Kennedy Capital Management LLC Has $2.40 Million Stake in Thryv Holdings, Inc. (NASDAQ:THRY)

Kennedy Capital Management LLC boosted its position in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 94.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 162,219 shares of the company's stock after buying an additional 78,686 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.39% of Thryv worth $2,401,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Renaissance Technologies LLC lifted its position in shares of Thryv by 317.1% in the fourth quarter. Renaissance Technologies LLC now owns 321,200 shares of the company's stock worth $4,754,000 after purchasing an additional 244,200 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Thryv by 11.6% during the 4th quarter. Legal & General Group Plc now owns 101,654 shares of the company's stock worth $1,504,000 after buying an additional 10,577 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Thryv by 6.9% in the 4th quarter. Invesco Ltd. now owns 193,470 shares of the company's stock valued at $2,863,000 after acquiring an additional 12,556 shares in the last quarter. Samjo Management LLC increased its position in shares of Thryv by 7.7% in the fourth quarter. Samjo Management LLC now owns 2,249,345 shares of the company's stock valued at $33,290,000 after acquiring an additional 160,185 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Thryv by 63.5% during the fourth quarter. Wells Fargo & Company MN now owns 19,840 shares of the company's stock worth $294,000 after acquiring an additional 7,703 shares in the last quarter. Institutional investors own 96.38% of the company's stock.

Thryv Stock Performance

THRY traded up $0.61 during trading hours on Friday, reaching $12.07. The company's stock had a trading volume of 439,136 shares, compared to its average volume of 379,530. The company's 50-day moving average is $15.22 and its 200-day moving average is $15.67. Thryv Holdings, Inc. has a 52 week low of $10.03 and a 52 week high of $26.42. The firm has a market cap of $523.49 million, a PE ratio of -1.25 and a beta of 1.03. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.26. The business had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. On average, equities analysts forecast that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Needham & Company LLC reiterated a "buy" rating and set a $28.00 price objective on shares of Thryv in a research note on Thursday, April 10th. Royal Bank of Canada began coverage on shares of Thryv in a research note on Thursday, March 27th. They issued a "sector perform" rating and a $17.00 price target for the company.

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.