Fiverr International Sees Unusually Large Options Volume (NYSE:FVRR)

Key Points

• Fiverr International saw a significant rise in call options trading, with 2,053 options purchased on Friday, marking a 95% increase compared to normal volumes.
• Several institutional investors raised their stakes in Fiverr, with notable increases such as Ameriprise Financial increasing its share by 53.3%, indicating growing confidence in the company.
• Fiverr recently reported earnings of $0.69 per share, missing expectations slightly, but showed a 14.7% revenue growth year-over-year.

Fiverr International (NYSE:FVRR - Get Free Report) saw unusually large options trading on Friday. Traders acquired 2,053 call options on the stock. This represents an increase of approximately 95% compared to the average daily volume of 1,052 call options.

Institutional Investors Weigh In On Fiverr International

Hedge funds have recently bought and sold shares of the stock. Assetmark Inc. bought a new stake in Fiverr International during the second quarter valued at approximately $41,000. Tower Research Capital LLC TRC raised its position in shares of Fiverr International by 4,392.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company's stock valued at $90,000 after buying an additional 2,987 shares in the last quarter. PharVision Advisers LLC bought a new position in Fiverr International in the second quarter valued at $234,000. MQS Management LLC bought a new position in Fiverr International in the second quarter valued at $248,000. Finally, Envestnet Asset Management Inc. bought a new position in Fiverr International in the second quarter valued at $262,000. 59.00% of the stock is currently owned by institutional investors.

Fiverr International Price Performance

NYSE FVRR traded up $0.63 during trading on Tuesday, reaching $25.97. The company's stock had a trading volume of 309,505 shares, compared to its average volume of 732,204. The stock has a market capitalization of $930.76 million, a PE ratio of 54.06 and a beta of 1.35. 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 firm has a fifty day moving average of $23.75 and a 200 day moving average of $26.56. Fiverr International has a one year low of $20.83 and a one year high of $36.11.

Fiverr International (NYSE:FVRR - Get Free Report) last announced its earnings results 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 business had revenue of $108.65 million during 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%.Fiverr International's revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 earnings per share. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts expect that Fiverr International will post 1.04 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wall Street Zen downgraded shares of Fiverr International from a "strong-buy" rating to a "buy" rating in a report on Sunday, June 29th. JPMorgan Chase & Co. raised shares of Fiverr International from a "neutral" rating to an "overweight" rating and lowered their price target for the company from $32.00 to $30.00 in a research report on Thursday, July 31st. UBS Group lowered their price target on shares of Fiverr International from $32.00 to $25.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Needham & Company LLC reaffirmed a "buy" rating and issued a $32.00 price target on shares of Fiverr International in a report on Tuesday, September 16th. Finally, Citigroup dropped their price objective on Fiverr International from $40.00 to $33.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $32.60.

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.