Thryv Holdings, Inc. (NASDAQ:THRY) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lessened its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 79.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,929 shares of the company's stock after selling 128,450 shares during the period. Alliancebernstein L.P. owned approximately 0.08% of Thryv worth $487,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blair William & Co. IL lifted its holdings in shares of Thryv by 9.5% during the 4th quarter. Blair William & Co. IL now owns 390,546 shares of the company's stock valued at $5,780,000 after acquiring an additional 33,883 shares in the last quarter. JPMorgan Chase & Co. raised its position in Thryv by 22.4% in the fourth quarter. JPMorgan Chase & Co. now owns 271,874 shares of the company's stock valued at $4,024,000 after purchasing an additional 49,697 shares during the period. EntryPoint Capital LLC acquired a new position in shares of Thryv during the fourth quarter worth about $174,000. Prudential Financial Inc. boosted its position in shares of Thryv by 13.3% in the fourth quarter. Prudential Financial Inc. now owns 52,296 shares of the company's stock worth $774,000 after buying an additional 6,150 shares during the period. Finally, Corebridge Financial Inc. grew its stake in shares of Thryv by 8.9% in the fourth quarter. Corebridge Financial Inc. now owns 19,984 shares of the company's stock valued at $296,000 after buying an additional 1,631 shares in the last quarter. 96.38% of the stock is currently owned by institutional investors and hedge funds.

Thryv Stock Up 0.0 %

THRY stock traded up $0.01 during mid-day trading on Friday, hitting $12.95. 57,900 shares of the company were exchanged, compared to its average volume of 385,920. The firm has a fifty day simple moving average of $14.45 and a 200 day simple moving average of $15.50. The company has a market capitalization of $566.10 million, a PE ratio of -1.34 and a beta of 1.03. Thryv Holdings, Inc. has a twelve month low of $10.03 and a twelve month high of $26.42. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70.

Thryv (NASDAQ:THRY - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.19 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 business had revenue of $186.60 million during the quarter, compared to the consensus estimate of $183.02 million. On average, research analysts forecast that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Needham & Company LLC restated a "buy" rating and issued a $28.00 price target on shares of Thryv in a report on Thursday, April 10th. B. Riley decreased their target price on shares of Thryv from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Tuesday. Finally, Royal Bank of Canada assumed 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. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $23.20.

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.