Thryv Holdings, Inc. $THRY Stock Holdings Increased by Public Sector Pension Investment Board

Key Points

• Public Sector Pension Investment Board increased its stake in Thryv Holdings, Inc. by 27.3% during Q1, owning approximately 0.29% of the company valued at $1.64 million.
• CEO Joe Walsh purchased 8,000 shares of Thryv for about $103,200, increasing their total ownership to nearly $7.64 million.
• Analysts have mixed ratings for Thryv, with an average rating of "Moderate Buy" and a price target of $21.40, following a recent earnings miss and a revenue decline of 6.1% year-over-year.

Public Sector Pension Investment Board increased its position in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 27.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 127,874 shares of the company's stock after acquiring an additional 27,394 shares during the period. Public Sector Pension Investment Board owned approximately 0.29% of Thryv worth $1,638,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Summit Investment Advisors Inc. grew its position in Thryv by 27.7% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company's stock valued at $58,000 after buying an additional 848 shares in the last quarter. Clarus Group Inc. bought a new position in Thryv in the 1st quarter valued at about $134,000. Arizona State Retirement System bought a new position in Thryv in the 1st quarter valued at about $146,000. ProShare Advisors LLC bought a new position in Thryv in the 4th quarter valued at about $167,000. Finally, Comerica Bank grew its position in Thryv by 18.5% in the 4th quarter. Comerica Bank now owns 13,711 shares of the company's stock valued at $203,000 after buying an additional 2,143 shares in the last quarter. Institutional investors and hedge funds own 96.38% of the company's stock.

Thryv Trading Down 0.1%

THRY stock traded down $0.01 during mid-day trading on Wednesday, reaching $13.09. 463,863 shares of the stock traded hands, compared to its average volume of 562,179. 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 Holdings, Inc. has a 52-week low of $10.02 and a 52-week high of $20.92. The company has a market cap of $575.17 million, a P/E ratio of -5.52 and a beta of 0.94. The stock's fifty day moving average is $12.70 and its 200-day moving average is $13.83.

Thryv (NASDAQ:THRY - Get Free Report) last posted 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). Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The firm had revenue of $210.47 million for the quarter, compared to analysts' expectations of $203.87 million. During the same period in the prior year, the company posted $0.15 earnings per share. Thryv's quarterly revenue was down 6.1% compared to the same quarter last year. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Needham & Company LLC decreased their target price on shares of Thryv from $28.00 to $20.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Wall Street Zen upgraded shares of Thryv from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Royal Bank Of Canada decreased their target price on shares of Thryv from $17.00 to $16.00 and set a "sector perform" rating for the company in a research report on Friday, May 2nd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.40.

Insider Buying and Selling

In other news, CEO Joe Walsh acquired 8,000 shares of Thryv stock in a transaction on Friday, August 1st. The stock was bought at an average cost of $12.90 per share, with a total value of $103,200.00. Following the completion of the purchase, the chief executive officer owned 592,232 shares of the company's stock, valued at $7,639,792.80. This represents a 1.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought 9,814 shares of company stock worth $126,918 over the last ninety days. 9.88% of the stock is currently owned by corporate insiders.

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.