Acadian Asset Management LLC Sells 192,587 Shares of Vimeo, Inc. $VMEO

Key Points

• Acadian Asset Management LLC has reduced its stake in Vimeo, Inc. by 6.9%, now holding 2,586,542 shares worth approximately $13.6 million.
• Vimeo reported a quarterly earnings per share of $0.04, exceeding estimates and showing a 0.3% year-over-year revenue growth.
• Major institutional investors like T. Rowe Price and Boston Partners have significantly increased their holdings in Vimeo, with 84.97% of the stock now owned by hedge funds and institutional investors.

Acadian Asset Management LLC lessened its position in Vimeo, Inc. (NASDAQ:VMEO - Free Report) by 6.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,586,542 shares of the company's stock after selling 192,587 shares during the quarter. Acadian Asset Management LLC owned approximately 1.57% of Vimeo worth $13,595,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. grew its stake in Vimeo by 4.3% in the first quarter. Principal Financial Group Inc. now owns 64,792 shares of the company's stock valued at $341,000 after purchasing an additional 2,687 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Vimeo by 0.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 673,573 shares of the company's stock valued at $3,543,000 after acquiring an additional 3,015 shares during the period. Bailard Inc. raised its holdings in shares of Vimeo by 3.5% during the 1st quarter. Bailard Inc. now owns 116,800 shares of the company's stock worth $614,000 after buying an additional 3,900 shares in the last quarter. GAMMA Investing LLC raised its holdings 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 worth $26,000 after buying an additional 4,610 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Vimeo by 26.3% during the 1st quarter. NewEdge Advisors LLC now owns 25,416 shares of the company's stock worth $134,000 after buying an additional 5,291 shares in the last quarter. Institutional investors and hedge funds own 84.97% of the company's stock.

Vimeo Price Performance

Shares of Vimeo stock traded up $0.04 on Wednesday, hitting $7.77. 4,372,115 shares of the company's stock traded hands, compared to its average volume of 2,126,983. Vimeo, Inc. has a one year low of $3.64 and a one year high of $7.90. The company has a fifty day moving average of $4.44 and a two-hundred day moving average of $4.66. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 97.07 and a beta of 2.01.

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

Wall Street Analysts Forecast Growth

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

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.