Quantbot Technologies LP Boosts Holdings in Fiverr International $FVRR

Key Points

• Quantbot Technologies LP significantly increased its stake in Fiverr International by 5,825.9%, owning 11,911 shares valued at $282,000 after acquiring more shares in Q1.
• Analysts have mixed views on Fiverr's stock, with Goldman Sachs raising its target price from $41 to $47, while others like Royal Bank of Canada lowered theirs from $35 to $28.
• Fiverr International reported a 14.7% increase in quarterly revenue year-over-year but missed earnings expectations with $0.69 EPS against a consensus of $0.72.

Quantbot Technologies LP raised its holdings in shares of Fiverr International (NYSE:FVRR - Free Report) by 5,825.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,911 shares of the company's stock after acquiring an additional 11,710 shares during the quarter. Quantbot Technologies LP's holdings in Fiverr International were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legato Capital Management LLC bought a new stake in shares of Fiverr International during the 1st quarter valued at $516,000. Millennium Management LLC raised its position in shares of Fiverr International by 169.9% during the 4th quarter. Millennium Management LLC now owns 305,886 shares of the company's stock valued at $9,706,000 after purchasing an additional 192,534 shares during the period. Engine Capital Management LP raised its position in shares of Fiverr International by 2.3% during the 4th quarter. Engine Capital Management LP now owns 1,204,316 shares of the company's stock valued at $38,213,000 after purchasing an additional 27,003 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of Fiverr International by 60.5% during 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 purchasing an additional 15,951 shares during the period. Finally, Arkadios Wealth Advisors increased 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 during the last quarter. 59.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

FVRR has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised shares of Fiverr International from a "neutral" rating to an "overweight" rating and dropped their price objective for the stock from $32.00 to $30.00 in a research note on Thursday, July 31st. Scotiabank lifted their price objective on shares of Fiverr International from $31.00 to $34.00 and gave the stock a "sector outperform" rating in a research note on Thursday, May 8th. Royal Bank Of Canada dropped their price objective on shares of Fiverr International from $35.00 to $28.00 and set a "sector perform" rating for the company in a research note on Thursday, July 31st. Citigroup dropped their price target on shares of Fiverr International from $40.00 to $33.00 and set a "buy" rating for the company in a research note on Thursday, July 31st. Finally, Needham & Company LLC dropped their price target on shares of Fiverr International from $36.00 to $32.00 and set a "buy" rating for the company in a research note on Thursday, July 31st. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $33.13.

Fiverr International Trading Down 0.3%

Fiverr International stock traded down $0.06 during trading hours on Monday, hitting $23.56. The company had a trading volume of 467,159 shares, compared to its average volume of 979,965. The firm has a market cap of $844.39 million, a P/E ratio of 49.08 and a beta of 1.35. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.32 and a current ratio of 1.32. Fiverr International has a 1 year low of $20.83 and a 1 year high of $36.11. The company has a 50-day moving average price of $25.23 and a two-hundred day moving average price of $26.97.

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 the consensus estimate of $0.72 by ($0.03). The company had revenue of $108.65 million during the quarter, compared to analysts' expectations of $107.75 million. Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. Fiverr International's quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the firm earned $0.58 earnings per share. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Fiverr International will post 1.04 earnings per share for the current year.

About Fiverr International

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.