Victory Capital Management Inc. Has $758,000 Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Victory Capital Management Inc. decreased its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 26.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,527 shares of the company’s stock after selling 15,570 shares during the quarter. Victory Capital Management Inc. owned about 0.12% of Thryv worth $758,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its stake in Thryv by 26.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 624,728 shares of the company’s stock valued at $12,713,000 after acquiring an additional 130,107 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in 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 in the last quarter. Wittenberg Investment Management Inc. grew its holdings in Thryv by 41.8% during the 4th quarter. Wittenberg Investment Management Inc. now owns 28,834 shares of the company’s stock valued at $587,000 after buying an additional 8,500 shares in the last quarter. S Squared Technology LLC grew its holdings in Thryv by 13.5% during the 4th quarter. S Squared Technology LLC now owns 252,383 shares of the company’s stock valued at $5,136,000 after buying an additional 30,000 shares in the last quarter. Finally, Harspring Capital Management LLC grew its holdings in shares of Thryv by 23.2% during the fourth quarter. Harspring Capital Management LLC now owns 345,000 shares of the company’s stock worth $7,021,000 after purchasing an additional 65,000 shares in the last quarter. Institutional investors and hedge funds own 96.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a “buy” rating and issued a $28.00 target price on shares of Thryv in a research report on Friday, August 2nd.

Thryv Trading Down 2.9 %

NASDAQ THRY opened at $18.29 on Friday. Thryv Holdings, Inc. has a 12 month low of $15.82 and a 12 month high of $26.42. The stock has a market cap of $655.35 million, a P/E ratio of -2.43 and a beta of 0.82. The stock’s fifty day moving average price is $18.10 and its 200-day moving average price is $19.93. 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) last posted its earnings results on Thursday, August 1st. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.30). Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. The firm had revenue of $224.08 million during the quarter, compared to the consensus estimate of $221.78 million. During the same period in the prior year, the company posted $0.43 EPS. The firm’s revenue was down 10.9% compared to the same quarter last 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.