Harspring Capital Management LLC Acquires 247,500 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Harspring Capital Management LLC boosted its holdings in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 39.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 882,500 shares of the company's stock after acquiring an additional 247,500 shares during the quarter. Thryv accounts for about 3.7% of Harspring Capital Management LLC's investment portfolio, making the stock its 12th biggest position. Harspring Capital Management LLC owned about 2.10% of Thryv worth $13,061,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in THRY. MassMutual Private Wealth & Trust FSB bought a new stake in Thryv during the fourth quarter worth about $44,000. Summit Investment Advisors Inc. increased its holdings in Thryv by 27.7% during the 4th quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company's stock valued at $58,000 after purchasing an additional 848 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Thryv in the 4th quarter valued at $92,000. Oregon Public Employees Retirement Fund boosted its stake in Thryv by 18.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company's stock worth $141,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in Thryv by 17.6% in the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock worth $169,000 after purchasing an additional 1,715 shares in the last quarter. Institutional investors and hedge funds own 96.38% of the company's stock.

Thryv Trading Up 5.3 %

Thryv stock traded up $0.61 during trading hours on Friday, reaching $12.07. 439,136 shares of the company's stock traded hands, compared to its average volume of 381,802. The firm has a market capitalization of $523.49 million, a price-to-earnings ratio of -1.25 and a beta of 1.03. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. Thryv Holdings, Inc. has a fifty-two week low of $10.03 and a fifty-two week high of $26.42. The firm's 50 day moving average is $15.06 and its 200-day moving average is $15.62.

Thryv (NASDAQ:THRY - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.26. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. On average, analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Analyst Ratings Changes

THRY has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $28.00 price target on shares of Thryv in a report on Thursday, April 10th. Royal Bank of Canada began coverage on shares of Thryv in a research report on Thursday, March 27th. They set a "sector perform" rating and a $17.00 target price on the stock.

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.