Roubaix Capital LLC Takes $3.39 Million Position in Thryv Holdings, Inc. $THRY

Roubaix Capital LLC bought a new position in Thryv Holdings, Inc. (NASDAQ:THRY) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 281,454 shares of the company’s stock, valued at approximately $3,394,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bullseye Asset Management LLC lifted its holdings in shares of Thryv by 0.9% during the 2nd quarter. Bullseye Asset Management LLC now owns 115,984 shares of the company’s stock worth $1,410,000 after acquiring an additional 1,000 shares during the period. The Manufacturers Life Insurance Company raised its position in Thryv by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 13,887 shares of the company’s stock worth $169,000 after purchasing an additional 1,023 shares in the last quarter. Swiss National Bank lifted its stake in Thryv by 1.7% during the second quarter. Swiss National Bank now owns 78,700 shares of the company’s stock worth $957,000 after purchasing an additional 1,300 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Thryv by 6.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,514 shares of the company’s stock worth $288,000 after purchasing an additional 1,351 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Thryv by 98.5% during the second quarter. BNP Paribas Financial Markets now owns 5,571 shares of the company’s stock valued at $68,000 after purchasing an additional 2,764 shares in the last quarter. Institutional investors own 96.38% of the company’s stock.

Analyst Ratings Changes

THRY has been the subject of a number of recent research reports. William Blair cut Thryv from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th. Weiss Ratings reiterated a “sell (d)” rating on shares of Thryv in a research note on Monday, December 29th. Zacks Research raised shares of Thryv from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Royal Bank Of Canada cut their price target on shares of Thryv from $13.00 to $7.00 and set a “sector perform” rating for the company in a report on Friday, February 20th. Finally, Wall Street Zen cut shares of Thryv from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $9.50.

Thryv Stock Up 15.1%

Thryv stock opened at $2.67 on Tuesday. The stock has a 50-day simple moving average of $4.74 and a 200 day simple moving average of $7.96. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.08. Thryv Holdings, Inc. has a 12-month low of $1.91 and a 12-month high of $17.45.

Thryv (NASDAQ:THRY) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.62). Thryv had a net margin of 0.04% and a return on equity of 0.14%. The company had revenue of $191.62 million during the quarter, compared to analyst estimates of $191.25 million. On average, equities research analysts predict that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Thryv Company Profile

Thryv Holdings, Inc (NASDAQ:THRY) is a software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform. Headquartered in Dallas, Texas, the company delivers cloud-based software designed to simplify administrative tasks and enable business owners to engage with customers across multiple channels.

At the core of Thryv’s offerings is its flagship Thryv software platform, which combines customer relationship management (CRM) tools, automated marketing and social media management, online scheduling, invoicing and payment processing.