Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New Investment in Thryv Holdings, Inc. $THRY

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,556 shares of the company’s stock, valued at approximately $128,000.

Several other large investors have also recently made changes to their positions in the stock. CWM LLC boosted its position in shares of Thryv by 567.6% during the 2nd quarter. CWM LLC now owns 8,338 shares of the company’s stock worth $101,000 after purchasing an additional 7,089 shares during the period. Goldman Sachs Group Inc. lifted its stake in Thryv by 46.4% during the first quarter. Goldman Sachs Group Inc. now owns 376,141 shares of the company’s stock worth $4,818,000 after purchasing an additional 119,167 shares in the last quarter. Peregrine Capital Management LLC lifted its stake in Thryv by 11.6% during the second quarter. Peregrine Capital Management LLC now owns 419,111 shares of the company’s stock worth $5,096,000 after purchasing an additional 43,598 shares in the last quarter. Swiss National Bank boosted its position in shares of Thryv by 14.2% during the first 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, Charles Schwab Investment Management Inc. boosted its position in shares of Thryv by 2.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 594,512 shares of the company’s stock worth $7,616,000 after buying an additional 13,824 shares during the period. 96.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

THRY has been the topic of several research analyst reports. Royal Bank Of Canada cut their price objective on Thryv from $16.00 to $13.00 and set a “sector perform” rating on the stock in a report on Friday, October 31st. Craig Hallum downgraded Thryv from a “buy” rating to a “hold” rating and set a $10.00 target price for the company. in a research report on Friday, October 31st. Weiss Ratings reiterated a “sell (d)” rating on shares of Thryv in a research note on Tuesday. Needham & Company LLC lowered their price objective on shares of Thryv from $20.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Zacks Research cut shares of Thryv from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.00.

Thryv Stock Performance

Shares of THRY opened at $5.65 on Friday. Thryv Holdings, Inc. has a 1 year low of $5.25 and a 1 year high of $20.92. The stock has a market capitalization of $246.23 million, a PE ratio of 13.78 and a beta of 0.89. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a 50-day simple moving average of $9.32 and a 200-day simple moving average of $11.67.

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

Insider Buying and Selling at Thryv

In other news, CEO Joe Walsh acquired 25,000 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was acquired at an average cost of $6.51 per share, with a total value of $162,750.00. Following the transaction, the chief executive officer owned 610,232 shares in the company, valued at approximately $3,972,610.32. This trade represents a 4.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 9.88% of the company’s stock.

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.