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

Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 29,034 shares of the company's stock, valued at approximately $430,000. Gilder Gagnon Howe & Co. LLC owned 0.07% of Thryv as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Thryv by 22.5% during the 4th quarter. Vanguard Group Inc. now owns 2,983,416 shares of the company's stock worth $44,155,000 after buying an additional 548,864 shares in the last quarter. Samjo Management LLC increased its position in shares of Thryv by 7.7% during the fourth quarter. Samjo Management LLC now owns 2,249,345 shares of the company's stock worth $33,290,000 after acquiring an additional 160,185 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Thryv by 31.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company's stock valued at $16,135,000 after acquiring an additional 262,111 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Thryv by 17.9% in the fourth quarter. Geode Capital Management LLC now owns 904,224 shares of the company's stock valued at $13,386,000 after purchasing an additional 137,087 shares during the period. Finally, Harspring Capital Management LLC grew its stake in Thryv by 39.0% during the 4th quarter. Harspring Capital Management LLC now owns 882,500 shares of the company's stock worth $13,061,000 after purchasing an additional 247,500 shares in the last quarter. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

Thryv Stock Up 9.4 %

Shares of NASDAQ THRY traded up $1.17 during midday trading on Friday, hitting $13.61. 1,100,466 shares of the company's stock were exchanged, compared to its average volume of 405,745. The firm's fifty day simple moving average is $13.82 and its 200-day simple moving average is $15.33. The company has a market cap of $595.18 million, a PE ratio of -1.41 and a beta of 1.03. Thryv Holdings, Inc. has a twelve month low of $10.03 and a twelve month high of $23.36. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04.

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

Wall Street Analyst Weigh In

THRY has been the topic of a number of analyst reports. Needham & Company LLC decreased their price objective on Thryv from $28.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday. Royal Bank of Canada decreased their price target on shares of Thryv from $17.00 to $16.00 and set a "sector perform" rating for the company in a research note on Friday. Finally, B. Riley dropped their price objective on shares of Thryv from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Thryv currently has a consensus rating of "Moderate Buy" and an average price target of $21.40.

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.