Renaissance Technologies LLC Has $4.75 Million Stock Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Renaissance Technologies LLC lifted its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 317.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 321,200 shares of the company's stock after buying an additional 244,200 shares during the period. Renaissance Technologies LLC owned about 0.76% of Thryv worth $4,754,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new position in Thryv in the fourth quarter valued at $44,000. KLP Kapitalforvaltning AS bought a new stake in shares of Thryv during the 4th quarter worth approximately $92,000. Oregon Public Employees Retirement Fund grew 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 valued at $141,000 after buying an additional 1,500 shares in the last quarter. Amalgamated Bank increased its holdings in Thryv by 17.6% during the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock worth $169,000 after buying an additional 1,715 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new stake in Thryv during the fourth quarter worth $174,000. Institutional investors own 96.38% of the company's stock.

Analysts Set New Price Targets

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

Thryv Stock Performance

Shares of Thryv stock traded up $0.46 during trading on Friday, reaching $13.40. The company's stock had a trading volume of 178,635 shares, compared to its average volume of 386,491. 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 $586.00 million, a PE ratio of -1.39 and a beta of 1.03. The business's 50-day moving average price is $14.45 and its 200-day moving average price is $15.50. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70.

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