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Thryv CEO Buys 15,000 Shares, Increasing Stake
Insider buying signals confidence in company's future amid mixed analyst views
Mar. 14, 2026 at 12:50pm
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Thryv Holdings, Inc. (NASDAQ:THRY) CEO Joe Walsh purchased 15,000 shares of the company's stock at an average price of $2.91 per share, increasing his stake to 775,749 shares. This transaction, disclosed via an SEC Form 4 filing, represents a 1.97% rise in Walsh's ownership of the company.
Why it matters
Insider buying, especially by the CEO, is often seen as a positive signal about a company's future prospects. This purchase by the Thryv CEO comes amid mixed analyst ratings and the company's recent miss on quarterly earnings expectations, suggesting Walsh's confidence in the company's long-term trajectory.
The details
The 15,000 share purchase by CEO Joe Walsh was executed on March 13th at an average price of $2.91 per share, for a total transaction value of $43,650. Following the purchase, Walsh now owns 775,749 shares of Thryv, representing a 1.97% increase in his stake. Thryv shares are currently trading around $2.94, within a 52-week range of $1.91 to $15.74.
- The insider purchase transaction occurred on March 13, 2026.
The players
Joe Walsh
CEO of Thryv Holdings, Inc.
Thryv Holdings, Inc.
A software and technology solutions provider focused on helping small- and medium-sized businesses manage customer relationships, marketing and communications, appointments and payments through a unified platform.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
The CEO's insider purchase signals his confidence in Thryv's long-term prospects, even as the company faces mixed analyst views and a recent earnings miss. Insider buying can be a positive indicator for investors to consider, especially when it comes from the top executive.
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