Harspring Capital Management LLC boosted its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 51.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 635,000 shares of the company's stock after buying an additional 215,000 shares during the period. Thryv makes up approximately 2.6% of Harspring Capital Management LLC's holdings, making the stock its 13th biggest holding. Harspring Capital Management LLC owned 1.51% of Thryv worth $10,941,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. bought a new stake in Thryv in the second quarter valued at approximately $1,388,000. SummerHaven Investment Management LLC boosted its position in shares of Thryv by 2.4% in the second quarter. SummerHaven Investment Management LLC now owns 29,857 shares of the company's stock valued at $532,000 after acquiring an additional 703 shares during the period. Louisiana State Employees Retirement System increased its stake in Thryv by 3.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company's stock worth $283,000 after acquiring an additional 600 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Thryv by 78.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company's stock valued at $134,000 after purchasing an additional 3,303 shares in the last quarter. Finally, Quest Partners LLC acquired a new stake in shares of Thryv in the 2nd quarter valued at $143,000. Institutional investors and hedge funds own 96.38% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on THRY shares. Needham & Company LLC reiterated a "buy" rating and set a $28.00 price target on shares of Thryv in a report on Friday, November 8th. Robert W. Baird lowered their target price 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. Finally, Craig Hallum initiated coverage on shares of Thryv in a research note on Wednesday, October 2nd. They issued a "buy" rating and a $25.00 price target for the company.
View Our Latest Analysis on Thryv
Thryv Stock Up 2.7 %
NASDAQ THRY traded up $0.44 during trading hours on Tuesday, hitting $16.53. 349,068 shares of the company were exchanged, compared to its average volume of 250,831. The stock has a 50-day moving average price of $16.14 and a 200 day moving average price of $17.77. Thryv Holdings, Inc. has a 52 week low of $13.06 and a 52 week high of $26.42. 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 (NASDAQ:THRY - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($2.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.53) by ($0.12). Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $179.85 million for the quarter, compared to analysts' expectations of $179.24 million. During the same period in the previous year, the business earned ($0.78) earnings per share. The business's quarterly revenue was down 2.2% compared to the same quarter last year. Research analysts predict that Thryv Holdings, Inc. will post -2.17 earnings per share for the current year.
Thryv Company Profile
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Free Report)
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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