Published on 5 Mar 2024 on Insider Monkey via Yahoo Finance
Should You Consider Adding Fiverr International Ltd. (FVRR) to Your Portfolio?
Baron Funds, an investment management firm, released its “Baron Global Advantage Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The fund was up 14.8% (institutional shares) in the fourth quarter compared to an 11.0% gain for the MSCI ACWI Index (the Index) and a 12.7% gain for the MSCI ACWI Growth Index, the Fund’s benchmarks. The fund appreciated 25.6% for the full year compared to 22.2% and 33.2% for the benchmarks, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
Baron Global Advantage Fund featured stocks like Fiverr International Ltd. (NYSE:FVRR) in its Q4 2023 investor letter. Headquartered in Tel Aviv, Israel, Fiverr International Ltd. (NYSE:FVRR) is an online marketplace. On March 4, 2024, Fiverr International Ltd. (NYSE:FVRR) stock closed at $22.81 per share. One-month return of Fiverr International Ltd. (NYSE:FVRR) was -17.11%, and its shares lost 41.83% of their value over the last 52 weeks. Fiverr International Ltd. (NYSE:FVRR) has a market capitalization of $895.954 million.
Baron Global Advantage Fund stated the following regarding Fiverr International Ltd. (NYSE:FVRR) in its fourth quarter 2023 investor letter: