S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Thryv Holdings, Inc. (NASDAQ:THRY) Receives Consensus Recommendation of "Buy" from Brokerages

Thursday, November 25, 2021 | MarketBeat

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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Analyst Recommendations for Thryv (NASDAQ:THRY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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