Shaker Investments LLC OH Invests $552,000 in Fiverr International Ltd. (NYSE:FVRR)

Shaker Investments LLC OH acquired a new position in shares of Fiverr International Ltd. (NYSE:FVRR - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 21,336 shares of the company's stock, valued at approximately $552,000. Shaker Investments LLC OH owned approximately 0.06% of Fiverr International at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Van ECK Associates Corp grew its stake in Fiverr International by 18.4% during the 2nd quarter. Van ECK Associates Corp now owns 14,183 shares of the company's stock valued at $332,000 after acquiring an additional 2,208 shares in the last quarter. California State Teachers Retirement System lifted its position in Fiverr International by 9.5% during the first quarter. California State Teachers Retirement System now owns 35,529 shares of the company's stock worth $749,000 after buying an additional 3,095 shares in the last quarter. Vima LLC acquired a new position in Fiverr International during the fourth quarter worth $86,000. Janney Montgomery Scott LLC grew its holdings in Fiverr International by 21.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 41,268 shares of the company's stock valued at $870,000 after buying an additional 7,307 shares in the last quarter. Finally, Swedbank AB purchased a new stake in Fiverr International in the 1st quarter valued at $400,000. 59.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on FVRR. Roth Mkm reaffirmed a "buy" rating and set a $32.00 target price (up from $30.00) on shares of Fiverr International in a research note on Thursday, August 1st. The Goldman Sachs Group decreased their price objective on Fiverr International from $44.00 to $39.00 and set a "buy" rating on the stock in a report on Thursday, August 1st. Needham & Company LLC reissued a "buy" rating and set a $36.00 target price on shares of Fiverr International in a research note on Wednesday, July 31st. Finally, UBS Group lowered Fiverr International from a "buy" rating to a "neutral" rating and decreased their price target for the company from $37.00 to $25.00 in a research note on Tuesday, July 2nd. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $31.30.

Fiverr International Stock Up 2.7 %

Shares of FVRR traded up $0.63 during mid-day trading on Friday, hitting $23.62. 652,473 shares of the company's stock were exchanged, compared to its average volume of 840,875. The stock's 50-day moving average is $24.69 and its 200-day moving average is $23.34. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.17 and a current ratio of 3.17. Fiverr International Ltd. has a fifty-two week low of $18.83 and a fifty-two week high of $31.61. The company has a market cap of $913.01 million, a price-to-earnings ratio of 107.36 and a beta of 1.71.

Fiverr International (NYSE:FVRR - Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. The company had revenue of $94.66 million for the quarter, compared to analyst estimates of $94.69 million. Fiverr International had a net margin of 3.17% and a return on equity of 5.67%. On average, sell-side analysts anticipate that Fiverr International Ltd. will post 0.57 earnings per share for the current fiscal 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.