Thryv (NASDAQ:THRY) CEO Joe Walsh Acquires 25,000 Shares

Key Points

  • CEO Joe Walsh bought 25,000 shares on Nov. 7 at $6.51 each (total $162,750), increasing his stake 4.27% to 610,232 shares—worth about $3.97M after the trade.
  • Thryv missed Q reported EPS ($0.13 vs. consensus $0.43) while revenue rose 12.1% year‑over‑year to $201.56M, and several analysts have trimmed ratings/targets leaving an average Hold and $13 price target.
  • The stock trades near its 1‑year low ($6.21) with a market cap of roughly $275M and heavy institutional ownership (about 96.38%).

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) CEO Joe Walsh acquired 25,000 shares of the stock in a transaction dated Friday, November 7th. The shares were purchased at an average cost of $6.51 per share, with a total value of $162,750.00. Following the completion of the purchase, the chief executive officer owned 610,232 shares of the company's stock, valued at approximately $3,972,610.32. The trade was a 4.27% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Thryv Stock Up 0.8%

NASDAQ THRY opened at $6.31 on Tuesday. Thryv Holdings, Inc. has a 1 year low of $6.21 and a 1 year high of $20.92. The stock has a market capitalization of $274.99 million, a PE ratio of 15.39 and a beta of 0.89. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.15 and a quick ratio of 1.15. The business's 50-day moving average is $11.20 and its 200 day moving average is $12.41.

Thryv (NASDAQ:THRY - Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.30). The business had revenue of $201.56 million for the quarter, compared to the consensus estimate of $200.81 million. Thryv had a net margin of 2.29% and a return on equity of 8.64%. The company's revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the previous year, the company earned ($2.65) EPS. Thryv has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts forecast that Thryv Holdings, Inc. will post -2.24 earnings per share for the current year.

Institutional Inflows and Outflows




Several institutional investors have recently modified their holdings of THRY. Massachusetts Financial Services Co. MA purchased a new position in Thryv during the 1st quarter valued at about $30,209,000. Allspring Global Investments Holdings LLC grew its holdings in Thryv by 1.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,127,581 shares of the company's stock worth $13,193,000 after purchasing an additional 15,689 shares during the period. CenterBook Partners LP increased its stake in shares of Thryv by 1.4% during the third quarter. CenterBook Partners LP now owns 871,991 shares of the company's stock valued at $10,516,000 after purchasing an additional 12,037 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Thryv by 1,010.8% during the second quarter. American Century Companies Inc. now owns 864,246 shares of the company's stock valued at $10,509,000 after purchasing an additional 786,445 shares during the last quarter. Finally, Brooktree Capital Management lifted its holdings in shares of Thryv by 17.6% during the third quarter. Brooktree Capital Management now owns 841,341 shares of the company's stock valued at $10,147,000 after purchasing an additional 125,711 shares during the last quarter. 96.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Craig Hallum lowered Thryv from a "buy" rating to a "hold" rating and set a $10.00 price target for the company. in a research note on Friday, October 31st. Royal Bank Of Canada decreased their price objective on shares of Thryv from $16.00 to $13.00 and set a "sector perform" rating for the company in a report on Friday, October 31st. B. Riley cut their target price on shares of Thryv from $26.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, October 31st. Zacks Research downgraded shares of Thryv from a "hold" rating to a "strong sell" rating in a research note on Tuesday, November 4th. Finally, William Blair lowered shares of Thryv from an "outperform" rating to a "market perform" rating in a report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $13.00.

Read Our Latest Research Report on THRY

Thryv Company Profile

(Get Free Report)

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.

Further Reading

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