Thryv Holdings, Inc. (NASDAQ:THRY) Given Average Recommendation of “Hold” by Analysts

Shares of Thryv Holdings, Inc. (NASDAQ:THRY) have been given an average recommendation of “Hold” by the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $13.00.

THRY has been the topic of a number of analyst reports. Wall Street Zen downgraded shares of Thryv from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Thryv in a research report on Monday, December 29th. B. Riley Financial reduced their price objective on shares of Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Royal Bank Of Canada decreased their price objective on shares of Thryv from $16.00 to $13.00 and set a “sector perform” rating for the company in a research note on Friday, October 31st. Finally, Zacks Research upgraded Thryv from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th.

Thryv Stock Down 0.8%

THRY stock opened at $3.59 on Wednesday. The firm has a market capitalization of $156.45 million, a PE ratio of 8.76 and a beta of 0.87. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.17. Thryv has a twelve month low of $3.45 and a twelve month high of $20.92. The stock’s 50 day moving average is $5.21 and its 200-day moving average is $8.59.

Institutional Investors Weigh In On Thryv

Several large investors have recently made changes to their positions in the business. Bullseye Asset Management LLC increased its stake in Thryv by 0.9% in the 2nd quarter. Bullseye Asset Management LLC now owns 115,984 shares of the company’s stock worth $1,410,000 after acquiring an additional 1,000 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Thryv by 8.0% during the second quarter. The Manufacturers Life Insurance Company now owns 13,887 shares of the company’s stock worth $169,000 after purchasing an additional 1,023 shares in the last quarter. Swiss National Bank increased its position in shares of Thryv by 1.7% in the second quarter. Swiss National Bank now owns 78,700 shares of the company’s stock worth $957,000 after purchasing an additional 1,300 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Thryv by 6.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,514 shares of the company’s stock valued at $288,000 after purchasing an additional 1,351 shares in the last quarter. Finally, Sei Investments Co. lifted its position in Thryv by 1.2% during the third quarter. Sei Investments Co. now owns 221,548 shares of the company’s stock valued at $2,672,000 after purchasing an additional 2,576 shares during the last quarter. 96.38% of the stock is owned by hedge funds and other institutional investors.

About Thryv

Thryv Holdings, Inc (NASDAQ:THRY) is a software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform. Headquartered in Dallas, Texas, the company delivers cloud-based software designed to simplify administrative tasks and enable business owners to engage with customers across multiple channels.

At the core of Thryv’s offerings is its flagship Thryv software platform, which combines customer relationship management (CRM) tools, automated marketing and social media management, online scheduling, invoicing and payment processing.