Nebula Research & Development LLC Buys 16,415 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Nebula Research & Development LLC lifted its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 75.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 38,080 shares of the company’s stock after purchasing an additional 16,415 shares during the quarter. Nebula Research & Development LLC’s holdings in Thryv were worth $564,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Thryv in the 4th quarter worth approximately $44,000. Summit Investment Advisors Inc. boosted its position in shares of Thryv by 27.7% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,906 shares of the company’s stock worth $58,000 after purchasing an additional 848 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Thryv in the 4th quarter worth approximately $92,000. Oregon Public Employees Retirement Fund boosted its position 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 worth $141,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Amalgamated Bank boosted its position in shares of Thryv by 17.6% in the 4th quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock worth $169,000 after purchasing an additional 1,715 shares in the last quarter. 96.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on THRY shares. B. Riley decreased their price objective on shares of Thryv from $30.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Needham & Company LLC restated a “buy” rating and issued a $28.00 price objective on shares of Thryv in a report on Thursday, April 10th. Finally, Royal Bank of Canada started coverage on shares of Thryv in a report on Thursday, March 27th. They issued a “sector perform” rating and a $17.00 price objective for the company. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $23.20.

Thryv Price Performance

Shares of THRY opened at $13.73 on Tuesday. The firm has a market cap of $600.43 million, a PE ratio of -1.42 and a beta of 1.03. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70. The firm has a fifty day simple moving average of $14.23 and a two-hundred day simple moving average of $15.43. Thryv Holdings, Inc. has a 1-year low of $10.03 and a 1-year high of $26.42.

Thryv (NASDAQ:THRY) last announced its 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 business had revenue of $186.60 million during the quarter, compared to analyst estimates of $183.02 million. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. On average, equities analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current 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.