Thryv Holdings, Inc. (NASDAQ:THRY) Director Acquires $11,571.00 in Stock

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) Director John Slater acquired 700 shares of the stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of $16.53 per share, for a total transaction of $11,571.00. Following the completion of the purchase, the director now directly owns 20,535 shares in the company, valued at $339,443.55. The trade was a 3.53 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Thryv Stock Performance

THRY traded down $0.97 on Monday, reaching $15.72. The company had a trading volume of 439,278 shares, compared to its average volume of 440,702. Thryv Holdings, Inc. has a fifty-two week low of $13.06 and a fifty-two week high of $26.42. The stock has a market cap of $681.79 million, a P/E ratio of -1.63 and a beta of 0.90. The company's fifty day moving average is $17.01 and its 200 day moving average is $16.63. 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. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. As a group, analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

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Wall Street Analyst Weigh In

Separately, Needham & Company LLC restated a "buy" rating and set a $28.00 price objective on shares of Thryv in a research note on Wednesday, January 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of THRY. Quarry LP grew its stake in Thryv by 1,296.3% in the 3rd quarter. Quarry LP now owns 2,248 shares of the company's stock valued at $39,000 after buying an additional 2,087 shares during the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in Thryv in the 4th quarter valued at about $44,000. KBC Group NV boosted its holdings in Thryv by 97.8% in the 3rd quarter. KBC Group NV now owns 2,868 shares of the company's stock valued at $49,000 after purchasing an additional 1,418 shares during the period. Summit Investment Advisors Inc. boosted its holdings in Thryv by 27.7% in 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 during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in Thryv in the 4th quarter valued at about $92,000. Institutional investors and hedge funds own 96.38% of the company's stock.

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.