Walleye Capital LLC Buys New Shares in Vimeo, Inc. (NASDAQ:VMEO)

Walleye Capital LLC bought a new stake in Vimeo, Inc. (NASDAQ:VMEO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 129,141 shares of the company's stock, valued at approximately $827,000. Walleye Capital LLC owned 0.08% of Vimeo as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Sterling Capital Management LLC raised its holdings in shares of Vimeo by 780.4% during the 4th quarter. Sterling Capital Management LLC now owns 4,578 shares of the company's stock worth $29,000 after buying an additional 4,058 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Vimeo in the 4th quarter valued at approximately $30,000. Allworth Financial LP boosted its position in Vimeo by 5,662.8% in the fourth quarter. Allworth Financial LP now owns 4,956 shares of the company's stock valued at $31,000 after buying an additional 4,870 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in shares of Vimeo during the fourth quarter worth $36,000. Finally, Xponance Inc. acquired a new position in shares of Vimeo during the fourth quarter worth $67,000. Institutional investors and hedge funds own 84.97% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reduced their price objective on Vimeo from $7.00 to $5.40 and set a "hold" rating on the stock in a research report on Monday, April 7th.

Vimeo Price Performance

Shares of Vimeo stock traded up $0.06 during trading on Friday, hitting $5.20. The company's stock had a trading volume of 1,081,971 shares, compared to its average volume of 1,537,056. The stock has a market cap of $857.23 million, a price-to-earnings ratio of 32.50 and a beta of 2.17. Vimeo, Inc. has a 52 week low of $3.45 and a 52 week high of $7.90. The stock has a 50-day moving average price of $5.29 and a two-hundred day moving average price of $5.96.

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