Fiverr International (NYSE:FVRR) Receives Consensus Recommendation of "Hold" from Brokerages

Fiverr International (NYSE:FVRR - Get Free Report) has been given a consensus recommendation of "Hold" by the eleven analysts that are currently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $36.00.

Several equities analysts have commented on FVRR shares. Citigroup lifted their target price on shares of Fiverr International from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Wall Street Zen cut shares of Fiverr International from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 29th. Needham & Company LLC reissued a "buy" rating and set a $36.00 target price on shares of Fiverr International in a research report on Thursday, May 8th. The Goldman Sachs Group lifted their target price on shares of Fiverr International from $41.00 to $47.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Fiverr International from $27.00 to $32.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp grew its position in shares of Fiverr International by 134.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,031 shares of the company's stock valued at $33,000 after purchasing an additional 592 shares in the last quarter. Huntington National Bank boosted its position in Fiverr International by 38.3% during the fourth quarter. Huntington National Bank now owns 1,465 shares of the company's stock valued at $46,000 after buying an additional 406 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Fiverr International during the fourth quarter valued at about $187,000. Quantbot Technologies LP raised its stake 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 acquiring an additional 11,710 shares during the last quarter. Finally, Legato Capital Management LLC bought a new position in shares of Fiverr International during the first quarter valued at about $516,000. 59.00% of the stock is currently owned by hedge funds and other institutional investors.

Fiverr International Price Performance

Fiverr International stock opened at $27.25 on Friday. Fiverr International has a 52 week low of $20.83 and a 52 week high of $36.11. The company's 50 day moving average price is $30.55 and its two-hundred day moving average price is $29.05. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.06. The stock has a market cap of $976.64 million, a P/E ratio of 57.98 and a beta of 1.54.

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.

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