Fiverr International (NYSE:FVRR) Rating Lowered to Market Perform at JMP Securities

Fiverr International (NYSE:FVRR) was downgraded by investment analysts at JMP Securities from an “outperform” rating to a “market perform” rating in a research report issued on Thursday, MarketBeat.com reports.

Several other research analysts have also commented on the stock. BTIG Research lowered shares of Fiverr International from a “buy” rating to a “neutral” rating in a report on Monday, November 4th. Citigroup lifted their price target on shares of Fiverr International from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Needham & Company LLC restated a “buy” rating and issued a $36.00 price target on shares of Fiverr International in a research note on Wednesday. Finally, UBS Group upped their price target on shares of Fiverr International from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Tuesday, December 3rd. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $33.20.

Fiverr International Trading Down 7.7 %

Shares of FVRR stock opened at $25.71 on Thursday. The stock has a market capitalization of $993.50 million, a P/E ratio of 54.69 and a beta of 1.69. Fiverr International has a fifty-two week low of $18.83 and a fifty-two week high of $36.11. The company has a debt-to-equity ratio of 1.47, a quick ratio of 2.99 and a current ratio of 2.99. The company has a 50 day moving average price of $31.99 and a 200 day moving average price of $28.67.

Institutional Trading of Fiverr International

A number of hedge funds have recently bought and sold shares of the business. Huntington National Bank lifted its holdings in Fiverr International by 38.3% during the 4th quarter. Huntington National Bank now owns 1,465 shares of the company’s stock worth $46,000 after buying an additional 406 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Fiverr International by 134.9% during the 4th quarter. Jones Financial Companies Lllp now owns 1,031 shares of the company’s stock worth $33,000 after buying an additional 592 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in Fiverr International by 5.9% during the 4th quarter. New York State Common Retirement Fund now owns 24,824 shares of the company’s stock worth $788,000 after buying an additional 1,382 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Fiverr International during the 4th quarter worth approximately $57,000. Finally, Geode Capital Management LLC lifted its holdings in Fiverr International by 12.6% during the 3rd quarter. Geode Capital Management LLC now owns 26,472 shares of the company’s stock worth $685,000 after buying an additional 2,961 shares in the last quarter. Institutional investors and hedge funds own 59.00% of the company’s stock.

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.