Jane Street Group LLC Sells 39,156 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Jane Street Group LLC decreased its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 70.3% during the 3rd quarter, Holdings Channel reports. The firm owned 16,554 shares of the company’s stock after selling 39,156 shares during the quarter. Jane Street Group LLC’s holdings in Thryv were worth $285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in THRY. Harspring Capital Management LLC boosted its position in shares of Thryv by 51.2% during the 3rd quarter. Harspring Capital Management LLC now owns 635,000 shares of the company’s stock valued at $10,941,000 after purchasing an additional 215,000 shares in the last quarter. Blair William & Co. IL raised its stake in Thryv by 95.8% during the 2nd quarter. Blair William & Co. IL now owns 355,790 shares of the company’s stock worth $6,340,000 after buying an additional 174,090 shares during the period. Renaissance Technologies LLC acquired a new position in Thryv during the 2nd quarter worth approximately $2,816,000. Assenagon Asset Management S.A. raised its stake in Thryv by 182.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 220,346 shares of the company’s stock worth $3,797,000 after buying an additional 142,434 shares during the period. Finally, Millennium Management LLC raised its stake in Thryv by 78.8% during the 2nd quarter. Millennium Management LLC now owns 178,807 shares of the company’s stock worth $3,186,000 after buying an additional 78,793 shares during the period. Institutional investors own 96.38% of the company’s stock.

Thryv Stock Performance

Shares of Thryv stock opened at $14.24 on Friday. The company has a market cap of $598.72 million, a PE ratio of -1.47 and a beta of 0.88. Thryv Holdings, Inc. has a 52 week low of $13.06 and a 52 week high of $26.42. The business has a 50 day moving average price of $15.01 and a 200-day moving average price of $16.72. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70.

Thryv (NASDAQ:THRY) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($2.65) EPS for the quarter, missing the consensus estimate of ($2.53) by ($0.12). The company had revenue of $179.85 million during the quarter, compared to analysts’ expectations of $179.24 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the company earned ($0.78) earnings per share. Equities analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on THRY shares. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price target on shares of Thryv in a research note on Wednesday, December 4th. Robert W. Baird dropped their price target on Thryv from $25.00 to $20.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Finally, Craig Hallum started coverage on Thryv in a research note on Wednesday, October 2nd. They set a “buy” rating and a $25.00 price target on the stock.

Thryv Company 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.