Gilder Gagnon Howe & Co. LLC Makes New $430,000 Investment in Thryv Holdings, Inc. (NASDAQ:THRY)

Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 29,034 shares of the company's stock, valued at approximately $430,000. Gilder Gagnon Howe & Co. LLC owned approximately 0.07% of Thryv as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Thryv during the fourth quarter valued at approximately $44,000. Summit Investment Advisors Inc. increased its stake in Thryv by 27.7% during the 4th quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company's stock valued at $58,000 after purchasing an additional 848 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Thryv during the fourth quarter worth $92,000. Oregon Public Employees Retirement Fund lifted its position in Thryv by 18.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company's stock valued at $141,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in Thryv by 17.6% during the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company's stock valued at $169,000 after purchasing an additional 1,715 shares during the last quarter. Institutional investors and hedge funds own 96.38% of the company's stock.

Wall Street Analyst Weigh In

THRY has been the topic of a number of recent research reports. Royal Bank of Canada assumed coverage on Thryv in a report on Thursday, March 27th. They issued a "sector perform" rating and a $17.00 target price on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $28.00 price objective on shares of Thryv in a report on Thursday, April 10th. Finally, B. Riley reduced their target price on shares of Thryv from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Thryv has an average rating of "Moderate Buy" and an average price target of $23.20.

Thryv Price Performance

Thryv stock opened at $13.43 on Monday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70. The business's 50 day simple moving average is $14.33 and its 200 day simple moving average is $15.46. Thryv Holdings, Inc. has a 12 month low of $10.03 and a 12 month high of $26.42. The company has a market cap of $587.31 million, a price-to-earnings ratio of -1.39 and a beta of 1.03.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.26. The company had revenue of $186.60 million during 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%. Sell-side analysts forecast that Thryv Holdings, Inc. will post -2.24 EPS for the current 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.

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