Thryv Holdings, Inc. (NASDAQ:THRY) Shares Sold by Phocas Financial Corp.

Phocas Financial Corp. lowered its position in Thryv Holdings, Inc. (NASDAQ:THRY) by 85.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,377 shares of the company’s stock after selling 138,066 shares during the quarter. Phocas Financial Corp. owned 0.06% of Thryv worth $361,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in THRY. Quarry LP lifted its stake in shares of Thryv by 1,296.3% in the 3rd quarter. Quarry LP now owns 2,248 shares of the company’s stock valued at $39,000 after purchasing an additional 2,087 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Thryv in the 4th quarter valued at approximately $44,000. KBC Group NV increased its holdings in shares of Thryv by 97.8% in the 3rd quarter. KBC Group NV now owns 2,868 shares of the company’s stock valued at $49,000 after acquiring an additional 1,418 shares during the last quarter. Amalgamated Bank grew its stake in Thryv by 17.6% during the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock worth $169,000 after buying an additional 1,715 shares during the last quarter. Finally, Yousif Capital Management LLC grew its stake in Thryv by 17.6% during the 4th quarter. Yousif Capital Management LLC now owns 14,976 shares of the company’s stock worth $222,000 after buying an additional 2,242 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Thryv Stock Up 2.8 %

NASDAQ:THRY opened at $18.61 on Thursday. The firm has a market capitalization of $782.46 million, a price-to-earnings ratio of -1.92 and a beta of 0.90. Thryv Holdings, Inc. has a 1-year low of $13.06 and a 1-year high of $26.42. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70. The business’s fifty day moving average price is $16.64 and its 200 day moving average price is $16.68.

Thryv Company 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.