Strs Ohio Sells 5,700 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Strs Ohio reduced its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 25.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,700 shares of the company’s stock after selling 5,700 shares during the quarter. Strs Ohio’s holdings in Thryv were worth $339,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Los Angeles Capital Management LLC raised its stake in shares of Thryv by 1.1% in the third quarter. Los Angeles Capital Management LLC now owns 58,452 shares of the company’s stock worth $1,097,000 after buying an additional 631 shares during the period. Rhumbline Advisers lifted its holdings in Thryv by 0.8% during the third quarter. Rhumbline Advisers now owns 97,177 shares of the company’s stock valued at $1,824,000 after purchasing an additional 802 shares in the last quarter. Swiss National Bank boosted its position in shares of Thryv by 1.3% in the third quarter. Swiss National Bank now owns 72,800 shares of the company’s stock worth $1,366,000 after purchasing an additional 900 shares during the period. Kennedy Capital Management LLC increased its stake in shares of Thryv by 0.6% in the third quarter. Kennedy Capital Management LLC now owns 157,449 shares of the company’s stock worth $2,955,000 after purchasing an additional 923 shares in the last quarter. Finally, Brooktree Capital Management raised its position in shares of Thryv by 0.7% during the 3rd quarter. Brooktree Capital Management now owns 390,332 shares of the company’s stock valued at $7,327,000 after purchasing an additional 2,612 shares during the period. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

Thryv Stock Up 2.4 %

THRY opened at $23.40 on Tuesday. Thryv Holdings, Inc. has a 52 week low of $15.99 and a 52 week high of $26.01. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.83. The firm has a 50-day simple moving average of $21.87 and a two-hundred day simple moving average of $20.19. The company has a market capitalization of $832.10 million, a PE ratio of -3.12 and a beta of 0.95.

Thryv (NASDAQ:THRY) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.09). The firm had revenue of $236.16 million for the quarter, compared to analysts’ expectations of $231.77 million. Thryv had a negative net margin of 28.28% and a positive return on equity of 2.82%. The business’s quarterly revenue was down 15.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.51 EPS. Analysts forecast that Thryv Holdings, Inc. will post 0.79 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on THRY. TheStreet lowered Thryv from a “c-” rating to a “d” rating in a research note on Friday, March 1st. Needham & Company LLC reissued a “buy” rating and set a $42.00 target price on shares of Thryv in a research note on Thursday, January 18th.

Insider Buying and Selling

In other Thryv news, CEO Joe Walsh acquired 5,000 shares of the stock in a transaction on Monday, February 26th. The stock was acquired at an average price of $19.01 per share, for a total transaction of $95,050.00. Following the completion of the transaction, the chief executive officer now directly owns 501,172 shares of the company’s stock, valued at $9,527,279.72. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.80% of the stock is currently owned by company insiders.

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.