Goldman Sachs Group Inc. Sells 33,641 Shares of Fiverr International $FVRR

Key Points

• Goldman Sachs Group Inc. reduced its stake in Fiverr International by 14.9%, selling 33,641 shares and now owning 191,745 shares valued at approximately $4.54 million.
• Several hedge funds increased their positions in Fiverr, with Quantbot Technologies LP growing their stake by an astonishing 5,825.9% during the first quarter.
• Analysts have mixed ratings on Fiverr International stock, with a consensus rating of "Moderate Buy" and a price target averaging $32.78, reflecting variations in target prices from different brokerages.

Goldman Sachs Group Inc. cut its stake in Fiverr International (NYSE:FVRR - Free Report) by 14.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,745 shares of the company's stock after selling 33,641 shares during the period. Goldman Sachs Group Inc. owned approximately 0.54% of Fiverr International worth $4,541,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FVRR. Millennium Management LLC raised its holdings in Fiverr International by 169.9% in the 4th quarter. Millennium Management LLC now owns 305,886 shares of the company's stock valued at $9,706,000 after acquiring an additional 192,534 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings 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 acquiring an additional 15,951 shares in the last quarter. Legato Capital Management LLC acquired a new position in Fiverr International in the 1st quarter valued at $516,000. Arkadios Wealth Advisors raised 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 valued at $3,502,000 after acquiring an additional 10,022 shares in the last quarter. Finally, Quantbot Technologies LP raised its holdings in Fiverr International by 5,825.9% in the 1st quarter. Quantbot Technologies LP now owns 11,911 shares of the company's stock valued at $282,000 after acquiring an additional 11,710 shares in the last quarter. 59.00% of the stock is owned by institutional investors and hedge funds.

Fiverr International Price Performance

FVRR stock traded up $1.51 during midday trading on Friday, reaching $26.72. 2,362,692 shares of the stock were exchanged, compared to its average volume of 591,586. The stock has a market capitalization of $957.64 million, a PE ratio of 55.67 and a beta of 1.35. 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 current ratio of 1.32 and a quick ratio of 1.32. The company has a fifty day moving average price of $23.78 and a 200 day moving average price of $26.55.

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

Analyst Ratings Changes

FVRR has been the topic of several recent analyst reports. Needham & Company LLC reiterated a "buy" rating and issued a $32.00 price target on shares of Fiverr International in a research note on Tuesday. Royal Bank Of Canada decreased their price target on 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. Wall Street Zen lowered Fiverr International from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 29th. UBS Group decreased their price target on Fiverr International from $32.00 to $25.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. upgraded Fiverr International from a "neutral" rating to an "overweight" rating and decreased their price target for the company from $32.00 to $30.00 in a research note on Thursday, July 31st. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $32.60.

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.