Swiss National Bank Grows Holdings in Thryv Holdings, Inc. $THRY

Swiss National Bank grew its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 14.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,400 shares of the company’s stock after buying an additional 9,600 shares during the period. Swiss National Bank owned approximately 0.18% of Thryv worth $991,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of THRY. Clarus Group Inc. purchased a new position in Thryv in the 1st quarter worth approximately $134,000. Arizona State Retirement System purchased a new position in Thryv in the 1st quarter worth approximately $146,000. ProShare Advisors LLC purchased a new position in Thryv in the 4th quarter worth approximately $167,000. Comerica Bank grew its stake in Thryv by 18.5% in the 4th quarter. Comerica Bank now owns 13,711 shares of the company’s stock worth $203,000 after buying an additional 2,143 shares in the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in Thryv in the 1st quarter worth approximately $212,000. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Insider Activity

In other Thryv news, CEO Joe Walsh purchased 8,000 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average cost of $12.90 per share, for a total transaction of $103,200.00. Following the purchase, the chief executive officer directly owned 592,232 shares in the company, valued at $7,639,792.80. The trade was a 1.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.88% of the stock is currently owned by insiders.

Analyst Ratings Changes

THRY has been the subject of a number of research reports. Needham & Company LLC cut their price objective on shares of Thryv from $28.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Wall Street Zen raised shares of Thryv from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Royal Bank Of Canada cut their price objective on shares of Thryv from $17.00 to $16.00 and set a “sector perform” rating for the company in a research note on Friday, May 2nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $21.40.

Thryv Trading Down 2.9%

NASDAQ:THRY opened at $13.10 on Wednesday. The firm has a market capitalization of $575.61 million, a P/E ratio of -5.53 and a beta of 0.94. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. The company has a fifty day moving average of $12.70 and a 200 day moving average of $13.83. Thryv Holdings, Inc. has a 52 week low of $10.02 and a 52 week high of $20.92.

Thryv (NASDAQ:THRY) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.09). Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The firm had revenue of $210.47 million for the quarter, compared to analysts’ expectations of $203.87 million. During the same period in the previous year, the company earned $0.15 EPS. The company’s quarterly revenue was down 6.1% on a year-over-year basis. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

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.