5,608 Shares in Thryv Holdings, Inc. (NASDAQ:THRY) Bought by Point72 DIFC Ltd

Point72 DIFC Ltd purchased a new stake in Thryv Holdings, Inc. (NASDAQ:THRY) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,608 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors have also recently made changes to their positions in the company. Blair William & Co. IL acquired a new position in Thryv during the 1st quarter worth approximately $4,039,000. Renaissance Technologies LLC bought a new position in shares of Thryv in the 2nd quarter worth $2,816,000. Millennium Management LLC grew its position in Thryv by 78.8% in the 2nd quarter. Millennium Management LLC now owns 178,807 shares of the company’s stock valued at $3,186,000 after purchasing an additional 78,793 shares during the period. Assenagon Asset Management S.A. bought a new stake in Thryv during the 2nd quarter valued at $1,388,000. Finally, Harspring Capital Management LLC raised its holdings in Thryv by 23.2% during the fourth quarter. Harspring Capital Management LLC now owns 345,000 shares of the company’s stock worth $7,021,000 after buying an additional 65,000 shares during the last quarter. Institutional investors and hedge funds own 96.38% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “buy” rating and set a $28.00 target price on shares of Thryv in a research report on Friday, August 2nd.

Thryv Stock Down 0.9 %

THRY stock opened at $17.07 on Wednesday. The stock’s 50 day moving average is $17.95 and its 200-day moving average is $19.68. Thryv Holdings, Inc. has a twelve month low of $15.82 and a twelve month high of $26.42. The firm has a market capitalization of $619.64 million, a PE ratio of -2.27 and a beta of 0.82. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.58.

Thryv (NASDAQ:THRY) last announced its earnings results on Thursday, August 1st. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.30). The firm had revenue of $224.08 million during the quarter, compared to analysts’ expectations of $221.78 million. Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. The business’s revenue for the quarter was down 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 EPS.

About Thryv

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.