Charles Schwab Investment Management Inc. Sells 28,429 Shares of Vimeo, Inc. $VMEO

Charles Schwab Investment Management Inc. reduced its stake in shares of Vimeo, Inc. (NASDAQ:VMEO) by 2.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,239,591 shares of the company’s stock after selling 28,429 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.75% of Vimeo worth $6,520,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in Vimeo by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,863,223 shares of the company’s stock worth $31,126,000 after purchasing an additional 60,174 shares in the last quarter. Nuveen Asset Management LLC boosted its position in shares of Vimeo by 82.5% during the fourth quarter. Nuveen Asset Management LLC now owns 2,707,697 shares of the company’s stock worth $17,329,000 after buying an additional 1,224,263 shares during the period. Northern Trust Corp grew its holdings in shares of Vimeo by 3.9% during the fourth quarter. Northern Trust Corp now owns 1,445,576 shares of the company’s stock worth $9,252,000 after buying an additional 54,554 shares in the last quarter. G2 Investment Partners Management LLC bought a new position in shares of Vimeo during the fourth quarter worth about $7,275,000. Finally, Millennium Management LLC raised its position in Vimeo by 58.8% in the 4th quarter. Millennium Management LLC now owns 1,058,454 shares of the company’s stock valued at $6,774,000 after buying an additional 391,812 shares during the last quarter. 84.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VMEO. Wall Street Zen raised shares of Vimeo from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Piper Sandler reiterated an “overweight” rating and issued a $7.00 price target (down from $8.00) on shares of Vimeo in a research note on Tuesday, August 5th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Vimeo presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.10.

Vimeo Price Performance

NASDAQ:VMEO opened at $4.15 on Wednesday. Vimeo, Inc. has a 12-month low of $3.64 and a 12-month high of $7.90. The stock’s 50 day moving average price is $4.00 and its two-hundred day moving average price is $4.73. The firm has a market capitalization of $687.70 million, a price-to-earnings ratio of 51.88 and a beta of 2.00.

Vimeo (NASDAQ:VMEO) last posted its earnings results on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Vimeo had a return on equity of 3.31% and a net margin of 3.17%.The business had revenue of $104.65 million for the quarter, compared to analyst estimates of $107.36 million. During the same period in the previous year, the firm earned $0.06 EPS. The firm’s revenue was up .3% compared to the same quarter last year. 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.

Vimeo 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.