RBF Capital LLC Decreases Stock Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

RBF Capital LLC lowered its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 17.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,753 shares of the company’s stock after selling 10,795 shares during the quarter. RBF Capital LLC owned approximately 0.12% of Thryv worth $880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. increased its position in shares of Thryv by 143.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 27,277 shares of the company’s stock valued at $470,000 after purchasing an additional 16,077 shares during the last quarter. Harspring Capital Management LLC increased its position in shares of Thryv by 51.2% during the 3rd quarter. Harspring Capital Management LLC now owns 635,000 shares of the company’s stock valued at $10,941,000 after purchasing an additional 215,000 shares during the last quarter. Centiva Capital LP increased its position in shares of Thryv by 31.5% during the 3rd quarter. Centiva Capital LP now owns 14,778 shares of the company’s stock valued at $255,000 after purchasing an additional 3,538 shares during the last quarter. Public Sector Pension Investment Board increased its position in shares of Thryv by 4.3% during the 3rd quarter. Public Sector Pension Investment Board now owns 72,374 shares of the company’s stock valued at $1,247,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Clark Estates Inc. NY increased its position in shares of Thryv by 1.9% during the 3rd quarter. Clark Estates Inc. NY now owns 115,250 shares of the company’s stock valued at $1,986,000 after purchasing an additional 2,200 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Thryv Price Performance

THRY stock opened at $16.09 on Thursday. Thryv Holdings, Inc. has a 1-year low of $13.06 and a 1-year high of $26.42. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50 day simple moving average of $16.06 and a two-hundred day simple moving average of $17.67.

Thryv (NASDAQ:THRY) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($2.65) earnings per share for the quarter, missing the consensus estimate of ($2.53) by ($0.12). Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business had revenue of $179.85 million during the quarter, compared to the consensus estimate of $179.24 million. During the same quarter in the previous year, the company earned ($0.78) earnings per share. The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. As a group, equities analysts anticipate that Thryv Holdings, Inc. will post -2.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

THRY has been the subject of several analyst reports. Robert W. Baird reduced their target price on shares of Thryv from $25.00 to $20.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Needham & Company LLC reissued a “buy” rating and issued a $28.00 target price on shares of Thryv in a report on Wednesday. Finally, Craig Hallum initiated coverage on shares of Thryv in a report on Wednesday, October 2nd. They issued a “buy” rating and a $25.00 target price for the company.

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.