Kennedy Capital Management LLC Has $2.40 Million Stock Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Kennedy Capital Management LLC grew its holdings in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 94.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 162,219 shares of the company's stock after purchasing an additional 78,686 shares during the period. Kennedy Capital Management LLC owned approximately 0.39% of Thryv worth $2,401,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB acquired a new position in Thryv during the fourth quarter worth about $44,000. KLP Kapitalforvaltning AS acquired a new stake in Thryv in the fourth quarter valued at approximately $92,000. Oregon Public Employees Retirement Fund grew its stake in shares of Thryv by 18.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company's stock worth $141,000 after buying an additional 1,500 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Thryv by 17.6% during the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock worth $169,000 after buying an additional 1,715 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new position in shares of Thryv in the 4th quarter valued at $174,000. Institutional investors and hedge funds own 96.38% of the company's stock.

Thryv Trading Up 5.3 %

Shares of Thryv stock traded up $0.61 during trading on Friday, hitting $12.07. The company's stock had a trading volume of 439,136 shares, compared to its average volume of 380,689. The stock has a market cap 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 current ratio of 1.04 and a quick ratio of 1.04. Thryv Holdings, Inc. has a 52 week low of $10.03 and a 52 week high of $26.42. The stock has a 50-day moving average price of $15.06 and a two-hundred day moving average price of $15.63.

Thryv (NASDAQ:THRY - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.26. The firm had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. Equities research analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.