62,925 Shares in Thryv Holdings, Inc. (NASDAQ:THRY) Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC bought a new position in shares of Thryv Holdings, Inc. (NASDAQ:THRYGet Rating) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 62,925 shares of the company’s stock, valued at approximately $1,437,000. Los Angeles Capital Management LLC owned about 0.18% of Thryv as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of THRY. JPMorgan Chase & Co. boosted its position in Thryv by 16.8% during the first quarter. JPMorgan Chase & Co. now owns 8,580 shares of the company’s stock worth $241,000 after acquiring an additional 1,236 shares during the last quarter. Raymond James & Associates raised its stake in Thryv by 9.4% during the first quarter. Raymond James & Associates now owns 121,767 shares of the company’s stock worth $3,424,000 after purchasing an additional 10,504 shares during the period. Bank of New York Mellon Corp raised its stake in Thryv by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 164,625 shares of the company’s stock worth $4,628,000 after purchasing an additional 10,746 shares during the period. Citigroup Inc. raised its stake in Thryv by 38.5% during the first quarter. Citigroup Inc. now owns 14,957 shares of the company’s stock worth $421,000 after purchasing an additional 4,160 shares during the period. Finally, MetLife Investment Management LLC raised its stake in Thryv by 55.7% during the first quarter. MetLife Investment Management LLC now owns 5,474 shares of the company’s stock worth $154,000 after purchasing an additional 1,958 shares during the period. Institutional investors and hedge funds own 93.61% of the company’s stock.

Analyst Ratings Changes

THRY has been the topic of a number of recent analyst reports. B. Riley cut their price target on shares of Thryv from $42.00 to $36.00 and set a “buy” rating on the stock in a research note on Monday, October 24th. Robert W. Baird cut their price target on shares of Thryv from $40.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, November 7th. Finally, William Blair reaffirmed an “outperform” rating on shares of Thryv in a research note on Thursday, November 3rd.

Insider Activity

In other news, CEO Joe Walsh purchased 10,000 shares of the stock in a transaction that occurred on Thursday, December 8th. The stock was acquired at an average cost of $17.65 per share, with a total value of $176,500.00. Following the acquisition, the chief executive officer now owns 369,431 shares in the company, valued at $6,520,457.15. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 9.40% of the company’s stock.

Thryv Stock Performance

Shares of THRY stock opened at $21.00 on Monday. The company’s fifty day simple moving average is $18.94 and its 200-day simple moving average is $21.94. Thryv Holdings, Inc. has a 52 week low of $17.30 and a 52 week high of $33.05. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.03. The company has a market cap of $723.98 million, a PE ratio of 7.02 and a beta of 0.95.

Thryv (NASDAQ:THRYGet Rating) last issued its earnings results on Thursday, November 3rd. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.16). Thryv had a net margin of 9.41% and a return on equity of 29.21%. The business had revenue of $280.65 million during the quarter, compared to analysts’ expectations of $260.11 million. As a group, equities research analysts anticipate that Thryv Holdings, Inc. will post 3.34 EPS for the current year.

Thryv Profile

(Get Rating)

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses (SMBs). It operates through three segments: SaaS (Software as a Service), Marketing Services, and Thryv International. The company provides Thryv, an SMB end-to-end customer experience platform; Hub by Thryv, a solution for franchisors to offer real time oversight and day-to-day management of multiple locations; Thryv Leads, an integrated local marketing and lead generation solution, as well as related services; and ThryvPay, a payment solution that allows users to get paid through credit card and ACH.

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Institutional Ownership by Quarter for Thryv (NASDAQ:THRY)

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