Insider Buying: Thryv Holdings, Inc. (NASDAQ:THRY) Director Buys $11,571.00 in Stock

Thryv Holdings, Inc. (NASDAQ:THRY) Director John Slater purchased 700 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of $16.53 per share, with a total value of $11,571.00. Following the acquisition, the director now owns 20,535 shares of the company’s stock, valued at approximately $339,443.55. The trade was a 3.53 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Thryv Price Performance

THRY stock opened at $16.69 on Friday. The business has a fifty day moving average of $16.98 and a two-hundred day moving average of $16.65. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70. The stock has a market cap of $723.86 million, a price-to-earnings ratio of -1.73 and a beta of 0.90. Thryv Holdings, Inc. has a 52-week low of $13.06 and a 52-week high of $26.42.

Thryv (NASDAQ:THRY) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.26. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business had revenue of $186.60 million during the quarter, compared to analysts’ expectations of $183.02 million. As a group, research analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price target on shares of Thryv in a report on Wednesday, January 15th.

Institutional Investors Weigh In On Thryv

Institutional investors have recently modified their holdings of the company. Louisiana State Employees Retirement System boosted its holdings in Thryv by 3.8% in the third quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the company’s stock valued at $284,000 after purchasing an additional 600 shares during the period. XTX Topco Ltd boosted its holdings in Thryv by 2.2% in the fourth quarter. XTX Topco Ltd now owns 29,665 shares of the company’s stock valued at $439,000 after purchasing an additional 633 shares during the period. Summit Investment Advisors Inc. boosted its holdings in Thryv by 27.7% in the fourth quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company’s stock valued at $58,000 after purchasing an additional 848 shares during the period. State of Alaska Department of Revenue boosted its holdings in Thryv by 5.2% in the third quarter. State of Alaska Department of Revenue now owns 19,473 shares of the company’s stock valued at $335,000 after purchasing an additional 960 shares during the period. Finally, KBC Group NV boosted its holdings in Thryv by 97.8% in the third quarter. KBC Group NV now owns 2,868 shares of the company’s stock valued at $49,000 after purchasing an additional 1,418 shares during the period. 96.38% of the stock is owned by institutional investors and hedge funds.

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.