Quest Partners LLC Invests $143,000 in Thryv Holdings, Inc. (NASDAQ:THRY)

Quest Partners LLC purchased a new stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,999 shares of the company’s stock, valued at approximately $143,000.

Several other institutional investors also recently added to or reduced their stakes in THRY. Louisiana State Employees Retirement System boosted its position in shares of Thryv by 3.9% in the second quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock valued at $283,000 after acquiring an additional 600 shares during the period. SummerHaven Investment Management LLC boosted its position in Thryv by 2.4% during the second quarter. SummerHaven Investment Management LLC now owns 29,857 shares of the company’s stock valued at $532,000 after buying an additional 703 shares during the period. Swiss National Bank grew its stake in shares of Thryv by 1.7% during the first quarter. Swiss National Bank now owns 65,900 shares of the company’s stock valued at $1,465,000 after buying an additional 1,100 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Thryv by 0.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 423,710 shares of the company’s stock worth $9,420,000 after buying an additional 1,306 shares during the period. Finally, SageView Advisory Group LLC bought a new stake in shares of Thryv in the 1st quarter valued at about $54,000. Institutional investors own 96.38% of the company’s stock.

Thryv Trading Down 1.1 %

THRY opened at $18.29 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.58. Thryv Holdings, Inc. has a 52 week low of $15.82 and a 52 week high of $26.42. The stock has a market cap of $663.93 million, a PE ratio of -2.43 and a beta of 0.82. The business has a 50 day moving average of $17.96 and a 200-day moving average of $19.99.

Thryv (NASDAQ:THRY) last released 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 positive return on equity of 2.17% and a negative net margin of 30.83%. The business had revenue of $224.08 million during the quarter, compared to analysts’ expectations of $221.78 million. During the same period in the prior year, the company earned $0.43 earnings per share. The firm’s quarterly revenue was down 10.9% compared to the same quarter last year.

Analysts Set New Price Targets

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

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.