Barclays PLC Acquires 52,821 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Barclays PLC lifted its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 397.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,126 shares of the company's stock after buying an additional 52,821 shares during the period. Barclays PLC owned about 0.16% of Thryv worth $1,140,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Quarry LP raised its position in Thryv by 1,296.3% in the third quarter. Quarry LP now owns 2,248 shares of the company's stock valued at $39,000 after purchasing an additional 2,087 shares during the last quarter. KBC Group NV boosted its position in Thryv by 97.8% during the 3rd quarter. KBC Group NV now owns 2,868 shares of the company's stock worth $49,000 after buying an additional 1,418 shares during the period. Point72 DIFC Ltd bought a new stake in Thryv during the 2nd quarter worth approximately $100,000. Quest Partners LLC acquired a new position in Thryv in the 2nd quarter valued at approximately $143,000. Finally, XTX Topco Ltd bought a new position in shares of Thryv during the second quarter valued at $190,000. 96.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on THRY shares. Robert W. Baird reduced their price objective on shares of Thryv from $25.00 to $20.00 and set an "outperform" rating on the stock in a research note on Friday, November 8th. Needham & Company LLC reiterated a "buy" rating and issued a $28.00 price target on shares of Thryv in a research report on Wednesday, December 4th. Finally, Craig Hallum assumed coverage on Thryv in a research report on Wednesday, October 2nd. They set a "buy" rating and a $25.00 price objective for the company.

Thryv Trading Down 0.6 %

NASDAQ THRY traded down $0.08 during mid-day trading on Tuesday, reaching $14.16. 275,468 shares of the stock were exchanged, compared to its average volume of 309,333. The stock has a market cap of $595.36 million, a P/E ratio of -1.46 and a beta of 0.88. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. Thryv Holdings, Inc. has a one year low of $13.06 and a one year high of $26.42. The stock has a 50 day simple moving average of $14.98 and a 200-day simple moving average of $16.66.

Thryv (NASDAQ:THRY - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($2.65) earnings per share for the quarter, missing the consensus estimate of ($2.53) by ($0.12). Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business had revenue of $179.85 million during the quarter, compared to the consensus estimate of $179.24 million. During the same period last year, the business posted ($0.78) earnings per share. The business's revenue was down 2.2% on a year-over-year basis. On average, analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

Thryv 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.