Thryv Holdings, Inc. (NASDAQ:THRY) Shares Sold by Whetstone Capital Advisors LLC

Whetstone Capital Advisors LLC lowered its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 0.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,911 shares of the company’s stock after selling 1,847 shares during the quarter. Thryv comprises approximately 2.3% of Whetstone Capital Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Whetstone Capital Advisors LLC’s holdings in Thryv were worth $4,840,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of THRY. KBC Group NV grew its holdings in shares of Thryv by 97.8% during the third quarter. KBC Group NV now owns 2,868 shares of the company’s stock valued at $49,000 after buying an additional 1,418 shares during the last quarter. Point72 DIFC Ltd acquired a new position in shares of Thryv in the second quarter valued at about $100,000. Lazard Asset Management LLC purchased a new position in shares of Thryv in the first quarter worth about $118,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Thryv by 78.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company’s stock worth $134,000 after purchasing an additional 3,303 shares during the period. Finally, Quest Partners LLC purchased a new stake in Thryv in the second quarter valued at approximately $143,000. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on THRY. Needham & Company LLC reissued a “buy” rating and set a $28.00 price target on shares of Thryv in a research report on Friday, November 8th. Craig Hallum began coverage on shares of Thryv in a report on Wednesday, October 2nd. They set a “buy” rating and a $25.00 target price for the company. Finally, Robert W. Baird lowered their price target on shares of Thryv from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, November 8th.

Thryv Trading Up 3.0 %

Thryv stock opened at $14.90 on Monday. The firm has a market cap of $626.40 million, a PE ratio of -1.54 and a beta of 0.85. Thryv Holdings, Inc. has a 12 month low of $13.06 and a 12 month high of $26.42. The stock’s 50 day simple moving average is $16.39 and its two-hundred day simple moving average is $17.98. 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) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($2.65) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.53) by ($0.12). The firm had revenue of $179.85 million for the quarter, compared to analysts’ expectations of $179.24 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period last year, the company posted ($0.78) earnings per share. Analysts anticipate that Thryv Holdings, Inc. will post -2.17 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.