Quinn Opportunity Partners LLC Purchases 83,229 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Quinn Opportunity Partners LLC grew its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 115.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 155,231 shares of the company’s stock after purchasing an additional 83,229 shares during the quarter. Quinn Opportunity Partners LLC owned about 0.37% of Thryv worth $2,297,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of THRY. Vanguard Group Inc. grew its position in shares of Thryv by 22.5% in the fourth quarter. Vanguard Group Inc. now owns 2,983,416 shares of the company’s stock valued at $44,155,000 after purchasing an additional 548,864 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Thryv by 31.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company’s stock valued at $16,135,000 after buying an additional 262,111 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Thryv by 317.1% during the fourth quarter. Renaissance Technologies LLC now owns 321,200 shares of the company’s stock valued at $4,754,000 after buying an additional 244,200 shares during the period. LB Partners LLC purchased a new stake in shares of Thryv in the fourth quarter worth about $2,956,000. Finally, Peregrine Capital Management LLC boosted its position in shares of Thryv by 91.0% in the fourth quarter. Peregrine Capital Management LLC now owns 396,038 shares of the company’s stock valued at $5,861,000 after acquiring an additional 188,718 shares during the period. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Thryv Stock Up 0.8 %

Shares of NASDAQ THRY opened at $11.38 on Friday. The stock has a market capitalization of $493.56 million, a P/E ratio of -1.18 and a beta of 1.03. The firm’s 50 day simple moving average is $15.79 and its two-hundred day simple moving average is $15.81. Thryv Holdings, Inc. has a one year low of $10.03 and a one year high of $26.42. 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 (NASDAQ:THRY) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.26. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The firm had revenue of $186.60 million during the quarter, compared to the consensus estimate of $183.02 million. As a group, analysts expect that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

THRY has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 target price on shares of Thryv in a report on Thursday. Royal Bank of Canada initiated coverage on shares of Thryv in a report on Thursday, March 27th. They issued a “sector perform” rating and a $17.00 price target on the stock.

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.