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

RBF Capital LLC boosted its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 117.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 110,514 shares of the company’s stock after purchasing an additional 59,761 shares during the period. RBF Capital LLC owned approximately 0.26% of Thryv worth $1,662,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of THRY. XTX Topco Ltd grew its holdings in Thryv by 2.2% during the fourth quarter. XTX Topco Ltd now owns 29,665 shares of the company’s stock worth $439,000 after acquiring an additional 633 shares during the period. Summit Investment Advisors Inc. increased its holdings in shares of Thryv by 27.7% during the 4th quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company’s stock valued at $58,000 after purchasing an additional 848 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of 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 purchasing an additional 1,500 shares during the period. Corebridge Financial Inc. boosted its holdings in Thryv by 8.9% during the fourth quarter. Corebridge Financial Inc. now owns 19,984 shares of the company’s stock worth $296,000 after buying an additional 1,631 shares in the last quarter. Finally, Amalgamated Bank grew its position in 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 period. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Analyst Ratings Changes

THRY has been the topic of several recent analyst reports. Royal Bank of Canada assumed 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 on the stock. Needham & Company LLC reissued a “buy” rating and issued a $28.00 price objective on shares of Thryv in a report on Thursday, April 10th. Finally, B. Riley reduced their target price on Thryv from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Thryv presently has an average rating of “Moderate Buy” and a consensus target price of $23.20.

Thryv Stock Performance

Shares of NASDAQ:THRY opened at $11.90 on Wednesday. The business’s 50 day moving average price is $14.75 and its 200-day moving average price is $15.55. Thryv Holdings, Inc. has a 1 year low of $10.03 and a 1 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 firm has a market capitalization of $516.11 million, a PE ratio of -1.23 and a beta of 1.03.

Thryv (NASDAQ:THRY) last released its earnings results on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.26. The business had revenue of $186.60 million during the quarter, compared to analyst estimates 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 research analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal 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.