MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Stock Position in Vimeo, Inc. $VMEO

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Vimeo, Inc. (NASDAQ:VMEO) by 0.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 673,573 shares of the company’s stock after buying an additional 3,015 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.41% of Vimeo worth $3,543,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VMEO. Circumference Group LLC boosted its stake in Vimeo by 9.5% in the 1st quarter. Circumference Group LLC now owns 575,000 shares of the company’s stock worth $3,024,000 after buying an additional 50,000 shares during the last quarter. AQR Capital Management LLC grew its holdings in Vimeo by 254.5% in the first quarter. AQR Capital Management LLC now owns 232,144 shares of the company’s stock valued at $1,221,000 after purchasing an additional 166,664 shares during the period. Amundi increased its position in Vimeo by 77.0% during the first quarter. Amundi now owns 12,352 shares of the company’s stock worth $60,000 after purchasing an additional 5,374 shares during the last quarter. Lynrock Lake LP increased its position in Vimeo by 8.9% during the first quarter. Lynrock Lake LP now owns 15,217,094 shares of the company’s stock worth $80,042,000 after purchasing an additional 1,242,549 shares during the last quarter. Finally, Northern Right Capital Management L.P. acquired a new position in Vimeo during the first quarter worth approximately $4,076,000. Institutional investors and hedge funds own 84.97% of the company’s stock.

Vimeo Price Performance

VMEO stock opened at $7.72 on Friday. Vimeo, Inc. has a 1-year low of $3.64 and a 1-year high of $7.90. The firm has a fifty day moving average price of $4.29 and a two-hundred day moving average price of $4.64. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 96.51 and a beta of 2.01.

Vimeo (NASDAQ:VMEO) last posted its earnings results on Monday, August 4th. The company reported $0.04 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 firm had revenue of $104.65 million during the quarter, compared to analysts’ expectations of $107.36 million. During the same quarter in the prior year, the firm earned $0.06 EPS. Vimeo’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 expect that Vimeo, Inc. will post 0.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on VMEO shares. Wall Street Zen cut Vimeo from a “buy” rating to a “hold” rating in a report on Saturday. Piper Sandler downgraded shares of Vimeo from an “overweight” rating to a “hold” rating and set a $7.85 target price for the company. in a research report on Wednesday. Finally, Truist Financial reissued a “hold” rating and set a $7.85 target price (down previously from $8.00) on shares of Vimeo in a research report on Friday. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $7.03.

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.