Barclays PLC Has $1.14 Million Stock Position in Thryv Holdings, Inc. (NASDAQ:THRY)

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

Other large investors have also modified their holdings of the company. Quarry LP boosted its holdings in Thryv by 1,296.3% during the third quarter. Quarry LP now owns 2,248 shares of the company's stock valued at $39,000 after acquiring an additional 2,087 shares during the period. KBC Group NV grew its holdings in Thryv by 97.8% in the 3rd quarter. KBC Group NV now owns 2,868 shares of the company's stock valued at $49,000 after buying an additional 1,418 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in Thryv in the 2nd quarter valued at approximately $100,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Thryv by 78.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company's stock worth $134,000 after buying an additional 3,303 shares during the last quarter. Finally, Quest Partners LLC bought a new stake in shares of Thryv in the second quarter valued at approximately $143,000. 96.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Thryv Stock Performance

THRY traded down $0.46 during trading on Monday, reaching $14.38. 469,923 shares of the company's stock were exchanged, compared to its average volume of 279,661. The company has a market capitalization of $604.61 million, a P/E ratio of -1.49 and a beta of 0.86. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70. The business has a 50 day moving average price of $15.40 and a 200 day moving average price of $16.97. Thryv Holdings, Inc. has a fifty-two week low of $13.06 and a fifty-two week high of $26.42.

Thryv (NASDAQ:THRY - Get Free Report) last issued its earnings results 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). The business had revenue of $179.85 million for the quarter, compared to analyst estimates of $179.24 million. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. Thryv's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.78) earnings per share. As a group, analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

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.