SG Americas Securities LLC bought a new stake in Vimeo, Inc. (NASDAQ:VMEO – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 47,465 shares of the company's stock, valued at approximately $190,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd raised its stake in Vimeo by 2.7% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 43,345 shares of the company's stock valued at $515,000 after purchasing an additional 1,148 shares during the last quarter. HighTower Advisors LLC raised its stake in Vimeo by 3.3% in the 1st quarter. HighTower Advisors LLC now owns 64,476 shares of the company's stock valued at $730,000 after purchasing an additional 2,052 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Vimeo by 7.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,962 shares of the company's stock valued at $180,000 after purchasing an additional 2,069 shares during the last quarter. Captrust Financial Advisors raised its stake in Vimeo by 31.5% in the 2nd quarter. Captrust Financial Advisors now owns 10,190 shares of the company's stock valued at $61,000 after purchasing an additional 2,443 shares during the last quarter. Finally, Keeley Teton Advisors LLC raised its stake in Vimeo by 22.6% in the 1st quarter. Keeley Teton Advisors LLC now owns 13,971 shares of the company's stock valued at $166,000 after purchasing an additional 2,573 shares during the last quarter. Institutional investors and hedge funds own 83.89% of the company's stock.

Vimeo Price Performance

VMEO opened at $4.97 on Friday. The stock has a market capitalization of $827.23 million, a price-to-earnings ratio of -8.28 and a beta of 1.86. The business has a 50-day moving average of $3.83 and a two-hundred day moving average of $4.65. Vimeo, Inc. has a 12 month low of $3.07 and a 12 month high of $14.37.

Analyst Ratings Changes

VMEO has been the subject of several analyst reports. Piper Sandler cut their target price on shares of Vimeo from $7.00 to $5.00 in a research note on Thursday, November 3rd. Wells Fargo & Company lowered their price target on Vimeo from $10.00 to $7.25 and set an "overweight" rating for the company in a report on Thursday, January 19th. Finally, Cowen lowered their price target on Vimeo to $6.00 in a report on Tuesday, November 1st.

Vimeo Company Profile

(Get Rating)

Vimeo, Inc, together with its subsidiaries, provides video software solutions in New York and internationally. The company 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. It also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.

Featured Articles

• Get a free copy of the StockNews.com research report on Vimeo (VMEO)
• Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
• Mullen Automotive Stock Gains Momentum On Positive News
• Harley-Davidson Inc. Stock, Is It Time To Buy?
• The Bottom Is In For Meta Platforms, Volatility Is Not Over
• Analyzing Alaska Air's Recent Earnings

Want to see what other hedge funds are holding VMEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vimeo, Inc. (NASDAQ:VMEO – Get Rating).

Receive News & Ratings for Vimeo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vimeo and related companies with MarketBeat.com's FREE daily email newsletter.