Vimeo (NASDAQ:VMEO) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Vimeo experienced a significant increase in trading volume, with 6,680,560 shares traded—up 249% from the previous day, closing at $7.75.
• Analysts have mixed ratings on Vimeo, with one upgrade to "buy" from Wall Street Zen and a downgrade to "neutral" from Piper Sandler, while the consensus rating remains a "hold" with a target price of $7.31.
• In the first quarter, hedge funds made notable investments in Vimeo, with T. Rowe Price increasing its stake by 74.9%, demonstrating strong institutional interest in the company.

Vimeo, Inc. (NASDAQ:VMEO - Get Free Report) shares saw an uptick in trading volume on Thursday . 6,680,560 shares traded hands during trading, an increase of 249% from the previous session's volume of 1,913,726 shares.The stock last traded at $7.75 and had previously closed at $7.74.

Analyst Ratings Changes

VMEO has been the subject of a number of research reports. Wall Street Zen upgraded shares of Vimeo from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Piper Sandler lowered Vimeo from an "overweight" rating to a "neutral" rating and set a $7.85 target price for the company. in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $7.31.

Vimeo Trading Down 0.1%

The company has a 50-day moving average price of $4.14 and a two-hundred day moving average price of $4.61. The stock has a market cap of $1.28 billion, a P/E ratio of 96.70 and a beta of 2.01.

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

Hedge Funds Weigh In On Vimeo

Several hedge funds and other institutional investors have recently made changes to their positions in VMEO. T. Rowe Price Investment Management Inc. increased its stake in shares of Vimeo by 74.9% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,484,430 shares of the company's stock worth $55,149,000 after acquiring an additional 4,488,607 shares during the last quarter. Boston Partners increased its stake in shares of Vimeo by 279.4% during the 1st quarter. Boston Partners now owns 4,531,775 shares of the company's stock worth $23,833,000 after purchasing an additional 3,337,354 shares during the last quarter. Nuveen LLC bought a new stake in Vimeo in the 1st quarter valued at about $15,363,000. Qube Research & Technologies Ltd lifted its holdings in shares of Vimeo by 238.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,907,322 shares of the company's stock worth $7,706,000 after acquiring an additional 1,344,343 shares during the period. Finally, Lynrock Lake LP increased its position in Vimeo by 8.9% in the 1st quarter. Lynrock Lake LP now owns 15,217,094 shares of the company's stock valued at $80,042,000 after acquiring an additional 1,242,549 shares during the period. 84.97% of the stock is currently owned by institutional investors and hedge funds.

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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