Thryv Holdings, Inc. (NASDAQ:THRY) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC lowered its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 50.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 42,051 shares of the company's stock after selling 43,091 shares during the quarter. AQR Capital Management LLC owned about 0.12% of Thryv worth $749,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of THRY. SageView Advisory Group LLC purchased a new stake in shares of Thryv during the 1st quarter valued at about $54,000. Point72 DIFC Ltd purchased a new stake in Thryv during the 2nd quarter worth $100,000. Lazard Asset Management LLC acquired a new position in Thryv in the 1st quarter worth $118,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Thryv by 78.3% in the 2nd 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 in the last quarter. Finally, Quest Partners LLC purchased a new position in Thryv in the 2nd quarter valued at about $143,000. Institutional investors and hedge funds own 96.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Craig Hallum initiated coverage on Thryv in a research note on Wednesday, October 2nd. They issued a "buy" rating and a $25.00 price target on the stock. Needham & Company LLC reaffirmed a "buy" rating and issued a $28.00 target price on shares of Thryv in a research report on Friday, August 2nd.

Thryv Stock Up 2.0 %

Shares of THRY traded up $0.35 during midday trading on Monday, hitting $17.76. The company had a trading volume of 158,797 shares, compared to its average volume of 196,029. The stock has a market cap of $636.36 million, a price-to-earnings ratio of -2.36 and a beta of 0.81. The company's 50 day moving average price is $17.64 and its 200 day moving average price is $19.37. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.58. Thryv Holdings, Inc. has a 52 week low of $15.82 and a 52 week high of $26.42.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.30). Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. The firm had revenue of $224.08 million during the quarter, compared to the consensus estimate of $221.78 million. During the same period in the prior year, the firm earned $0.43 earnings per share. The firm's quarterly revenue was down 10.9% compared to the same quarter last year.

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.