIEF TECHNOLOGY OFFICER) sold 5,977 shares on 2026-03-03
• Hussain Mohsin (CHIEF TECHNOLOGY OFFICER) sold 12,734 shares on 2025-09-08
• Hussain Mohsin (CHIEF TECHNOLOGY OFFICER) sold 17,529 shares on 2025-05-28