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

Other hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC boosted its position 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 purchasing an additional 4,058 shares in the last quarter. GAMMA Investing LLC boosted its position in Vimeo by 1,547.0% in the 1st quarter. GAMMA Investing LLC now owns 4,908 shares of the company's stock worth $26,000 after purchasing an additional 4,610 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its position 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 purchasing an additional 6,522 shares in the last quarter. Quarry LP purchased a new stake in Vimeo in the 4th quarter worth approximately $47,000. Finally, MQS Management LLC purchased a new stake in Vimeo in the 1st quarter worth approximately $71,000. Hedge funds and other institutional investors own 84.97% of the company's stock.

Vimeo Price Performance

Shares of NASDAQ VMEO remained flat at $4.15 during mid-day trading on Tuesday. The stock had a trading volume of 1,265,293 shares, compared to its average volume of 1,455,369. The firm has a market capitalization of $687.70 million, a price-to-earnings ratio of 51.88 and a beta of 2.00. Vimeo, Inc. has a fifty-two week low of $3.64 and a fifty-two week high of $7.90. The stock's 50-day moving average is $4.00 and its 200-day moving average is $4.73.

Vimeo (NASDAQ:VMEO - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $107.36 million. During the same period last year, the business posted $0.06 EPS. Vimeo's revenue for the quarter was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Vimeo, Inc. will post 0.16 EPS for the current year.

Wall Street Analyst Weigh In

VMEO has been the subject of several research analyst reports. Wall Street Zen raised Vimeo from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Piper Sandler reaffirmed an "overweight" rating and set a $7.00 target price (down from $8.00) on shares of Vimeo in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $7.10.

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.