Connor Clark & Lunn Investment Management Ltd. Buys 149,125 Shares of Fiverr International $FVRR

Connor Clark & Lunn Investment Management Ltd. raised its stake in Fiverr International (NYSE:FVRR) by 16.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,077,797 shares of the company’s stock after acquiring an additional 149,125 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 3.01% of Fiverr International worth $31,612,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of FVRR. Assetmark Inc. purchased a new position in Fiverr International in the second quarter valued at approximately $41,000. MQS Management LLC bought a new stake in shares of Fiverr International in the second quarter valued at $248,000. Envestnet Asset Management Inc. purchased a new position in shares of Fiverr International during the 2nd quarter valued at $262,000. Quantbot Technologies LP grew its stake 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 worth $282,000 after acquiring an additional 11,710 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its stake in shares of Fiverr International by 7.4% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 16,752 shares of the company’s stock worth $491,000 after acquiring an additional 1,157 shares during the period. Hedge funds and other institutional investors own 59.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on FVRR. BTIG Research raised shares of Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 price objective on the stock in a report on Friday, September 19th. Citigroup dropped their price target on shares of Fiverr International from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised shares of Fiverr International from a “neutral” rating to an “overweight” rating and cut their price objective for the stock from $32.00 to $30.00 in a report on Thursday, July 31st. Oppenheimer lowered their target price on shares of Fiverr International from $35.00 to $30.00 and set an “outperform” rating on the stock in a report on Tuesday, September 16th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price target on shares of Fiverr International in a report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $32.60.

Fiverr International Stock Performance

Fiverr International stock opened at $20.87 on Monday. Fiverr International has a 1-year low of $19.69 and a 1-year high of $36.11. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $748.05 million, a PE ratio of 35.38 and a beta of 1.49. The firm’s 50 day simple moving average is $23.37 and its 200 day simple moving average is $26.14.

Fiverr International (NYSE:FVRR) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. Fiverr International had a net margin of 5.23% and a return on equity of 13.53%. The firm had revenue of $107.90 million during the quarter, compared to analyst estimates of $107.88 million. During the same period in the previous year, the business earned $0.64 EPS. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Fiverr International has set its Q4 2025 guidance at EPS. As a group, analysts expect that Fiverr International will post 1.04 earnings per share for the current fiscal year.

Fiverr International 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.