Northern Right Capital Management L.P. Acquires New Holdings in Vimeo, Inc. $VMEO

Key Points

• Northern Right Capital Management L.P. acquired 775,000 shares of Vimeo, valued at approximately $4.08 million, making it the firm's 18th largest position with a 1.7% portfolio stake.
• Shares of Vimeo currently trade at $4.20, with a market cap of $695.98 million, despite a year-over-year revenue increase of only 0.3% to $104.65 million.
• Wall Street analysts have raised Vimeo's rating from "hold" to "buy", with an average price target of $7.10, indicating potential growth expectations for the company's stock.

Northern Right Capital Management L.P. purchased 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 firm purchased 775,000 shares of the company's stock, valued at approximately $4,076,000. Vimeo makes up 1.7% of Northern Right Capital Management L.P.'s holdings, making the stock its 18th largest holding. Northern Right Capital Management L.P. owned 0.47% of Vimeo at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Wells Fargo & Company MN raised its stake in Vimeo by 23.5% during the fourth quarter. Wells Fargo & Company MN now owns 87,867 shares of the company's stock worth $562,000 after purchasing an additional 16,699 shares during the period. Barclays PLC raised its holdings in shares of Vimeo by 13.6% in the 4th quarter. Barclays PLC now owns 273,313 shares of the company's stock worth $1,750,000 after purchasing an additional 32,658 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Vimeo in the 4th quarter valued at about $129,000. Dimensional Fund Advisors LP lifted its stake in shares of Vimeo by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,863,223 shares of the company's stock valued at $31,126,000 after purchasing an additional 60,174 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Vimeo by 4.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 195,182 shares of the company's stock valued at $1,250,000 after purchasing an additional 8,869 shares in the last quarter. Hedge funds and other institutional investors own 84.97% of the company's stock.

Wall Street Analysts Forecast Growth

VMEO has been the topic of several research analyst reports. Piper Sandler reaffirmed an "overweight" rating and issued a $7.00 price objective (down from $8.00) on shares of Vimeo in a research note on Tuesday, August 5th. Wall Street Zen upgraded Vimeo from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $7.10.

Vimeo Stock Up 1.0%

Shares of NASDAQ:VMEO traded up $0.04 during trading on Wednesday, hitting $4.19. 1,100,000 shares of the company traded hands, compared to its average volume of 1,240,819. The stock has a market capitalization of $694.32 million, a price-to-earnings ratio of 52.38 and a beta of 2.01. The business's fifty day moving average is $4.02 and its 200-day moving average is $4.65. Vimeo, Inc. has a one year low of $3.64 and a one year high of $7.90.

Vimeo (NASDAQ:VMEO - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.05. Vimeo had a return on equity of 3.31% and a net margin of 3.17%.The company had revenue of $104.65 million during the quarter, compared to analyst estimates of $107.36 million. During the same period in the prior year, the company earned $0.06 earnings per share. The business's revenue was up .3% compared to the same quarter last year. Vimeo has set its Q3 2025 guidance at EPS. On average, analysts forecast that Vimeo, Inc. will post 0.16 EPS for the current year.

Vimeo Company 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.