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Thryv Holdings, Inc. (NASDAQ:THRY) Chairman and CEO Joe Walsh reported purchasing 8,000 shares of the company’s common stock on August 1, 2025. The shares were bought at a price of $12.90, totaling approximately $103,200. The purchase comes as the stock has shown strong momentum, gaining over 10% in the past week. According to InvestingPro data, analysts maintain a bullish stance with price targets ranging from $16 to $26.
Following the transaction, Walsh directly owns 592,232 shares of Thryv Holdings. He also indirectly owns 1,625,206 shares through a trust. With a market capitalization of approximately $587 million, InvestingPro analysis indicates the company is slightly undervalued, with strong liquidity ratios and positive earnings expectations for the year ahead. Discover more insights and 6 additional ProTips for THRY in the comprehensive Pro Research Report.
In other recent news, Thryv Holdings, Inc. announced the launch of Thryv for HVAC, a marketing solution tailored for heating, ventilation, and air conditioning businesses. This new offering was developed with input from industry professionals, including Boeschen’s Heating & Cooling, to address specific challenges in marketing, lead conversion, and customer retention. Thryv collaborates with nearly 6,000 HVAC-related businesses, indicating a significant focus on this sector. Additionally, Thryv announced the election of Lou Orfanos, a Senior Vice President and General Manager at Toast (NYSE:TOST), to its Board of Directors. Orfanos, who has over 20 years of experience in product development, sales, marketing, and customer success, was elected on June 12. His expertise is expected to bring valuable insights to Thryv’s strategic direction. These developments reflect Thryv’s ongoing efforts to expand its offerings and strengthen its leadership team.
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