Whetstone Capital Advisors LLC Boosts Position in Thryv Holdings, Inc. $THRY

Whetstone Capital Advisors LLC boosted its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 0.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 652,733 shares of the company’s stock after acquiring an additional 2,059 shares during the quarter. Thryv accounts for about 3.7% of Whetstone Capital Advisors LLC’s portfolio, making the stock its 9th largest position. Whetstone Capital Advisors LLC owned 1.49% of Thryv worth $8,362,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Paulson & CO. Inc. grew its holdings in Thryv by 114.0% during the 4th quarter. Paulson & CO. Inc. now owns 4,280,000 shares of the company’s stock worth $63,344,000 after acquiring an additional 2,280,000 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of Thryv in the 1st quarter valued at $30,209,000. J. Goldman & Co LP bought a new stake in shares of Thryv in the 4th quarter valued at $13,654,000. Brooktree Capital Management boosted its stake in shares of Thryv by 37.7% in the 1st quarter. Brooktree Capital Management now owns 700,035 shares of the company’s stock valued at $8,967,000 after purchasing an additional 191,728 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Thryv by 2.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 594,512 shares of the company’s stock valued at $7,616,000 after purchasing an additional 13,824 shares during the last quarter. 96.38% of the stock is owned by institutional investors.

Thryv Stock Down 0.5%

Thryv stock opened at $13.16 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.24. Thryv Holdings, Inc. has a 12-month low of $10.02 and a 12-month high of $20.92. The firm’s fifty day moving average is $12.66 and its 200 day moving average is $14.00. The company has a market capitalization of $578.25 million, a PE ratio of -5.55 and a beta of 0.94.

Thryv (NASDAQ:THRY) last released its earnings results on Wednesday, July 30th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.09). Thryv had a negative net margin of 11.06% and a negative return on equity of 47.96%. The company had revenue of $210.47 million for the quarter, compared to analyst estimates of $203.87 million. During the same quarter in the previous year, the firm earned $0.15 EPS. The firm’s revenue was down 6.1% on a year-over-year basis. Thryv has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

Insider Activity

In related news, CEO Joe Walsh bought 8,000 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average price of $12.90 per share, for a total transaction of $103,200.00. Following the transaction, the chief executive officer directly owned 592,232 shares of the company’s stock, valued at approximately $7,639,792.80. The trade was a 1.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.88% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on THRY. Royal Bank Of Canada reduced their price objective on shares of Thryv from $17.00 to $16.00 and set a “sector perform” rating on the stock in a research note on Friday, May 2nd. Needham & Company LLC reduced their price objective on shares of Thryv from $28.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Finally, Wall Street Zen raised shares of Thryv from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.40.

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.