Vimeo (NASDAQ:VMEO) Sees Large Volume Increase - Here's Why

Key Points

• Vimeo's stock experienced an 88% increase in trading volume on Wednesday, with nearly 4 million shares exchanged, as it closed at $7.76.
• Analysts have downgraded Vimeo's rating to "hold" with a price target of $7.85, indicating cautious sentiment about the company's future performance.
• Institutional investors own 84.97% of Vimeo's stock, with several firms significantly increasing their holdings in recent quarters.

Vimeo, Inc. (NASDAQ:VMEO - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 3,983,914 shares traded hands during mid-day trading, an increase of 88% from the previous session's volume of 2,116,703 shares.The stock last traded at $7.76 and had previously closed at $7.73.

Wall Street Analyst Weigh In

VMEO has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of Vimeo from a "buy" rating to a "hold" rating in a research note on Saturday, September 13th. Truist Financial reiterated a "hold" rating and issued a $7.85 target price (down previously from $8.00) on shares of Vimeo in a research note on Friday, September 12th. Finally, Piper Sandler downgraded 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. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Vimeo presently has a consensus rating of "Hold" and an average price target of $7.03.

Vimeo Trading Up 0.2%

The stock has a market capitalization of $1.28 billion, a P/E ratio of 96.82 and a beta of 2.01. The firm's fifty day moving average is $4.59 and its 200-day moving average is $4.69.

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, beating 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 firm had revenue of $104.65 million during the quarter, compared to the consensus estimate of $107.36 million. During the same period last year, the firm posted $0.06 EPS. The firm's quarterly revenue was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. Equities research analysts expect that Vimeo, Inc. will post 0.16 EPS for the current year.

Hedge Funds Weigh In On Vimeo

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its stake 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 worth $26,000 after acquiring an additional 4,610 shares during the last quarter. Brevan Howard Capital Management LP bought a new position in shares of Vimeo in the second quarter worth about $41,000. Focus Partners Wealth bought a new position in shares of Vimeo in the first quarter worth about $54,000. DekaBank Deutsche Girozentrale bought a new position in shares of Vimeo in the second quarter worth about $45,000. Finally, Jupiter Asset Management Ltd. bought a new position in shares of Vimeo in the second quarter worth about $46,000. 84.97% of the stock is owned by institutional investors.

About Vimeo

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.