Qtron Investments LLC Makes New Investment in Vimeo, Inc. (NASDAQ:VMEO)

Qtron Investments LLC acquired a new stake in Vimeo, Inc. (NASDAQ:VMEOFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,869 shares of the company’s stock, valued at approximately $50,000.

A number of other institutional investors also recently modified their holdings of VMEO. Gotham Asset Management LLC grew its holdings in Vimeo by 39.5% in the third quarter. Gotham Asset Management LLC now owns 140,980 shares of the company’s stock worth $499,000 after purchasing an additional 39,934 shares during the period. Vanguard Group Inc. grew its stake in shares of Vimeo by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 15,259,338 shares of the company’s stock valued at $54,018,000 after buying an additional 483,443 shares during the period. SG Americas Securities LLC increased its position in Vimeo by 28.9% in the 4th quarter. SG Americas Securities LLC now owns 78,783 shares of the company’s stock valued at $309,000 after buying an additional 17,657 shares in the last quarter. Aigen Investment Management LP acquired a new position in Vimeo during the 3rd quarter worth approximately $179,000. Finally, Swiss National Bank boosted its holdings in 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 acquiring an additional 4,600 shares in the last quarter. Institutional investors and hedge funds own 84.97% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler reissued a “neutral” rating and issued a $4.50 price objective (up previously from $4.00) on shares of Vimeo in a research note on Tuesday, May 7th.

Get Our Latest Analysis on VMEO

Vimeo Trading Up 1.0 %

Vimeo stock opened at $3.88 on Friday. The firm has a market capitalization of $656.77 million, a price-to-earnings ratio of 22.82 and a beta of 2.02. The firm’s fifty day moving average price is $3.80 and its two-hundred day moving average price is $4.00. Vimeo, Inc. has a 1-year low of $3.02 and a 1-year high of $5.77.

Vimeo (NASDAQ:VMEOGet Free Report) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. The business had revenue of $104.91 million for the quarter, compared to analysts’ expectations of $100.40 million. Vimeo had a net margin of 6.88% and a return on equity of 7.71%. The company’s revenue was up 1.3% on a year-over-year basis. On average, research analysts forecast that Vimeo, Inc. will post 0.04 EPS for the current year.

Vimeo Company 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.

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Institutional Ownership by Quarter for Vimeo (NASDAQ:VMEO)

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