30.65 0.00 (0.00%)
After hours: 4:36PM EDT
|Bid||30.01 x 800|
|Ask||31.00 x 900|
|Day's Range||30.51 - 31.26|
|52 Week Range||17.88 - 38.37|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than...
The next big stock debut could be the Fiverr IPO. Recently, the IPO market has gotten choppy. Of course, there were the disappointing offerings of the high-profile Uber (NYSE:UBER) and LYFT (NASDAQ:LYFT). Pinterest (NYSE:PINS), which came public in mid-April, is also coming under pressure because of a disappointing earnings report.Source: Microsoft Despite all this, the volume of IPO activity remains strong. It certainly helps that there have been some standout deals like Zoom Video Communications (NASDAQ:ZM). And of course, another key is that -- even with the recent volatility -- the markets are still near all-time highs.So what about the Fiverr IPO?InvestorPlace - Stock Market News, Stock Advice & Trading Tips What Is Fiverr?The roots of Fiverr go back to 2010 when two entrepreneurs in Tel Aviv, Micha Kaufman and Shai Wininger, teamed up to build an online marketplace for connecting freelancers with buyers. The concept was simple: With as little as $5, you could get quality service.According to Micha, in the Fiverr IPO filing: "Shopping online has evolved into an enjoyable experience that has many benefits: efficiency, diversity and choice, transparency of product attributes, quality and price and the reliability of service and delivery. We saw no reason why we couldn't create a similar model for digital services."While the initial Fiverr website was fairly basic, it still worked quite well as growth took off. Along the way, the company was able to raise venture capital from top-tier venture capitalists like Accel Partners and Bessemer Venture Partners. There were also several acquisitions to bulk up the operations, including deals for VeedMe (video creation marketplace), AND CO (software tools for freelancers) and ClearVoice (content marketing).As of now, Fiverr is a diverse platform that offers over 200 services. Just some of these are voiceover, logo design, language translation and blog writing. In fact, since the inception of Fiverr, there have been more than 50 million transactions from over 5.5 million buyers and more than 830,000 sellers. * 7 Stocks to Buy for Over 20% Upside Potential Pulling this off has certainly required sophisticated technology development to scale the operations. And yes, a key part of this has been leveraging AI (Artificial Intelligence). According to the Fiverr IPO filing: "Our proprietary machine learning technology and expansive data sets allow us to personalize experiences for both buyers and sellers. We strive to anticipate our buyers' future needs based on their buying behavior and provide category and service recommendations. We also provide deep insights to our sellers through sophisticated data analytics and streamlined software tools so that they can effectively manage their business and maximize earnings."In terms of growth, it has been robust. In the latest quarter, revenues jumped by 43% to $23.8 million (the company generates revenue primarily from transaction and service fees). The market opportunity is also enormous. Fiverr estimates the spending at a whopping $100 billion. Some of the drivers include: the growth in freelancing, the ubiquity of smartphones and the popularity of the do-it-for-me movement. Bottom Line on Fiverr StockSo what are the prospects of the Fiverr IPO? Well, there have been several online marketplace operators that have come public during the past year and the results have been somewhat mixed. Pluralsight (NASDAQ:PS) has logged an impressive return of 129% while Upwork (NASDAQ:UPWK) is up about 6%.Something else: The initial Fiverr IPO filing does not have any pricing details. Until they are disclosed -- which will likely be in a couple weeks -- it will be easier to evaluate the offering.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post What You Need to Know About the Fiverr IPO appeared first on InvestorPlace.
FARMINGTON, Utah (AP) _ Pluralsight Inc. (PS) on Wednesday reported a loss of $18.9 million in its first quarter. The results topped Wall Street expectations. For the current quarter ending in July, Pluralsight expects its results to range from a loss of 15 cents per share to a loss of 13 cents per share.
Pluralsight, an online training platform focusing on subjects like web development, IT certification, and security training, announced today that it will acquire GitPrime, a dev team productivity tool, for $170M in cash. GitPrime is like an analytics dashboard for code projects. It watches your team's code repositories on services like GitHub or Bitbucket, tracking things like user-by-user code commits over time, ticket activity, and how different team members tackle things like pull requests.
The 700+ hedge funds and money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the fourth quarter, which unveil their equity positions as of December 31. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund positions. Our extensive review […]
Mid-caps stocks, like Pluralsight, Inc. (NASDAQ:PS) with a market capitalization of US$4.1b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. However, history s...
Co-Founder, CEO, & Chairman of Pluralsight Inc (NASDAQ:PS) Aaron Skonnard sold 480,618 shares of PS on 03/11/2019 at an average price of $28.37 a share.
For the last quarter Pluralsight Inc reported a revenue of $67.3 million, compared with the revenue of $47.41 million during the same period a year ago. The Pluralsight Inc had an operating margin of -51.08%, compared with the operating margin of -49.6% a year before. The 10-year historical median operating margin of Pluralsight Inc is -49.60%.
FARMINGTON, Utah (AP) _ Pluralsight Inc. (PS) on Wednesday reported a loss of $15.3 million in its fourth quarter. The results beat Wall Street expectations. For the current quarter ending in April, Pluralsight expects its results to range from a loss of 9 cents per share to a loss of 8 cents per share.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples Read More...
Despite a rough fourth quarter, 2018 was a robust year for U.S. IPOs, with deal numbers and proceeds rising 19 percent and 32 percent, respectively, to 190 and $47 billion, according to IPO investment ...
The Farmington, Utah-based company said it had a loss of 23 cents per share. Losses, adjusted for one-time gains and costs, were 10 cents per share. The results surpassed Wall Street expectations. The ...
Online education company, Pluralsight, Inc. (NASDAQ: PS ) is well-known among the Fortune 500 for training employees in software development and information technology through video courses. The Analysts ...