Vimeo, Inc. $VMEO is Lynrock Lake LP's 4th Largest Position

Key Points

• Lynrock Lake LP has increased its stake in Vimeo by 8.9%, owning over 15 million shares which accounts for about 7.7% of its portfolio.
• Investment analysts show a positive outlook for Vimeo, with an average rating of "Moderate Buy" and a price target of $7.10.
• Vimeo reported $0.04 EPS for the last quarter, exceeding estimates, while year-over-year revenue increased by 0.3%.

Lynrock Lake LP raised its holdings in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 8.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,217,094 shares of the company's stock after buying an additional 1,242,549 shares during the quarter. Vimeo comprises about 7.7% of Lynrock Lake LP's portfolio, making the stock its 4th biggest holding. Lynrock Lake LP owned approximately 9.23% of Vimeo worth $80,042,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in shares of Vimeo by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,863,223 shares of the company's stock valued at $31,126,000 after acquiring an additional 60,174 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Vimeo by 4.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 195,182 shares of the company's stock valued at $1,250,000 after acquiring an additional 8,869 shares during the last quarter. Northern Trust Corp boosted its position in shares of Vimeo by 3.9% during the 4th quarter. Northern Trust Corp now owns 1,445,576 shares of the company's stock valued at $9,252,000 after acquiring an additional 54,554 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Vimeo by 120.7% during the 4th quarter. Jane Street Group LLC now owns 403,531 shares of the company's stock valued at $2,583,000 after acquiring an additional 220,717 shares during the last quarter. Finally, Algert Global LLC boosted its position in shares of Vimeo by 13.8% during the 4th quarter. Algert Global LLC now owns 113,899 shares of the company's stock valued at $729,000 after acquiring an additional 13,789 shares during the last quarter. Hedge funds and other institutional investors own 84.97% of the company's stock.

Vimeo Trading Up 3.7%

NASDAQ VMEO traded up $0.16 during trading hours on Friday, reaching $4.43. The company had a trading volume of 2,691,989 shares, compared to its average volume of 1,068,761. The stock has a 50-day moving average of $4.03 and a 200 day moving average of $4.61. Vimeo, Inc. has a 1-year low of $3.64 and a 1-year high of $7.90. The stock has a market capitalization of $734.10 million, a P/E ratio of 55.38 and a beta of 2.01.

Vimeo (NASDAQ:VMEO - Get Free Report) last posted 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 net margin of 3.17% and a return on equity of 3.31%. The company had revenue of $104.65 million for the quarter, compared to analysts' expectations of $107.36 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. Vimeo's revenue for the quarter was up .3% compared to the same quarter last year. Vimeo has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Vimeo, Inc. will post 0.16 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VMEO. Piper Sandler reissued an "overweight" rating and set a $7.00 price target (down previously from $8.00) on shares of Vimeo in a research 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 equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $7.10.

About Vimeo

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.