EntryPoint Capital LLC Takes Position in Thryv Holdings, Inc. (NASDAQ:THRY)

EntryPoint Capital LLC bought a new position in Thryv Holdings, Inc. (NASDAQ:THRY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,787 shares of the company’s stock, valued at approximately $174,000.

Other institutional investors have also recently bought and sold shares of the company. Quarry LP lifted its holdings in shares of Thryv by 1,296.3% during the 3rd quarter. Quarry LP now owns 2,248 shares of the company’s stock worth $39,000 after acquiring an additional 2,087 shares during the period. MassMutual Private Wealth & Trust FSB bought a new position in Thryv during the fourth quarter worth about $44,000. KLP Kapitalforvaltning AS bought a new position in Thryv during the fourth quarter worth about $92,000. Oregon Public Employees Retirement Fund boosted its holdings in Thryv by 18.7% during the fourth 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 grew its stake in shares of Thryv by 17.6% in the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock valued at $169,000 after purchasing an additional 1,715 shares during the period. Institutional investors and hedge funds own 96.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on THRY shares. Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of Thryv in a research report on Wednesday, January 15th. Royal Bank of Canada started coverage on Thryv in a report on Thursday. They set a “sector perform” rating and a $17.00 price objective for the company.

Thryv Stock Performance

NASDAQ:THRY opened at $13.45 on Friday. The stock has a market capitalization of $583.34 million, a P/E ratio of -1.39 and a beta of 0.90. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70. Thryv Holdings, Inc. has a 1 year low of $13.06 and a 1 year high of $26.42. The firm has a 50 day moving average of $17.07 and a 200-day moving average of $16.34.

Thryv (NASDAQ:THRY) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.26. The firm had revenue of $186.60 million during the quarter, compared to analysts’ expectations of $183.02 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. As a group, sell-side analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

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.