New insider activity at Thryv Holdings ( (THRY) ) has taken place on May 9, 2025.
Chairman & CEO Joe Walsh has made a significant move by purchasing 5,000 shares of Thryv Holdings stock, with the transaction valued at $67,000.
Recent Updates on THRY stock
Thryv Holdings, Inc. recently reported a strong Q1 2025 performance, driven by a 50% year-over-year increase in SaaS revenue, which now constitutes over 60% of its total revenue. This growth underscores the company’s strategic shift towards a SaaS business model, bolstered by the successful acquisition of Keap. Despite these positive developments, the company faces challenges in its Marketing Services segment, with a significant decline in revenue attributed to its strategic transition. Additionally, Thryv’s cautious outlook for 2025 reflects concerns over macroeconomic uncertainties and potential impacts from tariffs, which influenced B. Riley to lower its price target due to these evolving market conditions. The company remains focused on sustaining growth through strategic investments and expanding its product offerings.
Spark’s Take on THRY Stock
According to Spark, TipRanks’ AI Analyst, THRY is a Neutral.
Thryv Holdings’ overall stock score is weighed down by its financial struggles, including declining revenues and profitability issues, as well as weak valuation metrics. However, strong SaaS revenue growth and strategic transformation provide optimism. Addressing profitability and leverage issues is crucial for improving stock performance.
To see Spark’s full report on THRY stock, click here.
More about Thryv Holdings
YTD Price Performance: -8.10%
Average Trading Volume: 590,662
Technical Sentiment Signal: Sell
Current Market Cap: $591.3M