271,410 Shares in Vimeo, Inc. (NASDAQ:VMEO) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new stake in Vimeo, Inc. (NASDAQ:VMEO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 271,410 shares of the company's stock, valued at approximately $1,737,000. Susquehanna Fundamental Investments LLC owned about 0.16% of Vimeo at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VMEO. Barclays PLC lifted its stake in shares of Vimeo by 203.9% during the 3rd quarter. Barclays PLC now owns 240,655 shares of the company's stock worth $1,215,000 after purchasing an additional 161,469 shares during the period. Franklin Resources Inc. lifted its position in Vimeo by 2.9% during the third quarter. Franklin Resources Inc. now owns 145,603 shares of the company's stock worth $702,000 after buying an additional 4,134 shares during the period. JPMorgan Chase & Co. boosted its stake in Vimeo by 18.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 324,420 shares of the company's stock worth $1,638,000 after buying an additional 49,699 shares during the last quarter. SG Americas Securities LLC grew its holdings in Vimeo by 96.0% in the 4th quarter. SG Americas Securities LLC now owns 91,190 shares of the company's stock valued at $584,000 after buying an additional 44,657 shares during the period. Finally, Wesbanco Bank Inc. acquired a new position in shares of Vimeo during the 4th quarter valued at about $128,000. Hedge funds and other institutional investors own 84.97% of the company's stock.

Vimeo Trading Up 0.6 %

NASDAQ:VMEO traded up $0.03 on Friday, hitting $5.12. 1,015,294 shares of the stock were exchanged, compared to its average volume of 1,529,049. The stock has a fifty day moving average of $5.22 and a 200-day moving average of $5.96. The stock has a market cap of $844.04 million, a PE ratio of 32.00 and a beta of 2.17. Vimeo, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $7.90.

Vimeo (NASDAQ:VMEO - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.01. The firm had revenue of $103.16 million during the quarter, compared to the consensus estimate of $100.60 million. Vimeo had a net margin of 6.48% and a return on equity of 6.72%. As a group, analysts predict that Vimeo, Inc. will post 0.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered their target price on shares of Vimeo from $7.00 to $5.40 and set a "hold" rating for the company in a report on Monday, April 7th.

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.