Parthenon LLC Purchases New Shares in Thryv Holdings, Inc. (NASDAQ:THRY)

Parthenon LLC bought a new position in Thryv Holdings, Inc. (NASDAQ:THRY) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 96,673 shares of the company’s stock, valued at approximately $1,431,000. Parthenon LLC owned about 0.23% of Thryv as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of THRY. Peregrine Capital Management LLC boosted its position in Thryv by 91.0% in the fourth quarter. Peregrine Capital Management LLC now owns 396,038 shares of the company’s stock worth $5,861,000 after purchasing an additional 188,718 shares during the last quarter. Acuitas Investments LLC bought a new position in Thryv during the fourth quarter valued at about $588,000. Principal Financial Group Inc. increased its holdings in Thryv by 21.7% during the fourth quarter. Principal Financial Group Inc. now owns 196,522 shares of the company’s stock worth $2,909,000 after buying an additional 35,073 shares during the last quarter. Rhumbline Advisers raised its position in Thryv by 7.6% in the fourth quarter. Rhumbline Advisers now owns 99,784 shares of the company’s stock worth $1,477,000 after acquiring an additional 7,036 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in Thryv by 31.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company’s stock valued at $16,135,000 after acquiring an additional 262,111 shares during the last quarter. 96.38% of the stock is owned by institutional investors.

Thryv Trading Down 2.9 %

NASDAQ THRY opened at $18.85 on Thursday. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. The company’s 50 day moving average is $16.33 and its 200-day moving average is $16.62. Thryv Holdings, Inc. has a 12-month low of $13.06 and a 12-month high of $26.42.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on THRY shares. Robert W. Baird lowered their price target on shares of Thryv from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Needham & Company LLC restated a “buy” rating and issued a $28.00 target price on shares of Thryv in a research note on Wednesday, January 15th.

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.