U.S. futures dip; Black Friday spending surge - what’s moving markets
Thryv Holdings, Inc. (NASDAQ:THRY) Chairman and CEO Joe Walsh reported purchasing 25,000 shares of the company’s common stock on November 7, 2025. The shares were bought at a price of $6.51, totaling $162,750. This insider purchase comes as the stock trades near its 52-week low of $6.21, having fallen significantly by 56.5% over the past year. According to InvestingPro data, THRY appears undervalued with a low PEG ratio of 0.15.
Following the transaction, Walsh directly owns 610,232 shares of Thryv Holdings. He also indirectly owns 1,625,206 shares through a trust. The CEO’s purchase signals potential confidence in the company’s prospects despite recent market challenges. InvestingPro analysis shows THRY maintains a healthy current ratio of 1.15 and is expected to grow net income this year. For deeper insights on this $277 million market cap company, check out the comprehensive Pro Research Report, available for over 1,400 US equities.
In other recent news, Thryv Holdings, Inc. reported a significant increase in its Software as a Service (SaaS) revenue for the third quarter of 2025, with a 33% year-over-year rise to $115.9 million. Despite this growth, the company faced analyst downgrades due to concerns about its SaaS segment’s growth dynamics. William Blair downgraded Thryv from Outperform to Market Perform, citing limited near-term visibility into growth. Craig-Hallum also downgraded the stock from Buy to Hold, pointing out a deceleration in both total and organic SaaS revenue growth. Additionally, Needham lowered its price target for Thryv to $14.00 from $20.00, maintaining a Buy rating but expressing concerns over missed revenue guidance and adjusted EBITDA. Thryv also announced the launch of a new marketing solution tailored for home services businesses, featuring AI-driven tools to enhance growth management. These developments reflect the company’s ongoing efforts to innovate while navigating challenges in its SaaS business.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.