Skylands Capital LLC Has $1.01 Million Stock Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Skylands Capital LLC boosted its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,000 shares of the company’s stock after purchasing an additional 3,050 shares during the quarter. Skylands Capital LLC owned about 0.16% of Thryv worth $1,006,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parthenon LLC acquired a new position in shares of Thryv in the 4th quarter valued at approximately $1,431,000. Peregrine Capital Management LLC lifted its stake in Thryv by 91.0% during the fourth quarter. Peregrine Capital Management LLC now owns 396,038 shares of the company’s stock worth $5,861,000 after purchasing an additional 188,718 shares during the last quarter. Acuitas Investments LLC acquired a new stake in shares of Thryv in the 4th quarter valued at $588,000. Principal Financial Group Inc. lifted its position in shares of Thryv by 21.7% during the 4th quarter. Principal Financial Group Inc. now owns 196,522 shares of the company’s stock worth $2,909,000 after buying an additional 35,073 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of Thryv by 7.6% during the 4th quarter. Rhumbline Advisers now owns 99,784 shares of the company’s stock valued at $1,477,000 after purchasing an additional 7,036 shares during the last quarter. Institutional investors and hedge funds own 96.38% of the company’s stock.

Wall Street Analyst Weigh In

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

Thryv Trading Down 5.1 %

Shares of THRY stock opened at $18.15 on Monday. 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 stock has a market cap of $763.03 million, a price-to-earnings ratio of -1.88 and a beta of 0.90. The stock has a 50-day moving average of $16.44 and a 200-day moving average of $16.65.

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.