Thryv Holdings, Inc. (NASDAQ:THRY) Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its position in Thryv Holdings, Inc. (NASDAQ:THRY) by 0.2% during the third quarter, Holdings Channel reports. The firm owned 845,306 shares of the company’s stock after acquiring an additional 1,714 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Thryv were worth $14,565,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Louisiana State Employees Retirement System increased its holdings in Thryv by 3.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $283,000 after buying an additional 600 shares during the period. SummerHaven Investment Management LLC boosted its holdings in shares of Thryv by 2.4% in the 2nd quarter. SummerHaven Investment Management LLC now owns 29,857 shares of the company’s stock valued at $532,000 after acquiring an additional 703 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Thryv by 9.3% in the second quarter. The Manufacturers Life Insurance Company now owns 12,636 shares of the company’s stock worth $225,000 after acquiring an additional 1,078 shares during the period. Swiss National Bank raised its holdings in shares of Thryv by 1.7% during the first quarter. Swiss National Bank now owns 65,900 shares of the company’s stock worth $1,465,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Thryv by 1.1% during the second quarter. Sei Investments Co. now owns 120,249 shares of the company’s stock valued at $2,143,000 after purchasing an additional 1,284 shares during the period. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

THRY has been the subject of a number of recent research reports. Craig Hallum started coverage on Thryv in a research note on Wednesday, October 2nd. They set a “buy” rating and a $25.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and set a $28.00 price target on shares of Thryv in a research report on Friday, August 2nd.

Thryv Stock Up 0.5 %

THRY stock opened at $17.58 on Friday. The firm’s fifty day moving average is $17.69 and its 200 day moving average is $19.11. The firm has a market cap of $629.91 million, a PE ratio of -2.34 and a beta of 0.81. Thryv Holdings, Inc. has a one year low of $15.82 and a one year high of $26.42. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.14 and a current ratio of 1.14.

Thryv (NASDAQ:THRY) last posted its earnings results on Thursday, August 1st. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.30). The business had revenue of $224.08 million for the quarter, compared to analyst estimates of $221.78 million. Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. Thryv’s revenue was down 10.9% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share.

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.