Rhumbline Advisers Has $1.31 Million Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Rhumbline Advisers raised its position in Thryv Holdings, Inc. (NASDAQ:THRYFree Report) by 2.5% in the first quarter, HoldingsChannel.com reports. The fund owned 102,261 shares of the company’s stock after purchasing an additional 2,477 shares during the quarter. Rhumbline Advisers’ holdings in Thryv were worth $1,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the company. XTX Topco Ltd lifted its stake in Thryv by 2.2% in the fourth quarter. XTX Topco Ltd now owns 29,665 shares of the company’s stock valued at $439,000 after acquiring an additional 633 shares during the last quarter. Summit Investment Advisors Inc. lifted its stake in Thryv by 27.7% in the fourth quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company’s stock valued at $58,000 after acquiring an additional 848 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in Thryv by 18.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company’s stock valued at $141,000 after acquiring an additional 1,500 shares during the last quarter. Corebridge Financial Inc. lifted its stake in Thryv by 8.9% in the fourth quarter. Corebridge Financial Inc. now owns 19,984 shares of the company’s stock valued at $296,000 after acquiring an additional 1,631 shares during the last quarter. Finally, Amalgamated Bank lifted its stake in Thryv by 17.6% in the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock valued at $169,000 after acquiring an additional 1,715 shares during the last quarter. Institutional investors and hedge funds own 96.38% of the company’s stock.

Insider Buying and Selling

In other Thryv news, CEO Joe Walsh purchased 5,000 shares of the stock in a transaction that occurred on Wednesday, May 7th. The shares were acquired at an average cost of $13.40 per share, with a total value of $67,000.00. Following the completion of the transaction, the chief executive officer now owns 586,043 shares in the company, valued at $7,852,976.20. The trade was a 0.86% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 9.88% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on THRY. B. Riley dropped their price objective on shares of Thryv from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Needham & Company LLC dropped their price objective on shares of Thryv from $28.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, May 1st. Finally, Royal Bank Of Canada dropped their price objective on shares of Thryv from $17.00 to $16.00 and set a “sector perform” rating on the stock in a research report on Friday, May 2nd. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.40.

Check Out Our Latest Analysis on THRY

Thryv Price Performance

Shares of THRY opened at $12.79 on Thursday. The firm has a market capitalization of $559.43 million, a PE ratio of -5.06 and a beta of 0.98. The company’s 50-day moving average is $13.18 and its 200-day moving average is $14.89. Thryv Holdings, Inc. has a fifty-two week low of $10.03 and a fifty-two week high of $20.92. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.07 and a quick ratio of 1.07.

Thryv (NASDAQ:THRYGet Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.46). Thryv had a negative return on equity of 51.25% and a negative net margin of 11.94%. The business had revenue of $181.37 million for the quarter, compared to the consensus estimate of $173.83 million. During the same period in the prior year, the business posted $0.22 earnings per share. Thryv’s revenue was down 22.3% compared to the same quarter last year. Equities analysts forecast that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

Thryv Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding THRY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Thryv Holdings, Inc. (NASDAQ:THRYFree Report).

Institutional Ownership by Quarter for Thryv (NASDAQ:THRY)

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