American Century Companies Inc. Acquires 13,328 Shares of Thryv Holdings, Inc. $THRY

American Century Companies Inc. lifted its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 20.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 77,801 shares of the company’s stock after purchasing an additional 13,328 shares during the period. American Century Companies Inc. owned approximately 0.18% of Thryv worth $997,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of THRY. Fox Run Management L.L.C. acquired a new stake in Thryv in the first quarter worth about $189,000. Public Sector Pension Investment Board lifted its position in Thryv by 27.3% during the 1st quarter. Public Sector Pension Investment Board now owns 127,874 shares of the company’s stock valued at $1,638,000 after purchasing an additional 27,394 shares during the period. Nuveen LLC bought a new position in shares of Thryv in the 1st quarter valued at about $1,050,000. Swiss National Bank grew its position in shares of Thryv by 14.2% during the 1st quarter. Swiss National Bank now owns 77,400 shares of the company’s stock worth $991,000 after buying an additional 9,600 shares during the period. Finally, Wittenberg Investment Management Inc. raised its stake in shares of Thryv by 32.8% during the first quarter. Wittenberg Investment Management Inc. now owns 80,934 shares of the company’s stock worth $1,037,000 after buying an additional 20,000 shares during the last quarter. Institutional investors and hedge funds own 96.38% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Thryv from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $21.40.

Insider Transactions at Thryv

In related news, CEO Joe Walsh acquired 8,000 shares of the stock in a transaction dated Friday, August 1st. The stock was bought at an average price of $12.90 per share, with a total value of $103,200.00. Following the completion of the transaction, the chief executive officer directly owned 592,232 shares of the company’s stock, valued at approximately $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. Over the last three months, insiders purchased 10,814 shares of company stock worth $139,838. 9.88% of the stock is currently owned by corporate insiders.

Thryv Price Performance

THRY opened at $12.41 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. Thryv Holdings, Inc. has a 12 month low of $10.02 and a 12 month high of $20.92. The company has a fifty day simple moving average of $12.73 and a 200 day simple moving average of $13.58. The stock has a market cap of $545.25 million, a P/E ratio of -5.24 and a beta of 0.94.

Thryv (NASDAQ:THRY) last posted its 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 return on equity of 47.96% and a negative net margin of 11.06%.The business had revenue of $210.47 million for the quarter, compared to the consensus estimate of $203.87 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business’s 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 expect that Thryv Holdings, Inc. will post -2.24 EPS for the current 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.