Russell Investments Group Ltd. boosted its position in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 27.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,162,268 shares of the company's stock after purchasing an additional 248,650 shares during the quarter. Russell Investments Group Ltd. owned 0.70% of Vimeo worth $7,441,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Vimeo by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 17,432,831 shares of the company's stock valued at $111,570,000 after buying an additional 134,171 shares during the period. Geode Capital Management LLC increased its holdings in shares of Vimeo by 5.0% in the third quarter. Geode Capital Management LLC now owns 3,770,805 shares of the company's stock worth $19,046,000 after acquiring an additional 181,137 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Vimeo by 24.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,653,453 shares of the company's stock worth $16,982,000 after purchasing an additional 513,178 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vimeo by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,268,020 shares of the company's stock valued at $8,115,000 after purchasing an additional 9,135 shares in the last quarter. Finally, Boston Partners grew its position in shares of Vimeo by 465.5% in the 4th quarter. Boston Partners now owns 1,194,421 shares of the company's stock valued at $7,643,000 after purchasing an additional 983,198 shares during the period. Institutional investors own 84.97% of the company's stock.
Vimeo Price Performance
Shares of Vimeo stock opened at $4.81 on Friday. The firm has a market cap of $792.94 million, a price-to-earnings ratio of 30.06 and a beta of 2.17. Vimeo, Inc. has a one year low of $3.43 and a one year high of $7.90. The stock's 50-day moving average is $5.63 and its 200-day moving average is $5.96.
Vimeo (NASDAQ:VMEO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.01 earnings per share for the quarter, hitting 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, equities analysts expect that Vimeo, Inc. will post 0.16 EPS for the current year.
Analyst Ratings Changes
Separately, Jefferies Financial Group cut their price target on shares of Vimeo from $7.00 to $5.40 and set a "hold" rating on the stock in a research note on Monday, April 7th.
Read Our Latest Stock Report on VMEO
About Vimeo
(
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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