Blair William & Co. IL Boosts Stake in Thryv Holdings, Inc. $THRY

Blair William & Co. IL boosted its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 11.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 456,057 shares of the company’s stock after acquiring an additional 46,119 shares during the period. Blair William & Co. IL’s holdings in Thryv were worth $5,546,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SummerHaven Investment Management LLC lifted its stake in Thryv by 2.5% in the 2nd quarter. SummerHaven Investment Management LLC now owns 47,793 shares of the company’s stock valued at $581,000 after buying an additional 1,176 shares in the last quarter. New York State Common Retirement Fund lifted its stake in Thryv by 4.5% in the 1st quarter. New York State Common Retirement Fund now owns 29,974 shares of the company’s stock valued at $384,000 after buying an additional 1,300 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Thryv by 6.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,514 shares of the company’s stock valued at $288,000 after buying an additional 1,351 shares in the last quarter. Whetstone Capital Advisors LLC lifted its stake in Thryv by 0.3% in the 1st quarter. Whetstone Capital Advisors LLC now owns 652,733 shares of the company’s stock valued at $8,362,000 after buying an additional 2,059 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in Thryv by 9.6% in the 2nd quarter. State of Alaska Department of Revenue now owns 24,493 shares of the company’s stock valued at $297,000 after buying an additional 2,148 shares in the last quarter. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on THRY. Wall Street Zen upgraded Thryv from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Thryv in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $20.50.

Thryv Trading Down 4.5%

THRY stock opened at $10.73 on Monday. The company has a market cap of $471.48 million, a price-to-earnings ratio of -4.53 and a beta of 0.92. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. The business has a fifty day simple moving average of $12.57 and a 200-day simple moving average of $12.68. Thryv Holdings, Inc. has a 52 week low of $10.02 and a 52 week high of $20.92.

Thryv (NASDAQ:THRY) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.09). The firm had revenue of $210.47 million for the quarter, compared to analyst estimates of $203.87 million. Thryv had a negative return on equity of 47.96% and a negative net margin of 11.06%.The company’s quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 earnings per share. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts expect that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

Insider Activity at Thryv

In other news, CEO Joe Walsh acquired 8,000 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was acquired at an average cost of $12.90 per share, for a total transaction of $103,200.00. Following the acquisition, the chief executive officer directly owned 592,232 shares in the company, valued at approximately $7,639,792.80. This represents a 1.37% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. In the last three months, insiders acquired 10,814 shares of company stock worth $139,838. Corporate insiders own 9.88% of the company’s stock.

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.