Russell Investments Group Ltd. Purchases 253,919 Shares of Vimeo, Inc. $VMEO

Key Points

• Russell Investments Group Ltd. increased its stake in Vimeo, acquiring 253,919 shares for a total of 1,416,187 shares, representing a 21.8% boost.
• Currently, 84.97% of Vimeo's stock is owned by institutional investors, indicating strong interest from larger financial entities.
• Vimeo reported a quarterly earnings per share (EPS) of **$0.04**, surpassing expectations and demonstrating a 3.3% return on equity, despite a slight revenue miss compared to analyst projections.

Russell Investments Group Ltd. boosted its position in Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 21.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,416,187 shares of the company's stock after acquiring an additional 253,919 shares during the period. Russell Investments Group Ltd. owned 0.86% of Vimeo worth $7,451,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in shares of Vimeo by 1,547.0% during the 1st 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 boosted its stake in shares of Vimeo by 780.4% during the 4th quarter. Sterling Capital Management LLC now owns 4,578 shares of the company's stock valued at $29,000 after purchasing an additional 4,058 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Vimeo by 919.9% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,231 shares of the company's stock valued at $46,000 after purchasing an additional 6,522 shares in the last quarter. Quarry LP bought a new stake in shares of Vimeo during the 4th quarter valued at about $47,000. Finally, MQS Management LLC bought a new stake in shares of Vimeo during the 1st quarter valued at about $71,000. Institutional investors own 84.97% of the company's stock.

Vimeo Price Performance

NASDAQ:VMEO opened at $4.05 on Wednesday. Vimeo, Inc. has a one year low of $3.64 and a one year high of $7.90. The company's 50-day simple moving average is $4.02 and its 200 day simple moving average is $4.82. The firm has a market capitalization of $671.13 million, a P/E ratio of 50.63 and a beta of 2.00.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VMEO shares. Wall Street Zen raised shares of 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 previously from $8.00) on shares of Vimeo in a research note on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vimeo presently has an average rating of "Moderate Buy" and a consensus 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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