Thryv Holdings, Inc. (NASDAQ:THRY) Position Boosted by Public Sector Pension Investment Board

Public Sector Pension Investment Board lifted its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 8.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 69,374 shares of the company’s stock after purchasing an additional 5,164 shares during the period. Public Sector Pension Investment Board’s holdings in Thryv were worth $1,236,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of THRY. SageView Advisory Group LLC acquired a new stake in Thryv during the first quarter worth about $54,000. Lazard Asset Management LLC acquired a new stake in Thryv during the first quarter worth about $118,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Thryv by 78.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company’s stock worth $134,000 after acquiring an additional 3,303 shares during the period. Quest Partners LLC acquired a new stake in Thryv during the second quarter worth about $143,000. Finally, XTX Topco Ltd acquired a new stake in Thryv during the second quarter worth about $190,000. Institutional investors own 96.38% of the company’s stock.

Thryv Price Performance

THRY opened at $17.07 on Wednesday. The company’s 50-day moving average price is $17.95 and its 200 day moving average price is $19.68. Thryv Holdings, Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $26.42. The firm has a market cap of $619.64 million, a price-to-earnings ratio of -2.27 and a beta of 0.82. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.58.

Thryv (NASDAQ:THRY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.30). The company had revenue of $224.08 million during the quarter, compared to the consensus estimate of $221.78 million. Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. The company’s revenue was down 10.9% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reiterated a “buy” rating and set a $28.00 price objective on shares of Thryv in a research note on Friday, August 2nd.

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.