Thryv Holdings, Inc. (NASDAQ:THRY) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its stake in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 317.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 321,200 shares of the company's stock after purchasing an additional 244,200 shares during the period. Renaissance Technologies LLC owned approximately 0.76% of Thryv worth $4,754,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Thryv in the 4th quarter worth approximately $44,000. KLP Kapitalforvaltning AS purchased a new position in shares of Thryv in the fourth quarter valued at $92,000. Oregon Public Employees Retirement Fund raised its stake in shares of Thryv by 18.7% during the 4th 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 grew its stake in Thryv by 17.6% in the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company's stock valued at $169,000 after acquiring an additional 1,715 shares during the last quarter. Finally, EntryPoint Capital LLC purchased a new position in Thryv during the 4th quarter valued at about $174,000. 96.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $28.00 price target on shares of Thryv in a research report on Thursday, April 10th. Royal Bank of Canada initiated coverage on Thryv in a report on Thursday, March 27th. They set a "sector perform" rating and a $17.00 target price on the stock. Finally, B. Riley cut their price target on Thryv from $30.00 to $26.00 and set a "buy" rating for the company in a report on Tuesday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Thryv currently has an average rating of "Moderate Buy" and an average price target of $23.20.

Thryv Trading Up 3.8 %

THRY traded up $0.49 during trading on Friday, hitting $13.43. The company's stock had a trading volume of 414,320 shares, compared to its average volume of 388,442. Thryv Holdings, Inc. has a twelve month low of $10.03 and a twelve month high of $26.42. The stock has a market cap of $587.31 million, a PE ratio of -1.39 and a beta of 1.03. The firm's 50 day moving average price is $14.33 and its 200-day moving average price is $15.48. 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 (NASDAQ:THRY - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.26. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The firm had revenue of $186.60 million for the quarter, compared to analyst estimates of $183.02 million. On average, analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

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.