Lou Orfanos, Director at Thryv Holdings, Inc. (THRY), bought 5,000 shares at $2.60 ($13K) on 2026-03-18, disclosed to the SEC on 2026-03-23.
Director Lou Orfanos purchased 5,000 shares at $2.60, marking the largest insider purchase in the company's history. This move occurs as the stock has plummeted over 80% from its 52-week high, suggesting insiders see value in the current discount.
The stock is currently trading at $2.97, up 11.65% over the last five days but down 51.07% over the last 90 days. It sits roughly 81% below its 52-week high of $15.60 and is trading roughly 55% above its 52-week low of $1.91.
Catalysts include the launch of the Thryv AI Lead Flow platform on March 24, 2026, and the Q1 2026 earnings results reported on April 30, 2026, which showed SaaS revenue ahead of expectations. Additionally, a cluster of 3 other insiders purchased shares in the last 30 days, indicating growing institutional confidence.
The stock faces significant risk with a short interest of 10.98% of the float, and analysts have slashed fair value estimates from $13.00 to $4.75, citing execution risks.
Something here stands out, but not much.