Vimeo, Inc. (NASDAQ:VMEO) Short Interest Down 28.6% in September

Key Points

• Vimeo's short interest decreased by 28.6% in September, dropping from 5,320,000 shares to 3,800,000 shares, representing 2.7% of the company's stock.
• The company reported earnings per share of $0.04 for the last quarter, surpassing expectations and showing slightly increased revenue year-over-year, despite a net margin of only 3.17%.
• Vimeo shares currently hold an average rating of "Hold" among analysts, with a modest price target of $7.03, down from prior target projections.

Vimeo, Inc. (NASDAQ:VMEO - Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 3,800,000 shares, a drop of 28.6% from the August 31st total of 5,320,000 shares. Currently, 2.7% of the company's stock are short sold. Based on an average daily trading volume, of 3,230,000 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 3,230,000 shares, the short-interest ratio is currently 1.2 days. Currently, 2.7% of the company's stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of Vimeo by 1,547.0% in the first quarter. GAMMA Investing LLC now owns 4,908 shares of the company's stock valued at $26,000 after acquiring an additional 4,610 shares in the last quarter. Brevan Howard Capital Management LP purchased a new stake in shares of Vimeo in the second quarter valued at about $41,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Vimeo in the second quarter valued at about $45,000. Jupiter Asset Management Ltd. purchased a new stake in shares of Vimeo in the second quarter valued at about $46,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Vimeo in the second quarter valued at about $51,000. 84.97% of the stock is owned by hedge funds and other institutional investors.

Vimeo Stock Performance

Shares of Vimeo stock opened at $7.77 on Tuesday. Vimeo has a 1 year low of $3.64 and a 1 year high of $7.90. The company has a market capitalization of $1.29 billion, a P/E ratio of 97.14 and a beta of 2.21. The company's fifty day moving average is $5.48 and its two-hundred day moving average is $4.87.

Vimeo (NASDAQ:VMEO - Get Free Report) last issued its quarterly earnings data 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. 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 the consensus estimate of $107.36 million. During the same period last year, the firm posted $0.06 EPS. Vimeo's revenue for the quarter was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Vimeo will post 0.16 earnings per share for the current year.

Wall Street Analyst Weigh In

VMEO has been the topic of a number of recent analyst reports. Truist Financial reaffirmed a "hold" rating and issued a $7.85 target price (down from $8.00) on shares of Vimeo in a research report on Friday, September 12th. Piper Sandler downgraded shares of Vimeo from an "overweight" rating to a "hold" rating and set a $7.85 target price on the stock. in a research report on Wednesday, September 10th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Vimeo in a research report on Saturday, September 27th. Finally, Wall Street Zen downgraded shares of Vimeo from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $7.03.

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.

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