Thryv Holdings, Inc. (NASDAQ:THRY) has received a consensus rating of "Buy" from the six research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $42.71.
THRY has been the subject of a number of research analyst reports. Robert W. Baird lifted their price target on shares of Thryv from $43.00 to $46.00 and gave the company an "outperform" rating in a report on Thursday, August 12th. Zacks Investment Research raised shares of Thryv from a "strong sell" rating to a "hold" rating in a research report on Wednesday, October 13th. Finally, B. Riley boosted their price target on shares of Thryv from $45.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, November 12th.
NASDAQ THRY opened at $38.14 on Thursday. Thryv has a 1 year low of $9.60 and a 1 year high of $41.86. The stock has a market capitalization of $1.30 billion and a PE ratio of 6.37. The business's 50-day moving average is $31.24 and its 200 day moving average is $31.01.
Thryv (NASDAQ:THRY) last released its quarterly earnings data on Thursday, November 11th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.19. As a group, equities analysts anticipate that Thryv will post 2.62 EPS for the current year.
In other news, Director Amer Akhtar acquired 1,000 shares of the business's stock in a transaction that occurred on Thursday, September 16th. The shares were bought at an average cost of $29.74 per share, with a total value of $29,740.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mudrick Capital Management, L. sold 917,000 shares of the company's stock in a transaction that occurred on Wednesday, September 1st. The stock was sold at an average price of $31.23, for a total transaction of $28,637,910.00. The disclosure for this sale can be found here. Insiders have sold 974,244 shares of company stock valued at $30,616,076 in the last three months. Insiders own 59.20% of the company's stock.
A number of large investors have recently modified their holdings of the business. Citigroup Inc. boosted its holdings in Thryv by 184.1% in the third quarter. Citigroup Inc. now owns 875 shares of the company's stock worth $26,000 after purchasing an additional 567 shares during the last quarter. UBS Group AG bought a new position in shares of Thryv during the 1st quarter valued at $26,000. Bank of America Corp DE lifted its holdings in shares of Thryv by 33.7% during the 2nd quarter. Bank of America Corp DE now owns 1,365 shares of the company's stock valued at $49,000 after buying an additional 344 shares during the period. Deutsche Bank AG bought a new position in shares of Thryv during the 2nd quarter valued at $144,000. Finally, American International Group Inc. lifted its holdings in shares of Thryv by 15.7% during the 3rd quarter. American International Group Inc. now owns 4,193 shares of the company's stock valued at $126,000 after buying an additional 568 shares during the period. 85.42% of the stock is owned by institutional investors and hedge funds.
Thryv Company Profile
Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses (SMBs) in the United States. The company operates through three segments: SaaS (Software as a Service), Marketing Services, and Thryv International. The SaaS segment provides Thryv, an SMB end-to-end customer experience platform, which is integrated with Google; and ThryvPay, a payment solution that allows users to get paid through credit card and ACH.
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