Thryv Holdings, Inc. (NASDAQ:THRY) Shares Acquired by Public Sector Pension Investment Board

Public Sector Pension Investment Board lifted its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 8.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,374 shares of the company’s stock after buying an additional 5,164 shares during the period. Public Sector Pension Investment Board owned approximately 0.19% of Thryv worth $1,236,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD boosted its position in Thryv by 0.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 423,710 shares of the company’s stock worth $9,420,000 after purchasing an additional 1,306 shares during the period. Harspring Capital Management LLC boosted its position in Thryv by 7.7% during the 2nd quarter. Harspring Capital Management LLC now owns 420,000 shares of the company’s stock worth $7,484,000 after purchasing an additional 30,000 shares during the period. Brooktree Capital Management boosted its position in Thryv by 5.9% during the 1st quarter. Brooktree Capital Management now owns 379,898 shares of the company’s stock worth $8,445,000 after purchasing an additional 21,276 shares during the period. Blair William & Co. IL boosted its position in Thryv by 95.8% during the 2nd quarter. Blair William & Co. IL now owns 355,790 shares of the company’s stock worth $6,340,000 after purchasing an additional 174,090 shares during the period. Finally, S Squared Technology LLC boosted its position in Thryv by 13.5% during the 4th quarter. S Squared Technology LLC now owns 252,383 shares of the company’s stock worth $5,136,000 after purchasing an additional 30,000 shares during the period. 96.38% of the stock is owned by hedge funds and other institutional investors.

Thryv Stock Performance

NASDAQ:THRY opened at $17.07 on Wednesday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a 50-day moving average of $17.95 and a two-hundred day moving average of $19.68. The stock has a market cap of $619.64 million, a P/E ratio of -2.27 and a beta of 0.82. Thryv Holdings, Inc. has a 1-year low of $15.82 and a 1-year high of $26.42.

Thryv (NASDAQ:THRY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates 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 quarterly revenue was down 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.43 earnings per share.

Analyst Upgrades and Downgrades

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

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.