Quinn Opportunity Partners LLC Raises Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Quinn Opportunity Partners LLC raised its position in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 115.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 155,231 shares of the company's stock after acquiring an additional 83,229 shares during the period. Quinn Opportunity Partners LLC owned about 0.37% of Thryv worth $2,297,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Thryv by 22.5% in the 4th quarter. Vanguard Group Inc. now owns 2,983,416 shares of the company's stock worth $44,155,000 after buying an additional 548,864 shares in the last quarter. Samjo Management LLC lifted its holdings in Thryv by 7.7% during the 4th quarter. Samjo Management LLC now owns 2,249,345 shares of the company's stock valued at $33,290,000 after purchasing an additional 160,185 shares during the last quarter. State Street Corp boosted its position in Thryv by 2.0% in the third quarter. State Street Corp now owns 1,159,541 shares of the company's stock valued at $19,979,000 after buying an additional 22,460 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Thryv by 31.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company's stock valued at $16,135,000 after buying an additional 262,111 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Thryv by 17.9% during the 4th quarter. Geode Capital Management LLC now owns 904,224 shares of the company's stock worth $13,386,000 after acquiring an additional 137,087 shares during the last quarter. Institutional investors and hedge funds own 96.38% of the company's stock.

Wall Street Analyst Weigh In

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

Thryv Price Performance

THRY stock traded up $0.56 during midday trading on Thursday, reaching $12.02. The company had a trading volume of 138,911 shares, compared to its average volume of 377,208. The stock has a 50 day moving average price of $15.37 and a 200-day moving average price of $15.70. The company has a market capitalization of $521.41 million, a price-to-earnings ratio of -1.24 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 1-year low of $10.03 and a 1-year high of $26.42.

Thryv (NASDAQ:THRY - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.26. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $186.60 million for the quarter, compared to the consensus estimate of $183.02 million. Equities research analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

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.