Qube Research & Technologies Ltd Invests $739000 in Thryv Holdings, Inc. (NASDAQ:THRY) – Defense World
Posted by admin on Aug 20th, 2022 
Qube Research & Technologies Ltd acquired a new position in shares of Thryv Holdings, Inc. (NASDAQ:THRY – Get Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 26,292 shares of the company’s stock, valued at approximately $739,000. Qube Research & Technologies Ltd owned 0.08% of Thryv as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Wasatch Advisors Inc. lifted its holdings in shares of Thryv by 8.2% in the 4th quarter. Wasatch Advisors Inc. now owns 2,408,803 shares of the company’s stock worth $99,074,000 after purchasing an additional 182,517 shares in the last quarter. Royce & Associates LP lifted its stake in Thryv by 0.6% during the 1st quarter. Royce & Associates LP now owns 640,330 shares of the company’s stock valued at $18,006,000 after acquiring an additional 3,638 shares in the last quarter. Cowen Prime Advisors LLC lifted its stake in Thryv by 35.1% during the 1st quarter. Cowen Prime Advisors LLC now owns 390,820 shares of the company’s stock valued at $10,990,000 after acquiring an additional 101,460 shares in the last quarter. Marshall Wace LLP increased its position in shares of Thryv by 50.5% during the 4th quarter. Marshall Wace LLP now owns 380,995 shares of the company’s stock valued at $15,669,000 after purchasing an additional 127,888 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Thryv by 488.3% during the 4th quarter. Invesco Ltd. now owns 373,322 shares of the company’s stock valued at $15,354,000 after purchasing an additional 309,865 shares during the last quarter. 91.93% of the stock is currently owned by institutional investors.
Several brokerages have recently issued reports on THRY. Robert W. Baird decreased their target price on Thryv to $40.00 in a research report on Tuesday, August 9th. B. Riley reaffirmed a “buy” rating on shares of Thryv in a research report on Friday, July 22nd.
Shares of THRY opened at $27.57 on Friday. The business has a 50-day moving average of $24.28 and a 200 day moving average of $26.72. Thryv Holdings, Inc. has a fifty-two week low of $21.41 and a fifty-two week high of $42.99. The firm has a market cap of $949.46 million, a P/E ratio of 7.72 and a beta of 1.30. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.36 and a current ratio of 1.36.
Thryv (NASDAQ:THRY – Get Rating) last posted its earnings results on Thursday, August 4th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.72. The business had revenue of $334.00 million during the quarter, compared to analyst estimates of $308.03 million. Thryv had a return on equity of 38.13% and a net margin of 11.17%. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.09 EPS. As a group, research analysts forecast that Thryv Holdings, Inc. will post 3.47 EPS for the current year.
In other news, Director Mudrick Capital Management, L. sold 101,870 shares of Thryv stock in a transaction dated Thursday, June 2nd. The stock was sold at an average price of $25.61, for a total transaction of $2,608,890.70. Following the completion of the sale, the director now owns 5,876,177 shares in the company, valued at approximately $150,488,892.97. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 1,078,737 shares of company stock worth $26,713,670. 9.40% of the stock is currently owned by insiders.
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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.
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