Thryv (NASDAQ:THRY) CFO Purchases $32,900.00 in Stock

Thryv Holdings, Inc. (NASDAQ:THRY) CFO Paul Rouse purchased 14,000 shares of Thryv stock in a transaction that occurred on Monday, March 2nd. The shares were bought at an average price of $2.35 per share, with a total value of $32,900.00. Following the transaction, the chief financial officer owned 349,079 shares in the company, valued at approximately $820,335.65. The trade was a 4.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Thryv Price Performance

THRY stock opened at $3.18 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.08. Thryv Holdings, Inc. has a 12-month low of $1.91 and a 12-month high of $17.10. The business’s 50-day moving average is $4.50 and its 200 day moving average is $7.75.

Thryv (NASDAQ:THRY) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.40 by ($0.62). The firm had revenue of $191.62 million for the quarter, compared to analysts’ expectations of $191.25 million. Thryv had a return on equity of 0.14% and a net margin of 0.04%. As a group, equities analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Institutional Trading of Thryv

Large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its stake in shares of Thryv by 2,516.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 3,114 shares of the company’s stock worth $38,000 after acquiring an additional 2,995 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Thryv by 526.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock valued at $52,000 after acquiring an additional 3,562 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Thryv in the fourth quarter valued at about $59,000. Quarry LP grew its holdings in shares of Thryv by 787.2% in the third quarter. Quarry LP now owns 5,066 shares of the company’s stock valued at $61,000 after purchasing an additional 4,495 shares during the period. Finally, Quotient Wealth Partners LLC acquired a new stake in Thryv during the fourth quarter worth about $63,000. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

THRY has been the topic of a number of research reports. Needham & Company LLC decreased their price objective on Thryv from $14.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Zacks Research raised shares of Thryv from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Wall Street Zen cut shares of Thryv from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Thryv in a research note on Monday, December 29th. Finally, Royal Bank Of Canada lowered their price target on shares of Thryv from $13.00 to $7.00 and set a “sector perform” rating on the stock in a research report on Friday, February 20th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.50.

About Thryv

Thryv Holdings, Inc (NASDAQ:THRY) is a software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform. Headquartered in Dallas, Texas, the company delivers cloud-based software designed to simplify administrative tasks and enable business owners to engage with customers across multiple channels.

At the core of Thryv’s offerings is its flagship Thryv software platform, which combines customer relationship management (CRM) tools, automated marketing and social media management, online scheduling, invoicing and payment processing.