Insider Buying: Thryv (NASDAQ:THRY) Director Buys 1,000 Shares of Stock

Key Points

• Thryv Holdings, Inc. Director John Slater bought 1,000 shares of the company's stock at an average price of $12.92, increasing his total ownership to 33,870 shares.
• The stock is currently trading at approximately $12.42, with a market capitalization of $545.73 million and a recent earnings report showing a miss in per-share earnings estimates.
• Wall Street analysts recently downgraded Thryv's stock rating from "buy" to "hold", with a consensus price target of $21.40.

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) Director John Slater purchased 1,000 shares of the firm's stock in a transaction on Friday, August 29th. The stock was bought at an average price of $12.92 per share, for a total transaction of $12,920.00. Following the purchase, the director owned 33,870 shares in the company, valued at approximately $437,600.40. This represents a 3.04% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Slater also recently made the following trade(s):

• On Monday, August 25th, John Slater purchased 1,000 shares of Thryv stock. The stock was bought at an average price of $13.69 per share, for a total transaction of $13,690.00.

Thryv Price Performance

THRY stock traded down $0.44 during mid-day trading on Tuesday, hitting $12.42. The company had a trading volume of 417,879 shares, compared to its average volume of 472,822. The company has a market capitalization of $545.73 million, a price-to-earnings ratio of -5.24 and a beta of 0.94. Thryv Holdings, Inc. has a 12-month low of $10.02 and a 12-month high of $20.92. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. The company has a 50-day moving average price of $12.72 and a 200 day moving average price of $13.59.

Thryv (NASDAQ:THRY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $203.87 million. During the same quarter last year, the firm earned $0.15 earnings per share. The business's quarterly revenue was down 6.1% on a year-over-year basis. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Thryv from a "buy" rating to a "hold" rating in a report on Saturday. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Thryv currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.40.

Institutional Investors Weigh In On Thryv

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC boosted its position in Thryv by 526.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company's stock valued at $52,000 after buying an additional 3,562 shares during the period. BNP Paribas Financial Markets boosted its position in Thryv by 98.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company's stock valued at $68,000 after buying an additional 2,764 shares during the period. CWM LLC boosted its position in Thryv by 567.6% in the 2nd quarter. CWM LLC now owns 8,338 shares of the company's stock valued at $101,000 after buying an additional 7,089 shares during the period. XTX Topco Ltd purchased a new stake in Thryv in the 2nd quarter valued at about $123,000. Finally, Clarus Group Inc. purchased a new stake in Thryv in the 1st quarter valued at about $134,000. 96.38% of the stock is owned by hedge funds and other institutional investors.

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.

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