Cwm LLC Buys 7,089 Shares of Thryv Holdings, Inc. $THRY

Cwm LLC grew its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 567.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,338 shares of the company’s stock after purchasing an additional 7,089 shares during the quarter. Cwm LLC’s holdings in Thryv were worth $101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in THRY. Principal Financial Group Inc. increased its position in shares of Thryv by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 201,186 shares of the company’s stock valued at $2,577,000 after purchasing an additional 4,664 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Thryv by 4.9% in the 1st quarter. Bank of New York Mellon Corp now owns 216,677 shares of the company’s stock worth $2,776,000 after acquiring an additional 10,176 shares in the last quarter. Arizona State Retirement System purchased a new stake in Thryv in the 1st quarter worth approximately $146,000. New York State Common Retirement Fund increased its holdings in Thryv by 4.5% in the 1st quarter. New York State Common Retirement Fund now owns 29,974 shares of the company’s stock worth $384,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA purchased a new stake in Thryv in the 1st quarter worth approximately $30,209,000. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Thryv Trading Down 5.6%

Shares of THRY opened at $7.71 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.15 and a quick ratio of 1.20. Thryv Holdings, Inc. has a 1 year low of $7.55 and a 1 year high of $20.92. The company has a 50 day simple moving average of $11.96 and a two-hundred day simple moving average of $12.63. The firm has a market cap of $338.78 million, a P/E ratio of 18.81 and a beta of 0.92.

Thryv (NASDAQ:THRY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.30). Thryv had a net margin of 2.29% and a return on equity of 8.64%. The company had revenue of $201.56 million for the quarter, compared to analysts’ expectations of $200.81 million. During the same period last year, the business earned ($2.65) earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Thryv has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on THRY shares. William Blair reissued an “outperform” rating on shares of Thryv in a report on Friday, October 17th. Craig Hallum lowered shares of Thryv from a “buy” rating to a “hold” rating and set a $10.00 target price for the company. in a report on Friday. Royal Bank Of Canada reduced their target price on shares of Thryv from $16.00 to $13.00 and set a “sector perform” rating for the company in a report on Friday. Needham & Company LLC reduced their target price on shares of Thryv from $20.00 to $14.00 and set a “buy” rating for the company in a report on Thursday. Finally, B. Riley reduced their target price on shares of Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a report on Friday. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Thryv has an average rating of “Hold” and an average price target of $14.40.

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.