Acuitas Investments LLC Buys Shares of 39,741 Thryv Holdings, Inc. (NASDAQ:THRY)

Acuitas Investments LLC purchased a new stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 39,741 shares of the company's stock, valued at approximately $588,000. Acuitas Investments LLC owned about 0.09% of Thryv at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in THRY. Riverwater Partners LLC purchased a new position in Thryv in the 3rd quarter worth $207,000. Assenagon Asset Management S.A. increased its holdings in shares of Thryv by 182.8% in the third quarter. Assenagon Asset Management S.A. now owns 220,346 shares of the company's stock worth $3,797,000 after buying an additional 142,434 shares during the period. Louisiana State Employees Retirement System boosted its holdings in Thryv by 3.8% during the 3rd quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the company's stock valued at $284,000 after acquiring an additional 600 shares during the period. State of Alaska Department of Revenue increased its stake in Thryv by 5.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 19,473 shares of the company's stock worth $335,000 after purchasing an additional 960 shares during the period. Finally, Pinnacle Associates Ltd. lifted its position in Thryv by 37.2% in the third quarter. Pinnacle Associates Ltd. now owns 67,458 shares of the company's stock valued at $1,162,000 after purchasing an additional 18,287 shares during the last quarter. 96.38% of the stock is owned by hedge funds and other institutional investors.

Thryv Trading Down 5.1 %

Thryv stock traded down $0.98 during mid-day trading on Friday, reaching $18.15. 481,472 shares of the company traded hands, compared to its average volume of 422,223. The firm's 50 day moving average price is $16.44 and its 200 day moving average price is $16.65. Thryv Holdings, Inc. has a 52-week low of $13.06 and a 52-week high of $26.42. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $763.12 million, a price-to-earnings ratio of -1.88 and a beta of 0.90.

Analyst Upgrades and Downgrades

A number of research firms recently commented on THRY. Needham & Company LLC reiterated a "buy" rating and set a $28.00 price target on shares of Thryv in a report on Wednesday, January 15th. Robert W. Baird dropped their target price on shares of Thryv from $25.00 to $20.00 and set an "outperform" rating for the company in a report on Friday, November 8th.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.