Mudrick Capital Management, L. sells 1,000,000 shares of Thryv Holdings, Inc. (NASDAQ: THRY)


Thryv Holdings, Inc. (NASDAQ: THRY – Get Rating) Director Mudrick Capital Management, L. sold 1,000,000 shares of the company in a trade on Tuesday, April 12. The shares were sold at an average price of $27.50, for a total transaction of $27,500,000.00. Following the sale, the director now owns 6,987,933 shares of the company, valued at $192,168,157.50. The transaction was disclosed in a filing with the SEC, accessible via this hyperlink.

Mudrick Capital Management, L. has also recently completed the following transaction(s):

  • On Thursday, April 7, Mudrick Capital Management, L. sold 101,703 Thryv shares. The shares were sold at an average price of $28.07, for a total transaction of $2,854,803.21.
  • On Tuesday, April 5, Mudrick Capital Management, L. sold 55,450 Thryv shares. The shares were sold at an average price of $29.37, for a total transaction of $1,628,566.50.
  • On Monday, March 21, Mudrick Capital Management, L. sold 162,900 Thryv shares. The shares were sold at an average price of $30.60, for a total transaction of $4,984,740.00.
  • On Friday, March 18, Mudrick Capital Management, L. sold 191,558 Thryv shares. The stock was sold at an average price of $30.96, for a total transaction of $5,930,635.68.
  • On Monday, March 14, Mudrick Capital Management, L. sold 40,636 Thryv shares. The stock was sold at an average price of $29.58, for a total transaction of $1,202,012.88.
  • On Thursday, March 10, Mudrick Capital Management, L. sold 175,000 Thryv shares. The stock was sold at an average price of $29.61, for a total transaction of $5,181,750.00.
  • On Monday, February 28, Mudrick Capital Management, L. sold 16,724 Thryv shares. The stock was sold at an average price of $30.49, for a total transaction of $509,914.76.
  • On Friday, February 25, Mudrick Capital Management, L. sold 179,063 Thryv shares. The stock was sold at an average price of $30.00, for a total transaction of $5,371,890.00.
  • On Wednesday, February 16, Mudrick Capital Management, L. sold 7,430 Thryv shares. The stock was sold at an average price of $31.04, for a total transaction of $230,627.20.
  • On Friday, February 11, Mudrick Capital Management, L. sold 176,819 Thryv shares. The stock was sold at an average price of $31.73, for a total transaction of $5,610,466.87.

NASDAQ THRY shares opened at $29.46 on Friday. The company’s 50-day moving average price is $29.55 and its 200-day moving average price is $32.60. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt ratio of 1.56. The company has a market capitalization of $1.01 billion, a PE ratio of 10.48 and a beta of 1.12. Thryv Holdings, Inc. has a 52-week low of $23.01 and a 52-week high of $42.99.

Thryv (NASDAQ: THRY – Get Rating) last reported its quarterly results on Thursday, March 10. The company reported earnings per share (EPS) of $0.13 for the quarter, beating analyst consensus estimates of ($0.45) by $0.58. The company posted revenue of $244.40 million for the quarter, versus a consensus estimate of $231.61 million. Thryv had a net margin of 9.12% and a return on equity of 41.94%. The company’s quarterly revenue fell 1.0% from the same quarter last year. During the same quarter last year, the company posted EPS of $3.31. As a group, equity research analysts expect Thryv Holdings, Inc. to post EPS of 2.74 for the current fiscal year.

Several brokerages have recently published reports on THRY. B. Riley reduced his price target on Thryv shares from $50.00 to $42.00 in a Wednesday, March 2 research note. Zacks Investment Research upgraded Thryv’s shares from a “strong sell” rating to a “hold” rating in a Wednesday, March 16 research report. One investment analyst gave the stock a hold rating and five gave the company’s stock a buy rating. According to data from MarketBeat, Thryv has an average rating of “Buy” and an average target price of $41.09.

Several large investors have recently changed their holdings of THRY. Morgan Stanley bought a new stake in Thryv during Q2 worth approximately $1,463,000. Bank of America Corp DE increased its stake in Thryv by 33.7% during the second quarter. Bank of America Corp DE now owns 1,365 shares of the company worth $49,000 after acquiring 344 additional shares during the period. Strs Ohio increased its stake in Thryv by 1,480.0% during the third quarter. Strs Ohio now owns 23,700 shares of the company worth $711,000 after acquiring an additional 22,200 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Thryv during Q3 for a value of approximately $898,000. Finally, EMC Capital Management acquired a new stake in Thryv during the 3rd quarter for a value of approximately $1,361,000. Hedge funds and other institutional investors hold 88.68% of the company’s shares.

Thryv Company Profile (Get an assessment)

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to small and medium-sized enterprises (SMEs) in the United States. The Company operates through three segments: SaaS (Software as a Service), Marketing Services and Thryv International. The SaaS segment provides Thryv, an end-to-end customer experience platform for SMBs, which is integrated with Google; and ThryvPay, a payment solution that allows users to get paid by credit card and ACH.

Featured Articles

Insider buying and selling by quarter for Thryv (NASDAQ:THRY)



Get news and reviews for Thryv Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Thryv and related companies with MarketBeat.com’s free daily email newsletter.