Connor Clark & Lunn Investment Management Ltd. lowered its position in shares of Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 26.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 190,328 shares of the company's stock after selling 68,854 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.12% of Vimeo worth $1,001,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of VMEO. GAMMA Investing LLC boosted its position in shares of Vimeo by 1,547.0% in 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 during the period. Sterling Capital Management LLC boosted its position in shares of Vimeo by 780.4% in 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 during the period. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Vimeo by 919.9% in 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 during the period. Quarry LP acquired a new position in shares of Vimeo in the 4th quarter valued at $47,000. Finally, MQS Management LLC acquired a new position in shares of Vimeo in the 1st quarter valued at $71,000. 84.97% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the company. Wall Street Zen upgraded Vimeo from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Piper Sandler reiterated an "overweight" rating and issued a $7.00 price target (down previously from $8.00) on shares of Vimeo in a research report 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 company presently has an average rating of "Moderate Buy" and a consensus target price of $7.10.
View Our Latest Stock Report on Vimeo
Vimeo Trading Down 2.5%
NASDAQ VMEO traded down $0.10 during trading on Wednesday, reaching $3.95. 537,891 shares of the company's stock were exchanged, compared to its average volume of 1,588,830. Vimeo, Inc. has a fifty-two week low of $3.64 and a fifty-two week high of $7.90. The firm has a market capitalization of $654.55 million, a PE ratio of 49.38 and a beta of 2.00. The company's fifty day simple moving average is $4.02 and its 200-day simple moving average is $4.82.
Vimeo (NASDAQ:VMEO - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported $0.04 EPS for the quarter, topping 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 firm had revenue of $104.65 million during the quarter, compared to analyst estimates of $107.36 million. During the same period last year, the company posted $0.06 EPS. The business's quarterly revenue was up .3% compared to the same quarter last year. Vimeo has set its Q3 2025 guidance at EPS. Equities analysts forecast that Vimeo, Inc. will post 0.16 EPS for the current fiscal year.
About Vimeo
(
Free Report)
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.
Further Reading
Before you consider Vimeo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vimeo wasn't on the list.
While Vimeo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access