Sei Investments Co. Has $3.67 Million Stock Holdings in Vimeo, Inc. (NASDAQ:VMEO)

Sei Investments Co. increased its holdings in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 24.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 572,793 shares of the company's stock after buying an additional 111,848 shares during the quarter. Sei Investments Co. owned 0.35% of Vimeo worth $3,666,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in Vimeo by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 3,770,805 shares of the company's stock worth $19,046,000 after buying an additional 181,137 shares in the last quarter. FMR LLC increased its stake in shares of Vimeo by 65.1% in the third quarter. FMR LLC now owns 1,392,457 shares of the company's stock worth $7,032,000 after acquiring an additional 548,812 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Vimeo by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,268,020 shares of the company's stock worth $8,115,000 after acquiring an additional 9,135 shares in the last quarter. Boston Partners boosted its position in Vimeo by 465.5% during the fourth 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 last quarter. Finally, Royce & Associates LP grew its stake in Vimeo by 15.2% in the fourth quarter. Royce & Associates LP now owns 706,415 shares of the company's stock valued at $4,521,000 after purchasing an additional 93,354 shares in the last quarter. 84.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Piper Sandler raised Vimeo from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $7.00 to $10.00 in a research note on Tuesday, December 10th.

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Vimeo Trading Down 7.2 %

Vimeo stock opened at $4.89 on Friday. Vimeo, Inc. has a 1-year low of $3.43 and a 1-year high of $7.90. The firm's fifty day simple moving average is $5.94 and its 200-day simple moving average is $5.97. The company has a market capitalization of $806.13 million, a P/E ratio of 30.56 and a beta of 2.22.

Vimeo (NASDAQ:VMEO - Get Free Report) last posted its 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 for the quarter, compared to analyst estimates of $100.60 million. Vimeo had a return on equity of 6.72% and a net margin of 6.48%. On average, equities research analysts predict that Vimeo, Inc. will post 0.16 earnings per share for the current 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.

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