BlackRock Amends Thryv Holdings Stake, Remains Passive Investor
Ticker: THRY · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 1556739
| Field | Detail |
|---|---|
| Company | Thryv Holdings, Inc. (THRY) |
| Form Type | SC 13G/A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns Thryv stock, but they're not trying to run the show.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 19, 2024, indicating its ownership of Thryv Holdings, Inc. Common Stock as of December 31, 2023. This filing, Amendment No. 3, updates their previous disclosures regarding their passive investment in Thryv Holdings, Inc. For investors, this means BlackRock continues to hold a significant, though passive, stake in Thryv, signaling their ongoing confidence in the company without seeking to influence management.
Why It Matters
This filing confirms BlackRock's continued, substantial, yet passive, investment in Thryv Holdings, Inc., which can be a positive signal for other investors regarding the stock's long-term viability.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating no immediate change in investment strategy or significant risk to the company.
Analyst Insight
Investors should note BlackRock's continued passive stake in Thryv Holdings, Inc., which suggests a stable institutional presence without any indication of activist intent. This could be a minor positive signal for long-term holders.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Thryv Holdings, Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring this filing
- January 19, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 3 (number) — the specific amendment number of this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 3, as stated on the cover page.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as identified in the 'FILED BY' section of the filing.
What company's stock is the subject of this filing?
The subject company is Thryv Holdings, Inc., as indicated under 'SUBJECT COMPANY' and 'Name of Issuer' on the cover page.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed under Rule 13d-1(b), as indicated by the checked box on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 19, 2024 regarding Thryv Holdings, Inc. (THRY).