Thryv Holdings, Inc. (NASDAQ:THRY) Shares Bought by Blair William & Co. IL

Blair William & Co. IL grew its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 95.8% in the second quarter, Holdings Channel reports. The institutional investor owned 355,790 shares of the company’s stock after buying an additional 174,090 shares during the period. Blair William & Co. IL’s holdings in Thryv were worth $6,340,000 as of its most recent filing with the SEC.

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

Thryv Trading Down 2.9 %

Shares of THRY opened at $18.29 on Friday. The firm’s 50-day moving average is $18.10 and its two-hundred day moving average is $19.93. Thryv Holdings, Inc. has a twelve month low of $15.82 and a twelve month high of $26.42. 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 market capitalization of $655.35 million, a P/E ratio of -2.43 and a beta of 0.82.

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

Wall Street Analysts Forecast Growth

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

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.