Thryv Holdings, Inc. (NASDAQ:THRY) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC trimmed its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 35.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,809 shares of the company’s stock after selling 16,981 shares during the quarter. Los Angeles Capital Management LLC owned 0.09% of Thryv worth $685,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. VitalStone Financial LLC acquired a new position in Thryv during the fourth quarter worth about $422,000. Harspring Capital Management LLC increased its stake in shares of Thryv by 23.2% during the 4th quarter. Harspring Capital Management LLC now owns 345,000 shares of the company’s stock valued at $7,021,000 after acquiring an additional 65,000 shares during the last quarter. S Squared Technology LLC raised its stake in Thryv by 13.5% during the fourth quarter. S Squared Technology LLC now owns 252,383 shares of the company’s stock worth $5,136,000 after purchasing an additional 30,000 shares during the period. Wittenberg Investment Management Inc. boosted its holdings in shares of Thryv by 41.8% in the 4th quarter. Wittenberg Investment Management Inc. now owns 28,834 shares of the company’s stock valued at $587,000 after purchasing an additional 8,500 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Thryv by 2.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,689,114 shares of the company’s stock valued at $34,374,000 after buying an additional 43,101 shares during the period. 96.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Joe Walsh acquired 2,500 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were purchased at an average price of $21.11 per share, for a total transaction of $52,775.00. Following the acquisition, the chief executive officer now directly owns 500,567 shares of the company’s stock, valued at approximately $10,566,969.37. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

THRY has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $28.00 target price on shares of Thryv in a report on Wednesday, May 15th. TheStreet downgraded shares of Thryv from a “c-” rating to a “d” rating in a research report on Friday, March 1st.

Thryv Stock Performance

NASDAQ:THRY opened at $18.16 on Tuesday. Thryv Holdings, Inc. has a twelve month low of $15.99 and a twelve month high of $26.42. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.15 and a current ratio of 1.15. The firm’s fifty day simple moving average is $21.29 and its 200 day simple moving average is $20.94.

Thryv (NASDAQ:THRY) last posted its earnings results on Thursday, May 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.15). The company had revenue of $233.62 million during the quarter, compared to analyst estimates of $226.66 million. Thryv had a negative net margin of 28.75% and a positive return on equity of 3.07%. Thryv’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.25 EPS. As a group, research analysts expect that Thryv Holdings, Inc. will post 0.25 earnings per share for the current year.

Thryv 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.