Thryv Holdings, Inc. (NASDAQ:THRY) Shares Purchased by Samjo Management LLC

Samjo Management LLC increased its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,249,345 shares of the company's stock after purchasing an additional 160,185 shares during the period. Thryv makes up about 12.6% of Samjo Management LLC's holdings, making the stock its biggest position. Samjo Management LLC owned 5.35% of Thryv worth $33,290,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in THRY. Oregon Public Employees Retirement Fund increased its stake in Thryv by 18.7% in the 4th 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 during the last quarter. Corebridge Financial Inc. grew its stake in Thryv by 8.9% during the fourth quarter. Corebridge Financial Inc. now owns 19,984 shares of the company's stock valued at $296,000 after acquiring an additional 1,631 shares in the last quarter. Amalgamated Bank raised its holdings in shares of Thryv by 17.6% in the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company's stock valued at $169,000 after acquiring an additional 1,715 shares in the last quarter. Swiss National Bank increased its holdings in shares of Thryv by 2.9% in the 4th quarter. Swiss National Bank now owns 67,800 shares of the company's stock worth $1,003,000 after buying an additional 1,900 shares during the last quarter. Finally, Quarry LP increased its position in shares of Thryv by 1,296.3% during the 3rd quarter. Quarry LP now owns 2,248 shares of the company's stock valued at $39,000 after purchasing an additional 2,087 shares during the last quarter. Institutional investors own 96.38% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have weighed in on THRY shares. Needham & Company LLC reissued a "buy" rating and set a $28.00 price target on shares of Thryv in a research report on Thursday. Royal Bank of Canada initiated coverage on shares of Thryv in a research note on Thursday, March 27th. They set a "sector perform" rating and a $17.00 target price for the company.

Thryv Stock Performance

Shares of THRY stock traded down $0.65 during trading hours on Thursday, hitting $11.09. The company's stock had a trading volume of 299,428 shares, compared to its average volume of 367,406. The company has a 50 day moving average of $16.06 and a 200 day moving average of $15.90. The stock has a market cap of $480.77 million, a PE ratio of -1.13 and a beta of 1.03. 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 Holdings, Inc. has a 12-month low of $10.03 and a 12-month high of $26.42.

Thryv (NASDAQ:THRY - Get Free Report) last posted its quarterly earnings data 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 return on equity of 42.95% and a negative net margin of 38.87%. The business had revenue of $186.60 million during the quarter, compared to analysts' expectations of $183.02 million. On average, sell-side analysts forecast that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

About Thryv

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.