Fiverr International (NYSE:FVRR) Now Covered by Analysts at Weiss Ratings

Weiss Ratings assumed coverage on shares of Fiverr International (NYSE:FVRR) in a research note released on Saturday,Weiss Ratings reports. The brokerage issued a sell (d+) rating on the stock.

Several other research analysts also recently commented on FVRR. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price target on shares of Fiverr International in a research note on Tuesday, September 16th. Oppenheimer dropped their target price on shares of Fiverr International from $35.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 16th. JPMorgan Chase & Co. raised shares of Fiverr International from a “neutral” rating to an “overweight” rating and reduced their target price for the stock from $32.00 to $30.00 in a research report on Thursday, July 31st. UBS Group lowered their price target on Fiverr International from $32.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. 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 research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.60.

Fiverr International Trading Down 1.1%

Fiverr International stock traded down $0.25 during mid-day trading on Friday, hitting $22.39. The company’s stock had a trading volume of 339,138 shares, compared to its average volume of 719,693. 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 50 day moving average of $23.60 and a 200-day moving average of $26.27. Fiverr International has a one year low of $20.83 and a one year high of $36.11. The stock has a market cap of $802.55 million, a PE ratio of 46.71 and a beta of 1.45.

Institutional Investors Weigh In On Fiverr International

A number of large investors have recently modified their holdings of FVRR. Legato Capital Management LLC acquired a new position in shares of Fiverr International during the first quarter valued at about $516,000. Arkadios Wealth Advisors increased its stake in Fiverr International by 7.3% during the 1st quarter. Arkadios Wealth Advisors now owns 147,895 shares of the company’s stock valued at $3,502,000 after purchasing an additional 10,022 shares in the last quarter. Quantbot Technologies LP increased its stake in Fiverr International by 5,825.9% during the 1st quarter. Quantbot Technologies LP now owns 11,911 shares of the company’s stock valued at $282,000 after purchasing an additional 11,710 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Fiverr International by 53.3% in 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. Finally, Jump Financial LLC lifted its stake in shares of Fiverr International by 29.8% during the first quarter. Jump Financial LLC now owns 104,839 shares of the company’s stock worth $2,483,000 after buying an additional 24,085 shares during the period. Hedge funds and other institutional investors own 59.00% of the company’s stock.

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.