Barclays PLC Purchases 52,821 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Barclays PLC increased its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 397.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,126 shares of the company’s stock after purchasing an additional 52,821 shares during the period. Barclays PLC’s holdings in Thryv were worth $1,140,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC increased its stake in Thryv by 1.3% in the 3rd quarter. FMR LLC now owns 5,425,792 shares of the company’s stock worth $93,486,000 after buying an additional 71,174 shares in the last quarter. State Street Corp boosted its stake in shares of Thryv by 2.0% in the third quarter. State Street Corp now owns 1,159,541 shares of the company’s stock worth $19,979,000 after acquiring an additional 22,460 shares during the period. Harspring Capital Management LLC grew its position in shares of Thryv by 51.2% during the third quarter. Harspring Capital Management LLC now owns 635,000 shares of the company’s stock worth $10,941,000 after purchasing an additional 215,000 shares in the last quarter. Brooktree Capital Management raised its stake in Thryv by 7.1% during the 3rd quarter. Brooktree Capital Management now owns 407,730 shares of the company’s stock valued at $7,025,000 after purchasing an additional 27,018 shares during the period. Finally, Blair William & Co. IL lifted its holdings in Thryv by 95.8% in the 2nd quarter. Blair William & Co. IL now owns 355,790 shares of the company’s stock worth $6,340,000 after purchasing an additional 174,090 shares in the last quarter. 96.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on THRY. Robert W. Baird lowered their target price on shares of Thryv from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Needham & Company LLC reissued a “buy” rating and set a $28.00 price objective on shares of Thryv in a report on Wednesday, December 4th. Finally, Craig Hallum initiated coverage on Thryv in a research report on Wednesday, October 2nd. They set a “buy” rating and a $25.00 price objective for the company.

Thryv Stock Up 0.1 %

Shares of NASDAQ THRY opened at $14.84 on Monday. Thryv Holdings, Inc. has a 1 year low of $13.06 and a 1 year high of $26.42. The firm has a 50-day simple moving average of $15.40 and a two-hundred day simple moving average of $16.97. The company has a market cap of $623.95 million, a P/E ratio of -1.53 and a beta of 0.86. 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 posted its quarterly earnings data on Thursday, November 7th. The company reported ($2.65) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.53) by ($0.12). Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $179.85 million for the quarter, compared to analysts’ expectations of $179.24 million. During the same quarter in the previous year, the firm earned ($0.78) EPS. Thryv’s revenue was down 2.2% compared to the same quarter last year. Research analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

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.