Trexquant Investment LP Sells 55,091 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Trexquant Investment LP lowered its position in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 48.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 58,865 shares of the company's stock after selling 55,091 shares during the period. Trexquant Investment LP owned about 0.14% of Thryv worth $871,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Barclays PLC boosted its stake in shares of Thryv by 397.0% in the third quarter. Barclays PLC now owns 66,126 shares of the company's stock worth $1,140,000 after acquiring an additional 52,821 shares during the period. State of Alaska Department of Revenue lifted its holdings 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 worth $339,000 after purchasing an additional 3,447 shares in the last quarter. Corebridge Financial Inc. boosted its stake in Thryv by 8.9% in the 4th quarter. Corebridge Financial Inc. now owns 19,984 shares of the company's stock worth $296,000 after purchasing an additional 1,631 shares during the period. JPMorgan Chase & Co. grew its holdings in Thryv by 15.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company's stock valued at $3,828,000 after buying an additional 28,909 shares in the last quarter. Finally, Amalgamated Bank raised 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 buying an additional 1,715 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company's stock.

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Thryv Price Performance

Shares of NASDAQ THRY traded down $0.15 during midday trading on Tuesday, reaching $11.44. 511,691 shares of the stock traded hands, compared to its average volume of 375,717. The company's 50 day moving average is $15.65 and its 200 day moving average is $15.76. Thryv Holdings, Inc. has a one year low of $10.03 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. The stock has a market capitalization of $496.16 million, a PE ratio of -1.18 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 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $183.02 million. On average, equities research analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on THRY shares. Royal Bank of Canada began coverage on shares of Thryv in a research report on Thursday, March 27th. They set a "sector perform" rating and a $17.00 target price for the company. Needham & Company LLC reissued a "buy" rating and set a $28.00 price objective on shares of Thryv in a report on Thursday, April 10th.

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.