Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) Director Amer Akhtar purchased 1,200 shares of Thryv stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of $18.46 per share, with a total value of $22,152.00. Following the completion of the acquisition, the director now owns 20,535 shares in the company, valued at $379,076.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Thryv Stock Up 2.6 %
THRY stock opened at $18.84 on Friday. The firm has a market cap of $675.06 million, a PE ratio of -2.51 and a beta of 0.82. Thryv Holdings, Inc. has a 1 year low of $15.82 and a 1 year high of $26.42. The company has a fifty day simple moving average of $18.04 and a 200 day simple moving average of $19.96. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.58.
Thryv (NASDAQ:THRY - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.30). The company had revenue of $224.08 million for the quarter, compared to the consensus estimate of $221.78 million. Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. Thryv's quarterly 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.
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Separately, Needham & Company LLC reaffirmed a "buy" rating and set a $28.00 price objective on shares of Thryv in a research report on Friday, August 2nd.
View Our Latest Report on THRY
Institutional Investors Weigh In On Thryv
Several institutional investors and hedge funds have recently added to or reduced their stakes in THRY. SageView Advisory Group LLC bought a new position in shares of Thryv in the first quarter valued at approximately $54,000. Point72 DIFC Ltd bought a new stake in shares of Thryv during the 2nd quarter worth $100,000. Lazard Asset Management LLC acquired a new position in Thryv in the 1st quarter valued at $118,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Thryv by 78.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company's stock worth $134,000 after acquiring an additional 3,303 shares during the period. Finally, Quest Partners LLC bought a new position in Thryv in the 2nd quarter worth $143,000. 96.38% of the stock is currently owned by institutional investors and hedge funds.
Thryv Company Profile
(
Get Free Report)
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.
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