Engine Capital Management LP Reduces Stake in Fiverr International $FVRR

Engine Capital Management LP decreased its holdings in Fiverr International (NYSE:FVRR) by 97.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,291 shares of the company’s stock after selling 1,179,025 shares during the quarter. Fiverr International accounts for about 0.1% of Engine Capital Management LP’s investment portfolio, making the stock its 29th largest position. Engine Capital Management LP owned approximately 0.07% of Fiverr International worth $599,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Arkadios Wealth Advisors boosted its position in shares of Fiverr International by 7.3% in the first quarter. Arkadios Wealth Advisors now owns 147,895 shares of the company’s stock worth $3,502,000 after purchasing an additional 10,022 shares during the period. Quantbot Technologies LP raised its position in shares of 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 buying an additional 11,710 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Fiverr International by 60.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 42,336 shares of the company’s stock valued at $1,343,000 after purchasing an additional 15,951 shares during the period. Legato Capital Management LLC bought a new stake in Fiverr International in the first quarter worth $516,000. Finally, Jump Financial LLC boosted its stake in 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. Institutional investors own 59.00% of the company’s stock.

Fiverr International Stock Performance

Shares of NYSE:FVRR opened at $23.35 on Thursday. The firm’s 50 day simple moving average is $24.88 and its 200-day simple moving average is $26.85. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.32 and a current ratio of 1.32. Fiverr International has a one year low of $20.83 and a one year high of $36.11. The firm has a market cap of $836.79 million, a PE ratio of 48.64 and a beta of 1.35.

Fiverr International (NYSE:FVRR) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.03). The firm 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%.The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the company earned $0.58 EPS. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts predict that Fiverr International will post 1.04 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Royal Bank Of Canada reduced their target price on shares of Fiverr International from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 31st. Scotiabank increased their price objective on shares of Fiverr International from $31.00 to $34.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 8th. The Goldman Sachs Group raised their price objective on shares of Fiverr International from $41.00 to $47.00 and gave the stock a “buy” rating in a research note on Thursday, May 8th. Needham & Company LLC cut their target price on Fiverr International from $36.00 to $32.00 and set a “buy” rating on the stock in a research note on Thursday, July 31st. Finally, UBS Group reduced their price target on Fiverr International from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $33.13.

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.