Thryv Holdings, Inc. (NASDAQ:THRY) Director Bonnie Kintzer Buys 814 Shares

Key Points

• Thryv Holdings, Inc. Director Bonnie Kintzer purchased 814 shares of stock at a price of $12.32 each, totaling approximately $10,028, which increased her holdings by 2.69% to a value of around $382,178.
• Following the purchase, Thryv's stock rose 3.5%, reaching a price of $13.38, and the company has a market cap of approximately $587.92 million.
• Thryv reported a negative EPS of $0.31 for the last quarter, missing analyst expectations, and has a consensus rating of "Moderate Buy" with an average target price of $21.40.

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) Director Bonnie Kintzer bought 814 shares of the stock in a transaction on Friday, August 1st. The stock was purchased at an average cost of $12.32 per share, with a total value of $10,028.48. Following the purchase, the director directly owned 31,021 shares of the company's stock, valued at approximately $382,178.72. This represents a 2.69% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Thryv Stock Up 0.2%

THRY traded up $0.03 during trading hours on Friday, hitting $12.87. 540,938 shares of the company's stock were exchanged, compared to its average volume of 578,196. Thryv Holdings, Inc. has a 1-year low of $10.02 and a 1-year high of $20.92. The stock's 50-day moving average is $12.70 and its two-hundred day moving average is $14.19. The stock has a market cap of $565.51 million, a price-to-earnings ratio of -5.43 and a beta of 0.94. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24.

Thryv (NASDAQ:THRY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.09). Thryv had a negative return on equity of 47.96% and a negative net margin of 11.06%. The business 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 company posted $0.15 EPS. The business's revenue for the quarter was down 6.1% compared to the same quarter last year. Sell-side analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in THRY. Summit Investment Advisors Inc. boosted its holdings in Thryv by 27.7% during the fourth quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company's stock worth $58,000 after purchasing an additional 848 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Thryv during the fourth quarter worth $92,000. CWM LLC raised its position in Thryv by 567.6% during the second quarter. CWM LLC now owns 8,338 shares of the company's stock worth $101,000 after acquiring an additional 7,089 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Thryv during the second quarter worth $128,000. Finally, Clarus Group Inc. bought a new stake in Thryv during the first quarter worth $134,000. Institutional investors and hedge funds own 96.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Needham & Company LLC reduced their price target on shares of Thryv from $28.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, May 1st. B. Riley reduced their price target on shares of Thryv from $30.00 to $26.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Wall Street Zen upgraded shares of Thryv from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Royal Bank Of Canada reduced their price target on shares of Thryv from $17.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, May 2nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus 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.