Thryv Holdings, Inc. (NASDAQ:THRY) Stock Position Raised by Brooktree Capital Management

Brooktree Capital Management raised its holdings in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 24.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 508,307 shares of the company's stock after purchasing an additional 100,577 shares during the period. Thryv comprises 5.6% of Brooktree Capital Management's holdings, making the stock its 8th largest position. Brooktree Capital Management owned about 1.21% of Thryv worth $7,523,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Swiss National Bank grew its holdings in Thryv by 2.9% in the fourth quarter. Swiss National Bank now owns 67,800 shares of the company's stock valued at $1,003,000 after purchasing an additional 1,900 shares during the period. Amundi boosted its stake in shares of Thryv by 257.7% in the fourth quarter. Amundi now owns 20,388 shares of the company's stock worth $294,000 after acquiring an additional 14,688 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Thryv by 18.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company's stock worth $141,000 after acquiring an additional 1,500 shares during the last quarter. Amalgamated Bank boosted its stake in shares of Thryv by 17.6% in the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock worth $169,000 after acquiring an additional 1,715 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Thryv by 10.1% in the fourth quarter. Bank of New York Mellon Corp now owns 206,501 shares of the company's stock worth $3,056,000 after acquiring an additional 18,906 shares during the last quarter. 96.38% of the stock is owned by institutional investors and hedge funds.

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Thryv Trading Up 0.3 %

NASDAQ THRY traded up $0.05 on Friday, reaching $15.12. 751,496 shares of the company were exchanged, compared to its average volume of 325,922. The business's fifty day moving average price is $17.13 and its 200 day moving average price is $16.45. The stock has a market capitalization of $655.77 million, a P/E ratio of -1.56 and a beta of 0.90. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70. 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 released its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.26. The company had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. Analysts forecast that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Analyst Ratings Changes

Separately, Needham & Company LLC reaffirmed a "buy" rating and issued a $28.00 price target on shares of Thryv in a research note on Wednesday, January 15th.

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.