Freeman Grant (President) buys 500 THRY shares at $16.82; stock now $15.60, -35.5% from 52-week high amid unprofitable quarter.
Freeman Grant, President of Thryv Holdings, purchased 500 shares at $16.82, bringing holdings to 164,763 shares total. The purchase occurs as THRY stock has declined 35.5% from its 52-week high of $24.17 and fallen 16.2% over the past 30 days, with the current price at $15.60 below the transaction price. The company reported a negative net income of $-96.1M against revenue of $179.9M in the latest quarter, with annual revenue declining 10.1% year-over-year and full-year profitability absent. A cluster of 2 other insiders also bought within the past 14 days, indicating coordinated insider acquisition activity during a period of operational and stock-price stress. Grant's own cross-ticker track record shows a 0.00% 90-day win rate on prior buys, with his single prior trade at THRY (March 2024) also turning negative at the 90-day mark (-1.0%), providing limited evidence that insider purchases have historically preceded stock recovery at this issuer.