American Century Companies Inc. Buys 7,970 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

American Century Companies Inc. increased its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 14.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 64,473 shares of the company’s stock after purchasing an additional 7,970 shares during the period. American Century Companies Inc. owned 0.15% of Thryv worth $954,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Thryv by 31.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company’s stock worth $16,135,000 after buying an additional 262,111 shares in the last quarter. LB Partners LLC purchased a new stake in Thryv in the 4th quarter worth approximately $2,956,000. Peregrine Capital Management LLC boosted its holdings in Thryv by 91.0% in the 4th quarter. Peregrine Capital Management LLC now owns 396,038 shares of the company’s stock valued at $5,861,000 after purchasing an additional 188,718 shares during the period. Brooktree Capital Management grew its position in shares of Thryv by 24.7% during the 4th quarter. Brooktree Capital Management now owns 508,307 shares of the company’s stock valued at $7,523,000 after purchasing an additional 100,577 shares in the last quarter. Finally, Parthenon LLC bought a new position in shares of Thryv in the fourth quarter worth $1,431,000. Institutional investors own 96.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on THRY shares. Royal Bank of Canada started coverage on Thryv in a research note on Thursday, March 27th. They set a “sector perform” rating and a $17.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and set a $28.00 price target on shares of Thryv in a research report on Thursday.

Thryv Stock Down 3.8 %

Shares of NASDAQ:THRY opened at $11.29 on Friday. The firm has a market capitalization of $489.66 million, a PE ratio of -1.17 and a beta of 1.03. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. Thryv Holdings, Inc. has a 52-week low of $10.03 and a 52-week high of $26.42. The firm has a fifty day moving average of $15.94 and a 200 day moving average of $15.85.

Thryv (NASDAQ:THRY) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.26. The firm had revenue of $186.60 million during the quarter, compared to analysts’ expectations of $183.02 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. As a group, research analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

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.