Whetstone Capital Advisors LLC Sells 1,847 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Whetstone Capital Advisors LLC lowered its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 280,911 shares of the company’s stock after selling 1,847 shares during the quarter. Thryv accounts for 2.3% of Whetstone Capital Advisors LLC’s portfolio, making the stock its 16th biggest holding. Whetstone Capital Advisors LLC owned about 0.67% of Thryv worth $4,840,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of THRY. Lazard Asset Management LLC bought a new position in Thryv in the 1st quarter worth about $118,000. Price T Rowe Associates Inc. MD increased its holdings in Thryv by 0.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 423,710 shares of the company’s stock worth $9,420,000 after purchasing an additional 1,306 shares during the period. Assenagon Asset Management S.A. bought a new stake in Thryv during the 2nd quarter valued at $1,388,000. SummerHaven Investment Management LLC lifted its holdings in shares of Thryv by 2.4% in the 2nd quarter. SummerHaven Investment Management LLC now owns 29,857 shares of the company’s stock worth $532,000 after buying an additional 703 shares during the period. Finally, Louisiana State Employees Retirement System grew its position in shares of Thryv by 3.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $283,000 after buying an additional 600 shares in the last quarter. Institutional investors own 96.38% of the company’s stock.

Thryv Trading Up 3.0 %

THRY opened at $14.90 on Monday. 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 firm has a market cap of $626.40 million, a price-to-earnings ratio of -1.54 and a beta of 0.85. Thryv Holdings, Inc. has a 12 month low of $13.06 and a 12 month high of $26.42. The stock has a fifty day moving average price of $16.39 and a 200-day moving average price of $17.98.

Thryv (NASDAQ:THRY) last announced its earnings results on Thursday, November 7th. The company reported ($2.65) EPS for the quarter, missing analysts’ consensus estimates of ($2.53) by ($0.12). Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The firm had revenue of $179.85 million during the quarter, compared to the consensus estimate of $179.24 million. During the same quarter in the prior year, the firm posted ($0.78) earnings per share. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Thryv Holdings, Inc. will post -2.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on THRY shares. Robert W. Baird decreased their price objective on Thryv from $25.00 to $20.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Needham & Company LLC restated a “buy” rating and issued a $28.00 price target on shares of Thryv in a report on Friday, November 8th. Finally, Craig Hallum started coverage on shares of Thryv in a research report on Wednesday, October 2nd. They issued a “buy” rating and a $25.00 price target for the company.

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.