Dynamic Technology Lab Private Ltd increased its stake in shares of Vimeo, Inc. (NASDAQ:VMEO – Free Report) by 76.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,293 shares of the company’s stock after purchasing an additional 50,269 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.07% of Vimeo worth $456,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in VMEO. Gotham Asset Management LLC grew its stake in shares of Vimeo by 39.5% during the third quarter. Gotham Asset Management LLC now owns 140,980 shares of the company’s stock worth $499,000 after acquiring an additional 39,934 shares during the last quarter. Vanguard Group Inc. lifted its position in Vimeo by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 15,259,338 shares of the company’s stock worth $54,018,000 after acquiring an additional 483,443 shares during the period. SG Americas Securities LLC grew its stake in Vimeo by 28.9% during the 4th quarter. SG Americas Securities LLC now owns 78,783 shares of the company’s stock valued at $309,000 after purchasing an additional 17,657 shares during the last quarter. Aigen Investment Management LP acquired a new position in shares of Vimeo in the third quarter valued at about $179,000. Finally, Swiss National Bank raised its stake in shares of Vimeo by 1.4% in the third quarter. Swiss National Bank now owns 326,618 shares of the company’s stock worth $1,156,000 after purchasing an additional 4,600 shares during the last quarter. 84.97% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Piper Sandler reiterated a “neutral” rating and issued a $4.50 target price (up previously from $4.00) on shares of Vimeo in a research report on Tuesday, May 7th.
Get Our Latest Stock Report on VMEO
Vimeo Price Performance
Shares of Vimeo stock opened at $3.80 on Friday. The stock has a market cap of $643.23 million, a PE ratio of 22.35 and a beta of 2.02. The firm has a fifty day moving average price of $3.97 and a 200 day moving average price of $3.99. Vimeo, Inc. has a 1 year low of $3.02 and a 1 year high of $5.77.
Vimeo (NASDAQ:VMEO – Get Free Report) last released its quarterly earnings data on Monday, May 6th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $104.91 million during the quarter, compared to analyst estimates of $100.40 million. Vimeo had a return on equity of 7.71% and a net margin of 6.88%. The company’s revenue was up 1.3% compared to the same quarter last year. As a group, equities analysts expect that Vimeo, Inc. will post 0.04 EPS for the current year.
Vimeo Profile
(Free Report)
Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.
See Also
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