Thryv Holdings, Inc. (NASDAQ:THRY) Given Average Rating of “Hold” by Analysts

Thryv Holdings, Inc. (NASDAQ:THRY) has been assigned an average rating of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.00.

THRY has been the subject of a number of research reports. Needham & Company LLC cut their price objective on Thryv from $20.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, October 30th. B. Riley Financial cut their target price on Thryv from $26.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Weiss Ratings reissued a “sell (d)” rating on shares of Thryv in a research note on Monday, December 29th. Craig Hallum cut shares of Thryv from a “buy” rating to a “hold” rating and set a $10.00 price objective for the company. in a research note on Friday, October 31st. Finally, William Blair lowered shares of Thryv from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th.

Institutional Investors Weigh In On Thryv

A number of hedge funds and other institutional investors have recently modified their holdings of THRY. AQR Capital Management LLC grew its position in Thryv by 11.0% during the 1st quarter. AQR Capital Management LLC now owns 69,842 shares of the company’s stock worth $895,000 after acquiring an additional 6,917 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Thryv by 6.4% in 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 last quarter. Goldman Sachs Group Inc. increased its stake in shares of Thryv by 46.4% in the first quarter. Goldman Sachs Group Inc. now owns 376,141 shares of the company’s stock worth $4,818,000 after buying an additional 119,167 shares during the period. KLP Kapitalforvaltning AS raised its holdings in Thryv by 80.6% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 11,200 shares of the company’s stock valued at $136,000 after buying an additional 5,000 shares during the last quarter. Finally, CWM LLC boosted its position in Thryv by 567.6% during the 2nd quarter. CWM LLC now owns 8,338 shares of the company’s stock valued at $101,000 after buying an additional 7,089 shares during the period. Institutional investors own 96.38% of the company’s stock.

Thryv Stock Down 0.8%

Shares of NASDAQ:THRY opened at $3.59 on Wednesday. The firm has a market capitalization of $156.45 million, a PE ratio of 8.76 and a beta of 0.87. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.15 and a current ratio of 1.15. Thryv has a 52-week low of $3.45 and a 52-week high of $20.92. The firm has a fifty day moving average of $5.21 and a 200 day moving average of $8.59.

About Thryv

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.