American Century Companies Inc. Has $10.51 Million Stock Position in Thryv Holdings, Inc. $THRY

American Century Companies Inc. boosted its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 1,010.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 864,246 shares of the company’s stock after acquiring an additional 786,445 shares during the period. American Century Companies Inc. owned 1.97% of Thryv worth $10,509,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Thryv by 0.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,111,892 shares of the company’s stock valued at $13,999,000 after purchasing an additional 2,957 shares during the last quarter. CenterBook Partners LP lifted its holdings in Thryv by 93.4% in the second quarter. CenterBook Partners LP now owns 859,954 shares of the company’s stock valued at $10,457,000 after buying an additional 415,282 shares during the period. Brooktree Capital Management boosted its position in Thryv by 2.2% during the second quarter. Brooktree Capital Management now owns 715,630 shares of the company’s stock valued at $8,702,000 after acquiring an additional 15,595 shares during the last quarter. Whetstone Capital Advisors LLC grew its holdings in Thryv by 0.3% during the 1st quarter. Whetstone Capital Advisors LLC now owns 652,733 shares of the company’s stock worth $8,362,000 after acquiring an additional 2,059 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Thryv by 2.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 594,512 shares of the company’s stock worth $7,616,000 after acquiring an additional 13,824 shares in the last quarter. Institutional investors own 96.38% of the company’s stock.

Insider Buying and Selling

In related news, CEO Joe Walsh purchased 25,000 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $6.51 per share, for a total transaction of $162,750.00. Following the purchase, the chief executive officer directly owned 610,232 shares in the company, valued at approximately $3,972,610.32. This trade represents a 4.27% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 9.88% of the company’s stock.

Thryv Price Performance

Shares of NASDAQ:THRY opened at $5.75 on Friday. Thryv Holdings, Inc. has a 1-year low of $5.25 and a 1-year high of $20.92. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.17. The stock’s fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $11.43. The stock has a market cap of $250.59 million, a PE ratio of 14.02 and a beta of 0.88.

Thryv (NASDAQ:THRY) last posted its earnings results on Thursday, October 30th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.30). The firm had revenue of $201.56 million for the quarter, compared to the consensus estimate of $200.81 million. Thryv had a return on equity of 8.64% and a net margin of 2.29%.Thryv’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($2.65) EPS. As a group, analysts forecast that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Craig Hallum cut Thryv from a “buy” rating to a “hold” rating and set a $10.00 target price for the company. in a research note on Friday, October 31st. Needham & Company LLC cut their price target on Thryv from $20.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. William Blair lowered shares of Thryv from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 4th. Wall Street Zen raised shares of Thryv from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, B. Riley reduced their price target on shares of Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $13.00.

About Thryv

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.