Aristides Capital LLC Grows Position in Vimeo, Inc. (NASDAQ:VMEO)

Aristides Capital LLC lifted its holdings in Vimeo, Inc. (NASDAQ:VMEO) by 12.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,356 shares of the company’s stock after buying an additional 21,730 shares during the period. Aristides Capital LLC’s holdings in Vimeo were worth $1,289,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VMEO. Vanguard Group Inc. raised its holdings in Vimeo by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 17,432,831 shares of the company’s stock valued at $111,570,000 after acquiring an additional 134,171 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Vimeo by 5.0% in the third quarter. Geode Capital Management LLC now owns 3,770,805 shares of the company’s stock valued at $19,046,000 after purchasing an additional 181,137 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Vimeo by 24.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,653,453 shares of the company’s stock valued at $16,982,000 after purchasing an additional 513,178 shares during the last quarter. FMR LLC lifted its position in Vimeo by 65.1% during the third quarter. FMR LLC now owns 1,392,457 shares of the company’s stock worth $7,032,000 after buying an additional 548,812 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Vimeo by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,268,020 shares of the company’s stock worth $8,115,000 after buying an additional 9,135 shares during the last quarter. 84.97% of the stock is currently owned by institutional investors and hedge funds.

Vimeo Price Performance

Vimeo stock opened at $4.75 on Friday. The firm has a 50 day simple moving average of $5.90 and a 200-day simple moving average of $5.97. The stock has a market cap of $783.05 million, a price-to-earnings ratio of 29.69 and a beta of 2.17. Vimeo, Inc. has a 1-year low of $3.43 and a 1-year high of $7.90.

Vimeo (NASDAQ:VMEO) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. Vimeo had a return on equity of 6.72% and a net margin of 6.48%. The company had revenue of $103.16 million during the quarter, compared to analyst estimates of $100.60 million. Equities analysts expect that Vimeo, Inc. will post 0.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Piper Sandler upgraded Vimeo from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $7.00 to $10.00 in a report on Tuesday, December 10th.

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.