Fiverr International (NYSE:FVRR) CFO Dadon Esther Levy Sells 2,000 Shares of Stock

Fiverr International (NYSE:FVRR) CFO Dadon Esther Levy sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $11.04, for a total transaction of $22,080.00. Following the transaction, the chief financial officer directly owned 158,572 shares in the company, valued at $1,750,634.88. The trade was a 1.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fiverr International Stock Down 1.5%

FVRR stock opened at $11.10 on Wednesday. Fiverr International has a one year low of $9.58 and a one year high of $28.00. The company has a 50 day moving average price of $10.67 and a two-hundred day moving average price of $12.43. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market capitalization of $398.90 million, a P/E ratio of 14.23 and a beta of 1.39.

Fiverr International (NYSE:FVRR) last released its earnings results on Tuesday, March 31st. The company reported $0.62 EPS for the quarter. Fiverr International had a return on equity of 17.22% and a net margin of 6.70%.The firm had revenue of $105.49 million during the quarter. As a group, sell-side analysts expect that Fiverr International will post 1.24 EPS for the current year.

Institutional Trading of Fiverr International

Several large investors have recently bought and sold shares of the company. Sparta 24 Ltd. acquired a new position in shares of Fiverr International in the first quarter worth about $9,410,000. Invenomic Capital Management LP acquired a new stake in Fiverr International during the 3rd quarter valued at approximately $15,194,000. Engine Capital Management LP grew its stake in Fiverr International by 78.4% during the 1st quarter. Engine Capital Management LP now owns 1,338,644 shares of the company’s stock valued at $13,413,000 after purchasing an additional 588,220 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Fiverr International by 26.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,690,147 shares of the company’s stock worth $65,666,000 after purchasing an additional 566,636 shares during the last quarter. Finally, Man Group plc increased its holdings in Fiverr International by 562.3% during the 4th quarter. Man Group plc now owns 279,484 shares of the company’s stock worth $5,523,000 after purchasing an additional 237,284 shares during the last quarter. Institutional investors and hedge funds own 59.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Weiss Ratings raised shares of Fiverr International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Wall Street Zen raised shares of Fiverr International from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Zacks Research upgraded shares of Fiverr International from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Fiverr International currently has an average rating of “Hold” and an average price target of $19.30.

About Fiverr International

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.