Jump Financial LLC Increases Holdings in Fiverr International $FVRR

Key Points

• Jump Financial LLC increased its stake in Fiverr International by 29.8% during the first quarter, now holding approximately 0.29% of the company's shares valued at $2,483,000.
• Fiverr recently reported a quarterly earnings per share (EPS) of $0.69, missing analyst expectations by $0.03, while revenue rose 14.7% year-over-year to $108.65 million.
• The stock has seen various analysts adjusting their price targets, with a consensus rating of "Moderate Buy" and an average target price of $33.13.

Jump Financial LLC increased its position in shares of Fiverr International (NYSE:FVRR - Free Report) by 29.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 104,839 shares of the company's stock after buying an additional 24,085 shares during the quarter. Jump Financial LLC owned about 0.29% of Fiverr International worth $2,483,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its holdings in Fiverr International by 53.3% during the first quarter. Ameriprise Financial Inc. now owns 1,870,478 shares of the company's stock worth $44,293,000 after buying an additional 650,672 shares during the last quarter. Engine Capital Management LP raised its stake in shares of Fiverr International by 2.3% in the fourth quarter. Engine Capital Management LP now owns 1,204,316 shares of the company's stock worth $38,213,000 after purchasing an additional 27,003 shares during the last quarter. Millennium Management LLC raised its stake in shares of Fiverr International by 169.9% in the fourth quarter. Millennium Management LLC now owns 305,886 shares of the company's stock worth $9,706,000 after purchasing an additional 192,534 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Fiverr International by 7.3% in the first 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. Finally, Public Employees Retirement System of Ohio raised its position in Fiverr International by 60.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 42,336 shares of the company's stock valued at $1,343,000 after buying an additional 15,951 shares during the last quarter. 59.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Royal Bank Of Canada lowered their price target on Fiverr International from $35.00 to $28.00 and set a "sector perform" rating for the company in a research report on Thursday, July 31st. Needham & Company LLC cut their price objective on Fiverr International from $36.00 to $32.00 and set a "buy" rating on the stock in a research report on Thursday, July 31st. The Goldman Sachs Group upped their price objective on Fiverr International from $41.00 to $47.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Wall Street Zen cut Fiverr International from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 29th. Finally, Citigroup cut their price target on shares of Fiverr International from $40.00 to $33.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Fiverr International presently has a consensus rating of "Moderate Buy" and an average target price of $33.13.

Fiverr International Price Performance

NYSE FVRR traded down $0.06 on Friday, hitting $23.56. The stock had a trading volume of 467,159 shares, compared to its average volume of 1,012,152. Fiverr International has a 52-week low of $20.83 and a 52-week 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 company has a market capitalization of $844.48 million, a price-to-earnings ratio of 49.08 and a beta of 1.45. The firm has a 50-day moving average of $25.23 and a 200-day moving average of $27.01.

Fiverr International (NYSE:FVRR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) 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 firm had revenue of $108.65 million during the quarter, compared to analysts' expectations of $107.75 million. During the same quarter in the prior year, the company earned $0.58 earnings per share. The business's revenue for the quarter 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. Equities analysts expect that Fiverr International will post 1.04 EPS for the current 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.