American Century Companies Inc. Acquires Shares of 117,914 Vimeo, Inc. (NASDAQ:VMEO)

American Century Companies Inc. bought a new position in Vimeo, Inc. (NASDAQ:VMEO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 117,914 shares of the company's stock, valued at approximately $755,000. American Century Companies Inc. owned about 0.07% of Vimeo as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new position in shares of Vimeo in the 4th quarter valued at about $30,000. Allworth Financial LP raised its holdings 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 during the period. Wealthfront Advisers LLC acquired a new position in Vimeo during the fourth quarter valued at approximately $36,000. EP Wealth Advisors LLC purchased a new stake in Vimeo during the third quarter worth approximately $51,000. Finally, Xponance Inc. acquired a new stake in shares of Vimeo in the fourth quarter worth $67,000. 84.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Vimeo Stock Performance

Shares of Vimeo stock traded down $0.02 during trading on Thursday, hitting $4.70. 141,649 shares of the stock were exchanged, compared to its average volume of 1,532,564. Vimeo, Inc. has a 12 month low of $3.43 and a 12 month high of $7.90. The stock's fifty day moving average is $5.52 and its 200 day moving average is $5.94. The stock has a market cap of $774.80 million, a PE ratio of 29.41 and a beta of 2.17.

Vimeo (NASDAQ:VMEO - Get Free Report) last announced 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. Vimeo had a return on equity of 6.72% and a net margin of 6.48%. The firm had revenue of $103.16 million for the quarter, compared to the consensus estimate of $100.60 million. Sell-side analysts anticipate that Vimeo, Inc. will post 0.16 EPS for the current fiscal year.

About Vimeo

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.