UBS Group AG Has $5.93 Million Position in Fiverr International $FVRR

UBS Group AG lessened its holdings in Fiverr International (NYSE:FVRRFree Report) by 18.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 300,081 shares of the company’s stock after selling 66,060 shares during the period. UBS Group AG’s holdings in Fiverr International were worth $5,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its position in shares of Fiverr International by 32.5% during the 4th quarter. Sanctuary Advisors LLC now owns 26,600 shares of the company’s stock valued at $526,000 after acquiring an additional 6,531 shares in the last quarter. Eagle Global Advisors LLC acquired a new position in Fiverr International in the fourth quarter worth about $593,000. Strategic Advocates LLC bought a new position in Fiverr International during the third quarter worth about $26,000. Danske Bank A S bought a new position in Fiverr International during the third quarter worth about $437,000. Finally, Dark Forest Capital Management LP acquired a new stake in Fiverr International during the third quarter valued at approximately $220,000. Institutional investors and hedge funds own 59.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FVRR shares. Weiss Ratings upgraded Fiverr International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Fiverr International from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. The Goldman Sachs Group lowered their price target on Fiverr International from $44.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Wall Street Zen lowered Fiverr International from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Roth Mkm cut Fiverr International from a “buy” rating to a “neutral” rating and set a $14.00 price objective for the company. in a report on Thursday, February 19th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $19.30.

Read Our Latest Stock Analysis on FVRR

Fiverr International Stock Performance

NYSE FVRR opened at $10.67 on Thursday. Fiverr International has a 1-year low of $9.67 and a 1-year high of $34.13. The company has a 50 day moving average of $10.57 and a 200-day moving average of $15.25. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.04. The firm has a market cap of $383.51 million, a price-to-earnings ratio of 13.68 and a beta of 1.43.

Fiverr International (NYSE:FVRRGet Free Report) last announced its earnings results on Tuesday, March 31st. The company reported $0.62 EPS for the quarter. The business had revenue of $105.49 million for the quarter. Fiverr International had a return on equity of 17.22% and a net margin of 6.70%. On average, equities analysts forecast that Fiverr International will post 1.15 earnings per share for the current fiscal year.

Fiverr International Company Profile

(Free Report)

Fiverr International Ltd. operates an online marketplace that connects businesses and individuals with freelance talent across a wide range of professional services. Through its platform, Fiverr enables clients to procure work such as graphic design, digital marketing, writing and translation, video and animation, programming and tech, and business services. By offering a streamlined interface for ordering and delivering gig-based work, the company seeks to simplify the procurement of specialized skills on a project-by-project basis.

Founded in 2010 and headquartered in Tel Aviv, Israel, Fiverr serves clients and freelancers around the globe, with a particularly strong presence in North America and Europe.

Further Reading

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Institutional Ownership by Quarter for Fiverr International (NYSE:FVRR)

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