Thryv Holdings, Inc. (NASDAQ:THRY) Director Purchases $22,152.00 in Stock

Thryv Holdings, Inc. (NASDAQ:THRY) Director Amer Akhtar bought 1,200 shares of the stock in a transaction on Wednesday, September 18th. The shares were acquired at an average cost of $18.46 per share, for a total transaction of $22,152.00. Following the completion of the transaction, the director now directly owns 20,535 shares of the company’s stock, valued at $379,076.10. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Thryv Price Performance

Shares of Thryv stock opened at $18.29 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.58. The firm has a fifty day simple moving average of $18.10 and a 200-day simple moving average of $19.93. The stock has a market capitalization of $655.35 million, a price-to-earnings ratio of -2.43 and a beta of 0.82. Thryv Holdings, Inc. has a 1-year low of $15.82 and a 1-year high of $26.42.

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

Institutional Trading of Thryv

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its holdings in Thryv by 26.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 624,728 shares of the company’s stock valued at $12,713,000 after purchasing an additional 130,107 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Thryv by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,689,114 shares of the company’s stock valued at $34,374,000 after buying an additional 43,101 shares during the period. Wittenberg Investment Management Inc. grew its position in Thryv by 41.8% during the fourth quarter. Wittenberg Investment Management Inc. now owns 28,834 shares of the company’s stock worth $587,000 after buying an additional 8,500 shares in the last quarter. S Squared Technology LLC increased its stake in Thryv by 13.5% during the fourth quarter. S Squared Technology LLC now owns 252,383 shares of the company’s stock valued at $5,136,000 after acquiring an additional 30,000 shares during the period. Finally, Harspring Capital Management LLC raised its holdings in Thryv by 23.2% in the 4th quarter. Harspring Capital Management LLC now owns 345,000 shares of the company’s stock valued at $7,021,000 after acquiring an additional 65,000 shares in the last quarter. Institutional investors and hedge funds own 96.38% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Thryv

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.