Aberdeen Group plc Reduces Position in Fiverr International $FVRR

Key Points

• Aberdeen Group plc reduced its stake in Fiverr International by 40.0%, selling 47,721 shares, leaving it with about 71,581 shares valued at $2,104,000.
• Fiverr International's stock has seen mixed analyst reviews, with target prices ranging from $25.00 to $33.00, and a consensus rating of "Moderate Buy".
• The company reported Q2 earnings of $0.69 EPS, missing the expected $0.72, but achieved a revenue of $108.65 million, up 14.7% year-over-year.

Aberdeen Group plc trimmed its position in shares of Fiverr International (NYSE:FVRR - Free Report) by 40.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,581 shares of the company's stock after selling 47,721 shares during the period. Aberdeen Group plc owned about 0.20% of Fiverr International worth $2,104,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP boosted its position in shares of Fiverr International by 5,825.9% during the first quarter. Quantbot Technologies LP now owns 11,911 shares of the company's stock valued at $282,000 after buying an additional 11,710 shares during the period. Legato Capital Management LLC bought a new stake in shares of Fiverr International during the 1st quarter worth approximately $516,000. BloombergSen Inc. boosted its holdings in Fiverr International by 142.4% during the 2nd quarter. BloombergSen Inc. now owns 96,252 shares of the company's stock valued at $2,823,000 after acquiring an additional 56,538 shares during the period. Jump Financial LLC grew its position in Fiverr International by 29.8% in the 1st quarter. Jump Financial LLC now owns 104,839 shares of the company's stock valued at $2,483,000 after acquiring an additional 24,085 shares during the last quarter. Finally, Accurate Wealth Management LLC grew its position in Fiverr International by 9.8% in the 2nd quarter. Accurate Wealth Management LLC now owns 128,576 shares of the company's stock valued at $3,540,000 after acquiring an additional 11,463 shares during the last quarter. Institutional investors own 59.00% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FVRR shares. Oppenheimer decreased their target price on Fiverr International from $35.00 to $30.00 and set an "outperform" rating for the company in a research report on Tuesday, September 16th. BTIG Research raised shares of Fiverr International from a "neutral" rating to a "buy" rating and set a $31.00 price target on the stock in a research note on Friday, September 19th. Citigroup lowered their price objective on shares of Fiverr International from $40.00 to $33.00 and set a "buy" rating for the company in a research report on Thursday, July 31st. Royal Bank Of Canada dropped their target price on shares of Fiverr International from $35.00 to $28.00 and set a "sector perform" rating on the stock in a research note on Thursday, July 31st. Finally, UBS Group decreased their price target on shares of Fiverr International from $32.00 to $25.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.60.

Fiverr International Trading Down 1.0%

NYSE:FVRR opened at $21.88 on Friday. Fiverr International has a one year low of $20.83 and a one year high of $36.11. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market cap of $784.18 million, a P/E ratio of 45.58 and a beta of 1.45. The firm has a 50-day simple moving average of $23.54 and a 200-day simple moving average of $26.32.

Fiverr International (NYSE:FVRR - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.72 by ($0.03). The business had revenue of $108.65 million for the quarter, compared to the consensus estimate of $107.75 million. Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. Fiverr International's revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 earnings per share. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that Fiverr International will post 1.04 EPS for the current fiscal year.

Fiverr International Company 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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