Blair William & Co. IL Grows Stock Holdings in Thryv Holdings, Inc. $THRY

Key Points

• Blair William & Co. IL increased its stake in Thryv Holdings, Inc. by 11.3%, owning approximately 1.04% of the company worth $5,546,000 after acquiring an additional 46,119 shares.
• CEO Joe Walsh bought 8,000 shares at $12.90 each, raising their ownership in the company to 592,232 shares valued at around $7.64 million.
• Thryv's stock has seen a 12-month low of $10.02 and a high of $20.92, and the company reported a revenue of $210.47 million for the most recent quarter, although it missed analyst EPS estimates.

Blair William & Co. IL increased its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 11.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 456,057 shares of the company's stock after buying an additional 46,119 shares during the quarter. Blair William & Co. IL owned about 1.04% of Thryv worth $5,546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of Thryv by 5,199.7% during the first quarter. GAMMA Investing LLC now owns 17,012 shares of the company's stock worth $218,000 after buying an additional 16,691 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of Thryv during the first quarter worth about $212,000. Rhumbline Advisers grew its holdings in shares of Thryv by 2.5% during the first quarter. Rhumbline Advisers now owns 102,261 shares of the company's stock worth $1,310,000 after buying an additional 2,477 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Thryv by 46.4% during the first quarter. Goldman Sachs Group Inc. now owns 376,141 shares of the company's stock worth $4,818,000 after buying an additional 119,167 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Thryv by 2.4% during the first quarter. Principal Financial Group Inc. now owns 201,186 shares of the company's stock worth $2,577,000 after buying an additional 4,664 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company's stock.

Insider Activity

In related news, CEO Joe Walsh purchased 8,000 shares of Thryv stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $12.90 per share, for a total transaction of $103,200.00. Following the transaction, the chief executive officer owned 592,232 shares in the company, valued at approximately $7,639,792.80. The trade was a 1.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have purchased 10,814 shares of company stock worth $139,838. 9.88% of the stock is currently owned by company insiders.

Thryv Price Performance

Shares of THRY opened at $10.73 on Monday. Thryv Holdings, Inc. has a twelve month low of $10.02 and a twelve month high of $20.92. The stock's 50 day moving average is $12.57 and its two-hundred day moving average is $12.68. The firm has a market capitalization of $471.48 million, a PE ratio of -4.53 and a beta of 0.92. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.24.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on THRY shares. Wall Street Zen raised Thryv from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Thryv in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $20.50.

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.

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