Thryv Holdings, Inc. (NASDAQ:THRY) Director Mudrick Capital Management, L. sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 12th. The stock was sold at an average price of $35.50, for a total value of $1,775,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Mudrick Capital Management, L. also recently made the following trade(s):
- On Monday, January 10th, Mudrick Capital Management, L. sold 50,000 shares of Thryv stock. The shares were sold at an average price of $36.00, for a total value of $1,800,000.00.
- On Monday, November 15th, Mudrick Capital Management, L. sold 45,000 shares of Thryv stock. The shares were sold at an average price of $35.50, for a total value of $1,597,500.00.
THRY opened at $33.30 on Friday. The stock’s 50-day moving average price is $37.38 and its 200 day moving average price is $33.36. Thryv Holdings, Inc. has a 12-month low of $16.88 and a 12-month high of $42.99. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.78. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 5.56 and a beta of -0.04.
Several analysts have issued reports on the company. Zacks Investment Research upgraded Thryv from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a report on Thursday. B. Riley upped their target price on Thryv from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 12th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $42.42.
Hedge funds have recently bought and sold shares of the business. Citigroup Inc. raised its position in Thryv by 184.1% in the 3rd quarter. Citigroup Inc. now owns 875 shares of the company’s stock valued at $26,000 after purchasing an additional 567 shares in the last quarter. Bank of America Corp DE raised its position in Thryv by 33.7% in the 2nd quarter. Bank of America Corp DE now owns 1,365 shares of the company’s stock valued at $49,000 after purchasing an additional 344 shares in the last quarter. Deutsche Bank AG acquired a new stake in Thryv in the 2nd quarter valued at about $144,000. American International Group Inc. raised its position in Thryv by 15.7% in the 3rd quarter. American International Group Inc. now owns 4,193 shares of the company’s stock valued at $126,000 after purchasing an additional 568 shares in the last quarter. Finally, New York State Common Retirement Fund acquired a new stake in Thryv in the 2nd quarter valued at about $200,000. 86.25% of the stock is currently owned by institutional investors.
Thryv Company Profile
Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses (SMBs) in the United States. The company operates through three segments: SaaS (Software as a Service), Marketing Services, and Thryv International. The SaaS segment provides Thryv, an SMB end-to-end customer experience platform, which is integrated with Google; and ThryvPay, a payment solution that allows users to get paid through credit card and ACH.
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