Vimeo, Inc. (NASDAQ:VMEO - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $4.81, but opened at $7.72. Vimeo shares last traded at $7.74, with a volume of 15,307,104 shares trading hands.
Analyst Ratings Changes
A number of equities analysts have issued reports on VMEO shares. Wall Street Zen upgraded shares of Vimeo from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Piper Sandler restated an "overweight" rating and set a $7.00 price objective (down from $8.00) on shares of Vimeo in a research report on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $7.10.
Read Our Latest Research Report on Vimeo
Vimeo Trading Up 60.6%
The company's 50 day simple moving average is $4.06 and its 200 day simple moving average is $4.59. The stock has a market capitalization of $1.28 billion, a PE ratio of 96.70 and a beta of 2.01.
Vimeo (NASDAQ:VMEO - Get Free Report) last released its 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. Vimeo had a net margin of 3.17% and a return on equity of 3.31%. The business had revenue of $104.65 million for the quarter, compared to analysts' expectations of $107.36 million. During the same period last year, the company earned $0.06 earnings per share. The company's quarterly revenue was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. As a group, analysts predict that Vimeo, Inc. will post 0.16 EPS for the current year.
Institutional Trading of Vimeo
A number of institutional investors and hedge funds have recently bought and sold shares of VMEO. Headlands Technologies LLC increased its position in shares of Vimeo by 125.0% in the second quarter. Headlands Technologies LLC now owns 112,387 shares of the company's stock worth $454,000 after acquiring an additional 62,439 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Vimeo by 127.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 15,509 shares of the company's stock worth $63,000 after purchasing an additional 8,694 shares during the period. Corient Private Wealth LLC increased its holdings in Vimeo by 49.3% in the 2nd quarter. Corient Private Wealth LLC now owns 34,112 shares of the company's stock valued at $138,000 after purchasing an additional 11,261 shares in the last quarter. Lazard Asset Management LLC raised its position in Vimeo by 31.5% in the second quarter. Lazard Asset Management LLC now owns 59,665 shares of the company's stock valued at $240,000 after purchasing an additional 14,280 shares during the period. Finally, Harvey Partners LLC raised its position in Vimeo by 0.4% in the second quarter. Harvey Partners LLC now owns 1,962,772 shares of the company's stock valued at $7,930,000 after purchasing an additional 8,772 shares during the period. Institutional investors and hedge funds own 84.97% of the company's stock.
About Vimeo
(
Get Free Report)
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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