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

Los Angeles Capital Management LLC lowered its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 11.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,309 shares of the company’s stock after selling 3,500 shares during the period. Los Angeles Capital Management LLC owned about 0.08% of Thryv worth $487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Louisiana State Employees Retirement System increased its stake in shares of Thryv by 3.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,900 shares of the company’s stock worth $283,000 after purchasing an additional 600 shares in the last quarter. SummerHaven Investment Management LLC increased 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 worth $532,000 after buying an additional 703 shares in the last quarter. Swiss National Bank raised its holdings in shares of Thryv by 1.7% in the first quarter. Swiss National Bank now owns 65,900 shares of the company’s stock worth $1,465,000 after acquiring an additional 1,100 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position 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 valued at $9,420,000 after acquiring an additional 1,306 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Thryv by 2.5% during the fourth quarter. Victory Capital Management Inc. now owns 74,099 shares of the company’s stock valued at $1,508,000 after acquiring an additional 1,802 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company’s stock.

Thryv Trading Up 3.4 %

Shares of THRY opened at $18.49 on Friday. Thryv Holdings, Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $26.42. The company has a market capitalization of $671.19 million, a PE ratio of -2.46 and a beta of 0.82. The stock has a fifty day moving average of $17.94 and a two-hundred day moving average of $20.02. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.14 and a current ratio of 1.14.

Thryv (NASDAQ:THRY) last released its earnings results on Thursday, August 1st. The company reported $0.15 EPS for the quarter, missing the consensus estimate 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 business had revenue of $224.08 million during the quarter, compared to analyst estimates of $221.78 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The business’s revenue for the quarter was down 10.9% compared to the same quarter last year.

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 report on Friday, August 2nd.

About Thryv

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.