Integrated Quantitative Investments LLC Buys New Shares in Vimeo, Inc. (NASDAQ:VMEO)

Integrated Quantitative Investments LLC bought a new stake in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 124,004 shares of the company's stock, valued at approximately $794,000. Integrated Quantitative Investments LLC owned 0.07% of Vimeo at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Intech Investment Management LLC acquired a new stake in shares of Vimeo during the third quarter worth $175,000. FMR LLC grew its position in shares of Vimeo by 65.1% during the 3rd quarter. FMR LLC now owns 1,392,457 shares of the company's stock worth $7,032,000 after buying an additional 548,812 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Vimeo by 2.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 284,948 shares of the company's stock valued at $1,439,000 after acquiring an additional 5,772 shares during the period. Verition Fund Management LLC boosted its stake in Vimeo by 199.8% during the 3rd quarter. Verition Fund Management LLC now owns 71,090 shares of the company's stock worth $359,000 after acquiring an additional 47,378 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in Vimeo by 66.0% during the third quarter. HighTower Advisors LLC now owns 79,952 shares of the company's stock valued at $403,000 after purchasing an additional 31,800 shares during the period. Institutional investors own 84.97% of the company's stock.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut their target price on shares of Vimeo from $7.00 to $5.40 and set a "hold" rating on the stock in a report on Monday.

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Vimeo Trading Down 4.2 %

Shares of NASDAQ:VMEO traded down $0.22 during trading on Thursday, hitting $4.87. 384,978 shares of the company's stock traded hands, compared to its average volume of 1,543,636. The company has a 50-day moving average price of $5.71 and a 200-day moving average price of $5.96. Vimeo, Inc. has a 52 week low of $3.43 and a 52 week high of $7.90. The company has a market cap of $802.00 million, a price-to-earnings ratio of 30.35 and a beta of 2.17.

Vimeo (NASDAQ:VMEO - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $103.16 million during the quarter, compared to analysts' expectations of $100.60 million. Vimeo had a net margin of 6.48% and a return on equity of 6.72%. On average, analysts predict that Vimeo, Inc. will post 0.16 earnings per share for the current fiscal year.

Vimeo Profile

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.