Whetstone Capital Advisors LLC Has $9.63 Million Stock Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Whetstone Capital Advisors LLC lifted its holdings in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 131.6% during the 4th quarter, Holdings Channel reports. The firm owned 650,674 shares of the company’s stock after purchasing an additional 369,763 shares during the period. Thryv makes up 3.1% of Whetstone Capital Advisors LLC’s holdings, making the stock its 9th largest holding. Whetstone Capital Advisors LLC’s holdings in Thryv were worth $9,630,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in THRY. Quarry LP raised its stake in Thryv by 1,296.3% in the third quarter. Quarry LP now owns 2,248 shares of the company’s stock valued at $39,000 after purchasing an additional 2,087 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in Thryv during the fourth quarter worth $44,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Thryv in the 4th quarter valued at $92,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of Thryv by 18.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company’s stock valued at $141,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Thryv by 17.6% during the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock worth $169,000 after buying an additional 1,715 shares in the last quarter. 96.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Royal Bank of Canada assumed coverage on Thryv in a research report on Thursday, March 27th. They issued a “sector perform” rating and a $17.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price target on shares of Thryv in a report on Thursday.

Thryv Price Performance

Shares of THRY opened at $11.29 on Friday. The business has a 50-day simple moving average of $15.94 and a two-hundred day simple moving average of $15.85. Thryv Holdings, Inc. has a 12-month low of $10.03 and a 12-month high of $26.42. The stock has a market cap of $489.66 million, a PE ratio of -1.17 and a beta of 1.03. 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, February 27th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.26. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The business had revenue of $186.60 million during the quarter, compared to analyst estimates of $183.02 million. Analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

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.