Connors Investor Services Inc. Grows Stock Holdings in Vimeo, Inc. $VMEO

Connors Investor Services Inc. lifted its position in shares of Vimeo, Inc. (NASDAQ:VMEO) by 68.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,241 shares of the company’s stock after purchasing an additional 13,500 shares during the period. Connors Investor Services Inc.’s holdings in Vimeo were worth $134,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its position in Vimeo by 1,547.0% in the first quarter. GAMMA Investing LLC now owns 4,908 shares of the company’s stock valued at $26,000 after acquiring an additional 4,610 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in Vimeo in the second quarter valued at $45,000. Vanguard Personalized Indexing Management LLC acquired a new position in Vimeo in the second quarter valued at $51,000. Focus Partners Wealth acquired a new position in Vimeo in the first quarter valued at $54,000. Finally, Amundi boosted its stake in Vimeo by 77.0% in the first quarter. Amundi now owns 12,352 shares of the company’s stock valued at $60,000 after acquiring an additional 5,374 shares in the last quarter. 84.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on VMEO shares. Wall Street Zen downgraded shares of Vimeo from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Truist Financial reaffirmed a “hold” rating and issued a $7.85 target price (down from $8.00) on shares of Vimeo in a report on Friday, September 12th. Zacks Research cut shares of Vimeo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 3rd. Piper Sandler cut shares of Vimeo from an “overweight” rating to a “hold” rating and set a $7.85 target price for the company. in a report on Wednesday, September 10th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Vimeo in a report on Wednesday, October 8th. Six analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Vimeo presently has an average rating of “Hold” and a consensus price target of $7.03.

Vimeo Trading Up 0.4%

Shares of VMEO opened at $7.77 on Thursday. The firm’s 50-day moving average is $6.40 and its two-hundred day moving average is $5.08. Vimeo, Inc. has a twelve month low of $3.64 and a twelve month high of $7.90. The firm has a market capitalization of $1.29 billion, a P/E ratio of 97.14 and a beta of 2.21.

Vimeo (NASDAQ:VMEO) last issued its earnings results on Monday, August 4th. The company reported $0.04 earnings per share 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 company had revenue of $104.65 million for the quarter, compared to analyst estimates of $107.36 million. During the same period in the prior year, the business posted $0.06 earnings per share. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Vimeo has set its Q3 2025 guidance at EPS. Analysts predict that Vimeo, Inc. will post 0.16 EPS for the current 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.