Gilder Gagnon Howe & Co. LLC Takes $430,000 Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Gilder Gagnon Howe & Co. LLC acquired a new stake in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,034 shares of the company's stock, valued at approximately $430,000. Gilder Gagnon Howe & Co. LLC owned about 0.07% of Thryv at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in THRY. Barclays PLC lifted its position in Thryv by 397.0% during the third quarter. Barclays PLC now owns 66,126 shares of the company's stock valued at $1,140,000 after purchasing an additional 52,821 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Thryv by 3.0% in the 3rd quarter. Principal Financial Group Inc. now owns 161,449 shares of the company's stock valued at $2,782,000 after purchasing an additional 4,705 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Thryv by 15.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company's stock valued at $3,828,000 after purchasing an additional 28,909 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in Thryv in the 4th quarter worth $44,000. Finally, LB Partners LLC bought a new stake in Thryv in the fourth quarter worth $2,956,000. Institutional investors own 96.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Needham & Company LLC decreased their price target on Thryv from $28.00 to $20.00 and set a "buy" rating on the stock in a research note on Thursday. B. Riley lowered their price target on shares of Thryv from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Royal Bank of Canada started coverage on shares of Thryv in a report on Thursday, March 27th. They set a "sector perform" rating and a $17.00 price target on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $21.60.

Thryv Stock Performance

Shares of THRY traded down $1.26 on Thursday, reaching $12.44. The company's stock had a trading volume of 1,902,040 shares, compared to its average volume of 402,741. Thryv Holdings, Inc. has a 12-month low of $10.03 and a 12-month high of $26.42. The stock has a market capitalization of $544.01 million, a P/E ratio of -1.29 and a beta of 1.03. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. The stock's 50 day simple moving average is $14.03 and its two-hundred day simple moving average is $15.41.

Thryv (NASDAQ:THRY - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.46). Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The company had revenue of $181.37 million for the quarter, compared to the consensus estimate of $173.83 million. During the same period in the prior year, the firm posted $0.22 EPS. The business's revenue for the quarter was down 22.3% on a year-over-year basis. Research analysts forecast that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

About Thryv

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.