Vanguard Group Inc. Buys 548,864 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Vanguard Group Inc. grew its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 22.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,983,416 shares of the company's stock after buying an additional 548,864 shares during the period. Vanguard Group Inc. owned 7.10% of Thryv worth $44,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in THRY. Oregon Public Employees Retirement Fund grew its holdings in shares of Thryv by 18.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company's stock worth $141,000 after acquiring an additional 1,500 shares during the period. Amalgamated Bank boosted its position in shares of Thryv by 17.6% during the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock valued at $169,000 after purchasing an additional 1,715 shares in the last quarter. Swiss National Bank grew its stake in Thryv by 2.9% in the fourth quarter. Swiss National Bank now owns 67,800 shares of the company's stock worth $1,003,000 after purchasing an additional 1,900 shares during the period. Yousif Capital Management LLC raised its holdings in Thryv by 17.6% in the fourth quarter. Yousif Capital Management LLC now owns 14,976 shares of the company's stock worth $222,000 after purchasing an additional 2,242 shares in the last quarter. Finally, Maryland State Retirement & Pension System lifted its position in Thryv by 21.1% during the fourth quarter. Maryland State Retirement & Pension System now owns 13,581 shares of the company's stock valued at $201,000 after buying an additional 2,365 shares during the period. Institutional investors own 96.38% of the company's stock.

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Thryv Stock Up 0.3 %

Shares of NASDAQ THRY traded up $0.04 during midday trading on Wednesday, hitting $11.48. The stock had a trading volume of 129,236 shares, compared to its average volume of 376,012. The business's 50 day moving average is $15.51 and its 200-day moving average is $15.73. Thryv Holdings, Inc. has a 52 week low of $10.03 and a 52 week high of $26.42. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70. The company has a market cap of $497.90 million, a P/E ratio of -1.19 and a beta of 1.03.

Thryv (NASDAQ:THRY - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $183.02 million. As a group, analysts predict that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

Wall Street Analysts Forecast Growth

THRY has been the subject of a number of recent research reports. Needham & Company LLC reissued a "buy" rating and set a $28.00 price target on shares of Thryv in a research report on Thursday, April 10th. Royal Bank of Canada initiated coverage on Thryv in a research report on Thursday, March 27th. They issued a "sector perform" rating and a $17.00 price target on the 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.