Vimeo, Inc. $VMEO Shares Bought by Russell Investments Group Ltd.

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 stake in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 21.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,416,187 shares of the company's stock after buying an additional 253,919 shares during the quarter. Russell Investments Group Ltd. owned 0.86% of Vimeo worth $7,451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Principal Financial Group Inc. grew its holdings in shares of Vimeo by 4.3% in the 1st quarter. Principal Financial Group Inc. now owns 64,792 shares of the company's stock worth $341,000 after acquiring an additional 2,687 shares during the period. GAMMA Investing LLC boosted its position in 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 purchasing an additional 4,610 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Vimeo by 29.3% in the fourth quarter. Ameriprise Financial Inc. now owns 416,214 shares of the company's stock valued at $2,664,000 after purchasing an additional 94,236 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of Vimeo by 3.8% in the first quarter. Teacher Retirement System of Texas now owns 495,018 shares of the company's stock valued at $2,604,000 after buying an additional 18,113 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Vimeo by 23.5% during the 4th quarter. Wells Fargo & Company MN now owns 87,867 shares of the company's stock worth $562,000 after buying an additional 16,699 shares during the last quarter. 84.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Piper Sandler reissued 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 shares of Vimeo from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $7.10.

Vimeo Price Performance

NASDAQ:VMEO traded down $0.05 during mid-day trading on Monday, reaching $4.15. The company's stock had a trading volume of 1,032,890 shares, compared to its average volume of 1,436,153. The stock has a market cap of $687.70 million, a P/E ratio of 51.88 and a beta of 2.00. The company's fifty day simple moving average is $4.00 and its two-hundred day simple moving average is $4.73. 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 posted its quarterly earnings data 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 net margin of 3.17% and a return on equity of 3.31%. The company had revenue of $104.65 million during the quarter, compared to the consensus estimate of $107.36 million. During the same quarter in the prior year, the company posted $0.06 EPS. The company's quarterly revenue was up .3% compared to the same quarter last year. Vimeo has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Vimeo, Inc. will post 0.16 EPS for the current fiscal year.

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.