Insider Trading March 6, 2026

Thryv Director John Slater Adds $9,720 in Shares as Stock Remains Under Fair Value

Director purchase of 3,000 shares comes amid volatile price action and mixed fourth-quarter results

By Avery Klein THRY
Thryv Director John Slater Adds $9,720 in Shares as Stock Remains Under Fair Value
THRY

Thryv Holdings director John Slater bought 3,000 common shares on March 4, 2026, spending $9,720 at an average price of $3.24 per share. The transaction occurred while the stock trades below an InvestingPro Fair Value of $4.32. The company reported a Q4 2025 EPS miss and modest revenue beat, and analysts trimmed price targets in response to results and forward guidance.

Key Points

  • Director John Slater purchased 3,000 Thryv shares on March 4, 2026, at an average price of $3.24, totaling $9,720.
  • Slater now directly owns 38,370 common shares following the transaction; the stock trades below an InvestingPro Fair Value of $4.32 and has moved up about 43% over the past week after an 80% drop over the year.
  • Thryv's Q4 2025 results featured an EPS miss (-$0.22 vs $0.18 forecast) and a slight revenue beat ($191.62M vs $191.25M); the company is prioritizing higher-value customers and launched an AI-enabled platform, Market Sell Grow.

Insider purchase

Thryv Holdings, Inc. (NASDAQ: THRY) director John Slater reported an open-market purchase of 3,000 common shares on March 4, 2026. The shares were bought at prices between $3.23 and $3.24, producing an average price of $3.24 and a total outlay of $9,720.

Share ownership after transaction

Following the trade, Slater directly holds 38,370 common shares of Thryv Holdings, Inc.

Valuation context and recent price action

The transaction occurred while the stock was quoted below InvestingPro's Fair Value estimate of $4.32, a gap that the valuation service frames as potential upside from current market prices. Thryv's shares have endured a difficult year, falling roughly 80%, though they have rallied sharply in recent days, up about 43% over the past week.

Fourth-quarter results and operational focus

Thryv reported fourth-quarter 2025 results that included an earnings per share (EPS) shortfall: EPS was -$0.22 versus a consensus forecast of $0.18, a surprise of -222.22%. Revenue, however, slightly outperformed expectations, coming in at $191.62 million compared with a forecast of $191.25 million.

The company described a strategic emphasis on higher-value customers, specifically those generating $400 or more in monthly revenue, and highlighted the rollout of a new AI-enabled platform named Market Sell Grow.

Analyst reactions

Following the quarterly release, Craig-Hallum lowered its price target on Thryv from $10.00 to $4.00 while maintaining a Hold rating. Needham also reduced its target from $14.00 to $6.00 but kept a Buy rating. Needham characterized Thryv's fourth-quarter financials as largely in line with expectations, while flagging weak customer growth and fiscal 2026 revenue guidance that fell below its estimates.

Research resources

For investors seeking further analysis, a Pro Research Report for THRY is available and, according to the research service, includes valuation detail and 13+ InvestingPro Tips.


Contextual note

The director purchase is modest in absolute dollars relative to market capitalization metrics and follows a period of pronounced volatility in the shares. The company’s recent quarter contained mixed signals: a material EPS miss alongside a slight revenue beat and targeted product and customer strategy shifts.

Risks

  • Significant recent volatility in Thryv’s share price - ~80% decline over the year followed by a ~43% rebound in the last week - increases uncertainty for equity holders and traders.
  • Material EPS shortfall in Q4 2025 (actual -$0.22 vs forecast $0.18), which may weigh on near-term investor sentiment in the technology and small-business software segments.
  • Analyst reductions in price targets (Craig-Hallum to $4.00, Needham to $6.00) and concerns about weak customer growth and subdued fiscal 2026 revenue projections introduce downside risk to the stock's outlook.

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