MQS Management LLC bought a new position in Fiverr International (NYSE:FVRR – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 8,452 shares of the company’s stock, valued at approximately $248,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its holdings in Fiverr International by 53.3% in the 1st quarter. Ameriprise Financial Inc. now owns 1,870,478 shares of the company’s stock worth $44,293,000 after purchasing an additional 650,672 shares during the last quarter. Millennium Management LLC lifted its holdings in Fiverr International by 20.9% in the 1st quarter. Millennium Management LLC now owns 369,714 shares of the company’s stock worth $8,755,000 after purchasing an additional 63,828 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in Fiverr International by 7.3% in the 1st quarter. Arkadios Wealth Advisors now owns 147,895 shares of the company’s stock worth $3,502,000 after purchasing an additional 10,022 shares during the last quarter. Accurate Wealth Management LLC lifted its holdings in Fiverr International by 9.8% in the 2nd quarter. Accurate Wealth Management LLC now owns 128,576 shares of the company’s stock worth $3,540,000 after purchasing an additional 11,463 shares during the last quarter. Finally, Jump Financial LLC lifted its holdings in Fiverr International by 29.8% in the 1st quarter. Jump Financial LLC now owns 104,839 shares of the company’s stock worth $2,483,000 after purchasing an additional 24,085 shares during the last quarter. 59.00% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
FVRR has been the subject of a number of research analyst reports. Zacks Research upgraded Fiverr International from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. BTIG Research upgraded Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 price target for the company in a report on Friday, September 19th. JPMorgan Chase & Co. upgraded Fiverr International from a “neutral” rating to an “overweight” rating and cut their price target for the stock from $32.00 to $30.00 in a report on Thursday, July 31st. Royal Bank Of Canada cut their price target on Fiverr International from $35.00 to $28.00 and set a “sector perform” rating for the company in a report on Thursday, July 31st. Finally, Oppenheimer cut their price target on Fiverr International from $35.00 to $30.00 and set an “outperform” rating for the company in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $32.60.
Fiverr International Stock Performance
Shares of NYSE FVRR opened at $23.20 on Tuesday. The business has a fifty day simple moving average of $23.62 and a 200 day simple moving average of $26.32. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $831.34 million, a price-to-earnings ratio of 48.33 and a beta of 1.45. Fiverr International has a one year low of $20.83 and a one year high of $36.11.
Fiverr International (NYSE:FVRR – Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.03). The firm had revenue of $108.65 million during the quarter, compared to analyst estimates of $107.75 million. Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts expect that Fiverr International will post 1.04 EPS for the current year.
Fiverr International Profile
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.
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