Ancient Art L.P. grew its position in Thryv Holdings, Inc. (NASDAQ:THRY – Free Report) by 19.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,560,908 shares of the company’s stock after buying an additional 251,449 shares during the quarter. Thryv comprises 2.1% of Ancient Art L.P.’s portfolio, making the stock its 11th biggest position. Ancient Art L.P.’s holdings in Thryv were worth $9,443,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently bought and sold shares of THRY. Massachusetts Financial Services Co. MA raised its position in Thryv by 27.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,822,888 shares of the company’s stock worth $17,078,000 after purchasing an additional 602,127 shares during the last quarter. Jane Street Group LLC raised its position in Thryv by 842.1% in the 4th quarter. Jane Street Group LLC now owns 653,650 shares of the company’s stock worth $3,955,000 after purchasing an additional 584,269 shares during the last quarter. Brooktree Capital Management raised its position in Thryv by 61.5% in the 4th quarter. Brooktree Capital Management now owns 1,358,938 shares of the company’s stock worth $8,222,000 after purchasing an additional 517,597 shares during the last quarter. HRT Financial LP bought a new position in Thryv in the 4th quarter worth approximately $1,921,000. Finally, Wittenberg Investment Management Inc. raised its position in Thryv by 331.1% in the 4th quarter. Wittenberg Investment Management Inc. now owns 395,234 shares of the company’s stock worth $2,391,000 after purchasing an additional 303,550 shares during the last quarter. Institutional investors own 96.38% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Royal Bank Of Canada dropped their price objective on shares of Thryv from $13.00 to $7.00 and set a “sector perform” rating for the company in a research report on Friday, February 20th. Needham & Company LLC dropped their price objective on shares of Thryv from $14.00 to $6.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Zacks Research raised shares of Thryv from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Weiss Ratings raised shares of Thryv from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, May 4th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Thryv presently has an average rating of “Hold” and a consensus target price of $9.50.
Thryv Price Performance
THRY opened at $3.53 on Thursday. The company has a fifty day moving average price of $3.56 and a two-hundred day moving average price of $4.13. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.23 and a current ratio of 1.23. Thryv Holdings, Inc. has a 52 week low of $1.91 and a 52 week high of $14.28. The firm has a market capitalization of $156.56 million, a PE ratio of 11.03 and a beta of 0.93.
Thryv (NASDAQ:THRY – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.16. Thryv had a net margin of 1.88% and a return on equity of 6.58%. The firm had revenue of $167.68 million during the quarter, compared to analyst estimates of $161.69 million. As a group, analysts anticipate that Thryv Holdings, Inc. will post 0.55 earnings per share for the current year.
Thryv Profile
Thryv Holdings, Inc (NASDAQ:THRY) is a software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform. Headquartered in Dallas, Texas, the company delivers cloud-based software designed to simplify administrative tasks and enable business owners to engage with customers across multiple channels.
At the core of Thryv’s offerings is its flagship Thryv software platform, which combines customer relationship management (CRM) tools, automated marketing and social media management, online scheduling, invoicing and payment processing.
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