Fiverr International $FVRR Shares Bought by BloombergSen Inc.

Key Points

• BloombergSen Inc. significantly increased its holdings in Fiverr International by 142.4%, now owning 96,252 shares valued at approximately $2.8 million.
• Major institutional investors, including Ameriprise Financial and Jump Financial, have also raised their stakes, demonstrating strong interest in Fiverr, which now has 59% of its stock owned by institutional investors.
• Fiverr reported Q2 earnings of $0.69 per share, missing forecasts, despite a revenue increase of 14.7% year-over-year to $108.65 million, and has a current average analyst rating of "Moderate Buy."

BloombergSen Inc. raised its holdings in Fiverr International (NYSE:FVRR - Free Report) by 142.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,252 shares of the company's stock after purchasing an additional 56,538 shares during the quarter. Fiverr International comprises approximately 0.2% of BloombergSen Inc.'s portfolio, making the stock its 20th largest holding. BloombergSen Inc. owned about 0.27% of Fiverr International worth $2,823,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in Fiverr International by 53.3% in the first quarter. Ameriprise Financial Inc. now owns 1,870,478 shares of the company's stock valued at $44,293,000 after purchasing an additional 650,672 shares during the period. Jump Financial LLC increased its stake in Fiverr International by 29.8% in the first quarter. Jump Financial LLC now owns 104,839 shares of the company's stock valued at $2,483,000 after purchasing an additional 24,085 shares during the period. Legato Capital Management LLC acquired a new position in Fiverr International in the first quarter valued at $516,000. Accurate Wealth Management LLC increased its stake in Fiverr International by 9.8% in the second quarter. Accurate Wealth Management LLC now owns 128,576 shares of the company's stock valued at $3,540,000 after purchasing an additional 11,463 shares during the period. Finally, Quantbot Technologies LP increased its stake in Fiverr International by 5,825.9% in the first quarter. Quantbot Technologies LP now owns 11,911 shares of the company's stock valued at $282,000 after purchasing an additional 11,710 shares during the period. 59.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FVRR has been the topic of a number of recent research reports. JPMorgan Chase & Co. upgraded shares of Fiverr International from a "neutral" rating to an "overweight" rating and dropped their price objective for the company from $32.00 to $30.00 in a research note on Thursday, July 31st. BTIG Research raised shares of Fiverr International from a "neutral" rating to a "buy" rating and set a $31.00 target price on the stock in a report on Friday, September 19th. Zacks Research upgraded shares of Fiverr International from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 22nd. Royal Bank Of Canada dropped their price target 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, Citigroup dropped their price target on shares of Fiverr International from $40.00 to $33.00 and set a "buy" rating on the stock in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $32.60.

Fiverr International Trading Down 4.8%

Shares of Fiverr International stock opened at $23.24 on Thursday. The firm has a market cap of $832.78 million, a price-to-earnings ratio of 48.41 and a beta of 1.45. Fiverr International has a 52-week low of $20.83 and a 52-week high of $36.11. The company's 50-day simple moving average is $23.58 and its 200-day simple moving average is $26.51. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.07.

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

Want to see what other hedge funds are holding FVRR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiverr International (NYSE:FVRR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.