Clark Estates Inc. NY Has $1.99 Million Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Clark Estates Inc. NY boosted its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 1.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,250 shares of the company’s stock after buying an additional 2,200 shares during the quarter. Clark Estates Inc. NY owned approximately 0.27% of Thryv worth $1,986,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of THRY. KBC Group NV boosted its stake in shares of Thryv by 97.8% in the 3rd quarter. KBC Group NV now owns 2,868 shares of the company’s stock valued at $49,000 after purchasing an additional 1,418 shares in the last quarter. Lazard Asset Management LLC acquired a new position in Thryv in the first quarter valued at about $118,000. Point72 DIFC Ltd bought a new stake in Thryv during the second quarter worth about $100,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Thryv by 78.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,521 shares of the company’s stock worth $134,000 after buying an additional 3,303 shares in the last quarter. Finally, Quest Partners LLC bought a new position in shares of Thryv in the second quarter valued at approximately $143,000. 96.38% of the stock is currently owned by institutional investors.

Thryv Price Performance

NASDAQ:THRY opened at $15.68 on Wednesday. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. Thryv Holdings, Inc. has a 12-month low of $13.06 and a 12-month high of $26.42. The stock’s fifty day simple moving average is $16.28 and its 200-day simple moving average is $17.90.

Thryv (NASDAQ:THRY) last posted its earnings results on Thursday, November 7th. The company reported ($2.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.53) by ($0.12). Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The company had revenue of $179.85 million for the quarter, compared to analyst estimates of $179.24 million. During the same quarter in the previous year, the firm posted ($0.78) earnings per share. Thryv’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, equities analysts predict that Thryv Holdings, Inc. will post -2.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.