Thryv Holdings, Inc. (NASDAQ:THRY – Get Free Report) Director Amer Akhtar purchased 1,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average price of $18.46 per share, for a total transaction of $22,152.00. Following the acquisition, the director now directly owns 20,535 shares of the company’s stock, valued at approximately $379,076.10. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
Thryv Stock Up 2.6 %
NASDAQ:THRY traded up $0.48 during mid-day trading on Thursday, hitting $18.84. The company had a trading volume of 159,127 shares, compared to its average volume of 192,979. The business has a fifty day simple moving average of $18.04 and a 200-day simple moving average of $19.96. The firm has a market capitalization of $675.06 million, a price-to-earnings ratio of -2.50 and a beta of 0.82. Thryv Holdings, Inc. has a 1 year low of $15.82 and a 1 year high of $26.42. 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 – Get Free Report) last announced 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). The company had revenue of $224.08 million for the quarter, compared to analysts’ expectations of $221.78 million. Thryv had a negative net margin of 30.83% and a positive return on equity of 2.17%. The business’s quarterly revenue was down 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 earnings per share.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Thryv
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Point72 DIFC Ltd purchased a new stake in shares of Thryv during the second quarter worth about $100,000. The Manufacturers Life Insurance Company increased its holdings in Thryv by 9.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,636 shares of the company’s stock worth $225,000 after purchasing an additional 1,078 shares during the last quarter. Millennium Management LLC raised its position in shares of Thryv by 78.8% in the 2nd quarter. Millennium Management LLC now owns 178,807 shares of the company’s stock valued at $3,186,000 after purchasing an additional 78,793 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Thryv during the 2nd quarter valued at approximately $811,000. Finally, Public Sector Pension Investment Board grew its position in shares of Thryv by 8.0% during the second quarter. Public Sector Pension Investment Board now owns 69,374 shares of the company’s stock worth $1,236,000 after buying an additional 5,164 shares in the last quarter. 96.38% of the stock is currently owned by hedge funds and other institutional investors.
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.
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