Thryv Holdings, Inc. (NASDAQ:THRY) Shares Purchased by Whetstone Capital Advisors LLC

Whetstone Capital Advisors LLC raised its position in Thryv Holdings, Inc. (NASDAQ:THRY) by 131.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 650,674 shares of the company’s stock after purchasing an additional 369,763 shares during the quarter. Thryv accounts for approximately 3.1% of Whetstone Capital Advisors LLC’s holdings, making the stock its 9th largest holding. Whetstone Capital Advisors LLC owned 1.55% of Thryv worth $9,630,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of THRY. Quarry LP lifted its stake in 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 acquiring an additional 2,087 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Thryv in the fourth quarter worth $44,000. KLP Kapitalforvaltning AS acquired a new position in Thryv during the fourth quarter worth $92,000. Oregon Public Employees Retirement Fund grew its position in 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 increased its stake in Thryv by 17.6% in the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock valued at $169,000 after buying an additional 1,715 shares during the last quarter. 96.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

THRY has been the subject of a number of recent research reports. Royal Bank of Canada began coverage on Thryv in a report on Thursday, March 27th. They issued a “sector perform” rating and a $17.00 price objective for the company. Needham & Company LLC restated a “buy” rating and issued a $28.00 price target on shares of Thryv in a research note on Thursday.

Thryv Stock Down 3.8 %

Thryv stock opened at $11.29 on Friday. Thryv Holdings, Inc. has a fifty-two week low of $10.03 and a fifty-two week high of $26.42. The firm has a market capitalization of $489.66 million, a PE ratio of -1.17 and a beta of 1.03. The company’s 50-day moving average is $15.94 and its 200-day moving average is $15.85. 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 released its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.26. The company had revenue of $186.60 million during the quarter, compared to analysts’ expectations of $183.02 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. Sell-side analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

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.