GSA Capital Partners LLP Makes New $2.35 Million Investment in Vimeo, Inc. (NASDAQ:VMEO)

Key Points

• GSA Capital Partners LLP invested approximately $2.35 million in Vimeo, acquiring 446,260 shares, representing about 0.27% of the company.
• Vimeo's quarterly earnings report showed an EPS of ($0.02), exceeding analyst expectations, with revenue of $103.03 million, although it was down 1.8% from the previous year.
• Institutional investors own 84.97% of Vimeo's stock, indicating strong investor confidence in the company.

GSA Capital Partners LLP acquired a new position in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 446,260 shares of the company's stock, valued at approximately $2,347,000. GSA Capital Partners LLP owned approximately 0.27% of Vimeo as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VMEO. GAMMA Investing LLC grew its position in Vimeo by 1,547.0% in the first quarter. GAMMA Investing LLC now owns 4,908 shares of the company's stock valued at $26,000 after purchasing an additional 4,610 shares in the last quarter. Sterling Capital Management LLC grew its position in shares of Vimeo by 780.4% in the 4th quarter. Sterling Capital Management LLC now owns 4,578 shares of the company's stock valued at $29,000 after acquiring an additional 4,058 shares during the period. Point72 Asia Singapore Pte. Ltd. grew its position in shares of Vimeo by 919.9% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,231 shares of the company's stock valued at $46,000 after acquiring an additional 6,522 shares during the period. Quarry LP bought a new position in shares of Vimeo in the 4th quarter valued at about $47,000. Finally, MQS Management LLC bought a new position in shares of Vimeo in the 1st quarter valued at about $71,000. Institutional investors own 84.97% of the company's stock.

Vimeo Trading Down 1.5%

VMEO stock opened at $4.03 on Tuesday. Vimeo, Inc. has a 12 month low of $3.44 and a 12 month high of $7.90. The company has a 50-day moving average price of $4.19 and a 200 day moving average price of $5.09. The stock has a market cap of $663.90 million, a PE ratio of 40.30 and a beta of 2.01.

Vimeo (NASDAQ:VMEO - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.01. The firm had revenue of $103.03 million for the quarter, compared to the consensus estimate of $101.57 million. Vimeo had a net margin of 4.10% and a return on equity of 4.26%. The company's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.04 EPS. Sell-side analysts forecast that Vimeo, Inc. will post 0.16 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Jefferies Financial Group dropped their price objective on shares of Vimeo from $7.00 to $5.40 and set a "hold" rating for the company in a research note on Monday, April 7th. Piper Sandler set a $8.00 target price on shares of Vimeo and gave the stock an "overweight" rating in a research report on Tuesday, May 6th.

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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