Peregrine Capital Management LLC Increases Stake in Thryv Holdings, Inc. (NASDAQ:THRY)

Peregrine Capital Management LLC boosted its stake in Thryv Holdings, Inc. (NASDAQ:THRY – Get Rating) by 36.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 441,275 shares of the company’s stock after purchasing an additional 118,170 shares during the period. Peregrine Capital Management LLC’s holdings in Thryv were worth $8,384,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Mutual of America Capital Management LLC increased its stake in Thryv by 17.5% in the 2nd quarter. Mutual of America Capital Management LLC now owns 2,875 shares of the company’s stock worth $64,000 after purchasing an additional 428 shares during the period. Prudential Financial Inc. increased its stake in shares of Thryv by 1.7% during the second quarter. Prudential Financial Inc. now owns 36,211 shares of the company’s stock valued at $810,000 after buying an additional 615 shares during the period. KBC Group NV increased its stake in shares of Thryv by 56.0% during the third quarter. KBC Group NV now owns 2,313 shares of the company’s stock valued at $53,000 after buying an additional 830 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Thryv by 16.8% during the first quarter. JPMorgan Chase & Co. now owns 8,580 shares of the company’s stock valued at $241,000 after buying an additional 1,236 shares during the period. Finally, Federated Hermes Inc. purchased a new position in shares of Thryv during the third quarter valued at approximately $29,000. 93.61% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on THRY. Robert W. Baird dropped their price target on Thryv from $34.00 to $32.00 and set an “outperform” rating on the stock in a research report on Friday, February 24th. Needham & Company LLC reissued a “buy” rating and issued a $42.00 target price on shares of Thryv in a report on Friday, February 24th.

Thryv Trading Down 1.0 %

Thryv stock opened at $22.30 on Friday. The company has a market capitalization of $774.93 million, a price-to-earnings ratio of 16.04 and a beta of 0.98. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.05. Thryv Holdings, Inc. has a 12 month low of $17.30 and a 12 month high of $31.54. The business’s fifty day simple moving average is $22.56 and its two-hundred day simple moving average is $21.38.

Thryv Company Profile

(Get Rating)

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses (SMBs). It operates through three segments: SaaS (Software as a Service), Marketing Services, and Thryv International. The company provides Thryv, an SMB end-to-end customer experience platform; Hub by Thryv, a solution for franchisors to offer real time oversight and day-to-day management of multiple locations; Thryv Leads, an integrated local marketing and lead generation solution, as well as related services; and ThryvPay, a payment solution that allows users to get paid through credit card and ACH.