VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 177,787 Vimeo, Inc. $VMEO

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Vimeo, Inc. (NASDAQ:VMEO) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 177,787 shares of the company’s stock, valued at approximately $718,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.11% of Vimeo as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VMEO. GAMMA Investing LLC boosted its stake in shares of Vimeo by 1,547.0% during the 1st quarter. GAMMA Investing LLC now owns 4,908 shares of the company’s stock worth $26,000 after acquiring an additional 4,610 shares during the period. Joel Isaacson & Co. LLC boosted its stake in shares of Vimeo by 13.2% during the 1st quarter. Joel Isaacson & Co. LLC now owns 146,931 shares of the company’s stock worth $773,000 after acquiring an additional 17,116 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Vimeo by 3.8% during the 1st quarter. Teacher Retirement System of Texas now owns 495,018 shares of the company’s stock worth $2,604,000 after acquiring an additional 18,113 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Vimeo by 4.3% during the 1st quarter. Principal Financial Group Inc. now owns 64,792 shares of the company’s stock worth $341,000 after acquiring an additional 2,687 shares during the period. Finally, CWM LLC boosted its stake in shares of Vimeo by 93.1% during the 1st quarter. CWM LLC now owns 18,399 shares of the company’s stock worth $97,000 after acquiring an additional 8,871 shares during the period. 84.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on VMEO shares. Truist Financial reiterated a “hold” rating and set a $7.85 target price (down from $8.00) on shares of Vimeo in a research note on Friday, September 12th. Piper Sandler downgraded Vimeo from an “overweight” rating to a “hold” rating and set a $7.85 target price for the company. in a research note on Wednesday, September 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Vimeo in a report on Friday. Wall Street Zen downgraded Vimeo from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Zacks Research downgraded Vimeo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 3rd. Six investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $7.03.

Vimeo Stock Down 0.3%

Shares of VMEO stock opened at $7.78 on Friday. Vimeo, Inc. has a twelve month low of $3.64 and a twelve month high of $7.90. The company has a market cap of $1.29 billion, a P/E ratio of 97.26 and a beta of 2.21. The business has a fifty day simple moving average of $6.55 and a 200 day simple moving average of $5.12.

Vimeo (NASDAQ:VMEO) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The company had revenue of $104.65 million for the quarter, compared to the consensus estimate of $107.36 million. Vimeo had a net margin of 3.17% and a return on equity of 3.31%. The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the company posted $0.06 EPS. Vimeo has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Vimeo, Inc. will post 0.16 earnings per share for the current fiscal year.

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.