Royce & Associates LP Sells 17,671 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Royce & Associates LP decreased its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 651,465 shares of the company's stock after selling 17,671 shares during the quarter. Royce & Associates LP owned approximately 1.55% of Thryv worth $9,642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Barclays PLC boosted its position in Thryv by 397.0% during the third quarter. Barclays PLC now owns 66,126 shares of the company's stock worth $1,140,000 after purchasing an additional 52,821 shares during the period. FMR LLC boosted its holdings in shares of Thryv by 1.3% during the 3rd quarter. FMR LLC now owns 5,425,792 shares of the company's stock worth $93,486,000 after buying an additional 71,174 shares during the period. State of Alaska Department of Revenue grew its stake in Thryv by 17.7% in the 4th quarter. State of Alaska Department of Revenue now owns 22,920 shares of the company's stock valued at $339,000 after buying an additional 3,447 shares during the last quarter. Bullseye Asset Management LLC bought a new position in Thryv in the 3rd quarter worth $1,028,000. Finally, JPMorgan Chase & Co. raised its holdings in Thryv by 15.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company's stock worth $3,828,000 after acquiring an additional 28,909 shares during the period. Institutional investors own 96.38% of the company's stock.

Analysts Set New Price Targets

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

Remove Ads

Thryv Stock Performance

Shares of THRY traded up $0.05 during mid-day trading on Friday, hitting $15.12. The company's stock had a trading volume of 751,496 shares, compared to its average volume of 325,922. The stock's 50-day moving average is $17.13 and its two-hundred day moving average is $16.45. The firm has a market capitalization of $655.77 million, a PE ratio of -1.56 and a beta of 0.90. 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 Holdings, Inc. has a one year low of $13.06 and a one year high of $26.42.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.19 EPS for the quarter, topping 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 return on equity of 42.95% and a negative net margin of 38.87%. As a group, sell-side analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

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.