Nuveen LLC Buys New Position in Vimeo, Inc. $VMEO

Key Points

• Nuveen LLC acquired a new stake in Vimeo, purchasing 2,920,740 shares valued at approximately $15.36 million, representing 1.77% of the company as of the last quarter.
• Vimeo posted earnings of $0.04 per share for the latest quarter, surpassing analysts' expectations, despite revenue slightly below estimates at $104.65 million.
• Analyst ratings for Vimeo have shown mixed reviews, with an average price target of $7.10, as two analysts rated it a Buy and two a Hold.

Nuveen LLC bought a new stake in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,920,740 shares of the company's stock, valued at approximately $15,363,000. Nuveen LLC owned 1.77% of Vimeo at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. GAMMA Investing LLC boosted its position in shares of Vimeo by 1,547.0% during the first quarter. GAMMA Investing LLC now owns 4,908 shares of the company's stock worth $26,000 after acquiring an additional 4,610 shares during the last quarter. Sterling Capital Management LLC increased its stake in Vimeo by 780.4% in 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 during the period. Point72 Asia Singapore Pte. Ltd. increased its stake in Vimeo by 919.9% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,231 shares of the company's stock worth $46,000 after buying an additional 6,522 shares during the period. Quarry LP purchased a new position in Vimeo in the 4th quarter worth about $47,000. Finally, MQS Management LLC purchased a new position in Vimeo in the 1st quarter worth about $71,000. 84.97% of the stock is currently owned by institutional investors.

Vimeo Trading Down 2.5%

Shares of VMEO stock opened at $3.95 on Thursday. The company's 50-day moving average price is $4.01 and its 200-day moving average price is $4.82. The stock has a market cap of $654.55 million, a price-to-earnings ratio of 49.38 and a beta of 2.00. Vimeo, Inc. has a twelve month low of $3.64 and a twelve month high of $7.90.

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on VMEO shares. Piper Sandler restated an "overweight" rating and issued a $7.00 price target (down from $8.00) on shares of Vimeo in a report on Tuesday, August 5th. Wall Street Zen raised shares of Vimeo from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, Vimeo currently has an average rating of "Moderate Buy" and an average price target of $7.10.

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.

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