Thryv Holdings, Inc. (NASDAQ:THRY) Shares Bought by Whetstone Capital Advisors LLC

Whetstone Capital Advisors LLC grew its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 131.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 650,674 shares of the company's stock after buying an additional 369,763 shares during the period. Thryv accounts for 3.1% of Whetstone Capital Advisors LLC's portfolio, making the stock its 9th biggest position. Whetstone Capital Advisors LLC owned approximately 1.55% of Thryv worth $9,630,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Thryv by 22.5% in the 4th quarter. Vanguard Group Inc. now owns 2,983,416 shares of the company's stock worth $44,155,000 after purchasing an additional 548,864 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Thryv by 31.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company's stock worth $16,135,000 after acquiring an additional 262,111 shares in the last quarter. Renaissance Technologies LLC grew its stake in Thryv by 317.1% in the fourth quarter. Renaissance Technologies LLC now owns 321,200 shares of the company's stock worth $4,754,000 after purchasing an additional 244,200 shares during the period. LB Partners LLC bought a new position in Thryv in the fourth quarter worth $2,956,000. Finally, Peregrine Capital Management LLC increased its position in Thryv by 91.0% during the 4th quarter. Peregrine Capital Management LLC now owns 396,038 shares of the company's stock valued at $5,861,000 after buying an additional 188,718 shares in the last quarter. Hedge funds and other institutional investors own 96.38% of the company's stock.

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Wall Street Analyst Weigh In

THRY has been the subject of several analyst reports. Needham & Company LLC restated a "buy" rating and set a $28.00 price target on shares of Thryv in a report on Thursday, April 10th. Royal Bank of Canada began coverage on Thryv in a research note on Thursday, March 27th. They set a "sector perform" rating and a $17.00 target price on the stock.

Thryv Trading Down 0.6 %

Shares of NASDAQ:THRY traded down $0.07 during trading on Wednesday, hitting $11.37. The company had a trading volume of 108,157 shares, compared to its average volume of 478,880. The stock has a market cap of $493.13 million, a price-to-earnings ratio of -1.18 and a beta of 1.03. The company has a fifty day simple moving average of $15.51 and a two-hundred day simple moving average of $15.73. Thryv Holdings, Inc. has a one year low of $10.02 and a one year high of $26.42. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04.

Thryv (NASDAQ:THRY - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of ($0.07) by $0.26. The firm had revenue of $186.60 million during the quarter, compared to analysts' expectations of $183.02 million. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. As a group, 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.