Strs Ohio Invests $582,000 in Vimeo, Inc. $VMEO

Key Points

• Strs Ohio has acquired a new stake in Vimeo, Inc. ($VMEO) worth approximately $582,000, purchasing 110,700 shares during the first quarter.
• Institutional investors now hold 84.97% of Vimeo's stock, indicating strong interest and confidence in the company's future.
• Recent analyst reports have mostly rated Vimeo as a Hold with a consensus price target of $7.03, showing cautious optimism among analysts.

Strs Ohio purchased a new stake in Vimeo, Inc. (NASDAQ:VMEO - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 110,700 shares of the company's stock, valued at approximately $582,000. Strs Ohio owned about 0.07% of Vimeo as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VMEO. GAMMA Investing LLC grew 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. Focus Partners Wealth purchased a new position in Vimeo in the 1st quarter valued at $54,000. Amundi grew its position in Vimeo by 77.0% in the 1st quarter. Amundi now owns 12,352 shares of the company's stock valued at $60,000 after buying an additional 5,374 shares during the last quarter. MQS Management LLC acquired a new stake in Vimeo in the first quarter valued at $71,000. Finally, Blueshift Asset Management LLC acquired a new stake in Vimeo in the first quarter valued at $82,000. 84.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VMEO. Truist Financial reaffirmed a "hold" rating and set a $7.85 price target (down previously from $8.00) on shares of Vimeo in a research note on Friday, September 12th. Piper Sandler downgraded shares of Vimeo from an "overweight" rating to a "hold" rating and set a $7.85 price target for the company. in a report on Wednesday, September 10th. Finally, Wall Street Zen downgraded shares of Vimeo from a "buy" rating to a "hold" rating in a research note on Saturday, September 13th. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Vimeo presently has a consensus rating of "Hold" and a consensus price target of $7.03.

Vimeo Trading Up 0.1%

Vimeo stock traded up $0.01 during mid-day trading on Tuesday, hitting $7.73. The stock had a trading volume of 481,503 shares, compared to its average volume of 2,180,879. Vimeo, Inc. has a 12 month low of $3.64 and a 12 month high of $7.90. The stock has a 50-day simple moving average of $4.74 and a two-hundred day simple moving average of $4.71. The stock has a market capitalization of $1.28 billion, a PE ratio of 96.57 and a beta of 2.01.

Vimeo (NASDAQ:VMEO - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.04 earnings per share 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 firm had revenue of $104.65 million for the quarter, compared to analyst estimates of $107.36 million. During the same quarter in the prior year, the firm posted $0.06 earnings per share. The company's quarterly revenue was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Vimeo, Inc. will post 0.16 earnings per share for the current fiscal 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.