Thryv Holdings, Inc. (NASDAQ:THRY) Shares Sold by Royce & Associates LP

Royce & Associates LP cut its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 651,465 shares of the company’s stock after selling 17,671 shares during the quarter. Royce & Associates LP owned 1.55% of Thryv worth $9,642,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Quarry LP raised its stake in shares of Thryv by 1,296.3% during the 3rd quarter. Quarry LP now owns 2,248 shares of the company’s stock worth $39,000 after buying an additional 2,087 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in Thryv during the fourth quarter worth about $44,000. KBC Group NV lifted its holdings in shares of Thryv by 97.8% in the third quarter. KBC Group NV now owns 2,868 shares of the company’s stock valued at $49,000 after purchasing an additional 1,418 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Thryv by 18.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company’s stock valued at $141,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Amalgamated Bank grew its position in shares of Thryv by 17.6% in the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock valued at $169,000 after purchasing an additional 1,715 shares during the last quarter. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

Thryv Price Performance

Thryv stock opened at $15.06 on Wednesday. The stock has a market capitalization of $653.17 million, a P/E ratio of -1.56 and a beta of 0.90. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. Thryv Holdings, Inc. has a 12-month low of $13.06 and a 12-month high of $26.42. The firm’s 50-day moving average is $17.08 and its two-hundred day moving average is $16.49.

Thryv (NASDAQ:THRY) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.26. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business had revenue of $186.60 million during the quarter, compared to the consensus estimate of $183.02 million. Equities analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 target price on shares of Thryv in a research note on Wednesday, January 15th.

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.