Vimeo, Inc. (NASDAQ:VMEO) Shares Sold by PEAK6 Investments LLC

PEAK6 Investments LLC reduced its position in shares of Vimeo, Inc. (NASDAQ:VMEOFree Report) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 499,781 shares of the company’s stock after selling 22,103 shares during the period. PEAK6 Investments LLC owned approximately 0.30% of Vimeo worth $1,959,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Circumference Group LLC acquired a new position in Vimeo during the fourth quarter worth about $2,267,000. Qtron Investments LLC purchased a new position in Vimeo in the 4th quarter worth about $50,000. Dynamic Technology Lab Private Ltd increased its stake in Vimeo by 76.1% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 116,293 shares of the company’s stock worth $456,000 after purchasing an additional 50,269 shares in the last quarter. Jump Financial LLC increased its stake in Vimeo by 394.0% in the 4th quarter. Jump Financial LLC now owns 154,099 shares of the company’s stock worth $604,000 after purchasing an additional 122,907 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Vimeo by 60.2% in the 4th quarter. Teacher Retirement System of Texas now owns 277,311 shares of the company’s stock worth $1,087,000 after purchasing an additional 104,167 shares in the last quarter. 84.97% of the stock is owned by institutional investors and hedge funds.

Vimeo Trading Down 1.0 %

Shares of VMEO opened at $3.83 on Monday. The business’s 50-day moving average price is $3.78 and its 200 day moving average price is $4.00. The stock has a market capitalization of $648.30 million, a P/E ratio of 22.53 and a beta of 2.04. Vimeo, Inc. has a 1-year low of $3.02 and a 1-year high of $5.77.

Vimeo (NASDAQ:VMEOGet Free Report) last released its earnings results on Monday, May 6th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. Vimeo had a return on equity of 7.71% and a net margin of 6.88%. The company had revenue of $104.91 million for the quarter, compared to analysts’ expectations of $100.40 million. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. On average, research analysts predict that Vimeo, Inc. will post 0.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reissued a “neutral” rating and issued a $4.50 price target (up previously from $4.00) on shares of Vimeo in a research note on Tuesday, May 7th.

Check Out Our Latest Stock Report on Vimeo

Vimeo Profile

(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.

See Also

Institutional Ownership by Quarter for Vimeo (NASDAQ:VMEO)

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