1 week Ago By Defense World Staff
Legal & General Group Plc lowered its stake in shares of Vimeo, Inc. (NASDAQ:VMEO – Free Report) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 159,078 shares of the company’s stock after selling 7,858 shares during the period. Legal & General Group Plc owned about 0.10% of Vimeo worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Vimeo by 0.
8% in the 4th quarter. Vanguard Group Inc. now owns 17,432,831 shares of the company’s stock worth $111,570,000 after acquiring an additional 134,171 shares during the period.
Geode Capital Management LLC grew its holdings in 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 during the last quarter.
Arrowstreet Capital Limited Partnership increased its position 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 buying an additional 513,178 shares in the last quarter.
Charles Schwab Investment Management Inc. raised its stake in shares of Vimeo by 0.7% during the 4th 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. Finally, Boston Partners boosted its position in shares of Vimeo by 465.
5% in the 4th quarter. Boston Partners now owns 1,194,421 shares of the company’s stock worth $7,643,000 after buying an additional 983,198 shares in the last quarter. 84.
97% of the stock is currently owned by institutional investors and hedge funds. Vimeo Stock Up 1.2 %NASDAQ VMEO opened at $5.
20 on Monday. Vimeo, Inc. has a fifty-two week low of $3.
45 and a fifty-two week high of $7.90. The business has a fifty day moving average of $5.
29 and a 200-day moving average of $5.96. The stock has a market cap of $857.
23 million, a price-to-earnings ratio of 32.50 and a beta of 2.17.
Vimeo (NASDAQ:VMEO – Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.
01. Vimeo had a net margin of 6.48% and a return on equity of 6.
72%. The firm had revenue of $103.16 million during the quarter, compared to the consensus estimate of $100.
60 million. As a group, analysts anticipate that Vimeo, Inc. will post 0.
16 EPS for the current year. Analyst Ratings ChangesSeparately, Jefferies Financial Group dropped their target price on shares of Vimeo from $7.00 to $5.
40 and set a “hold” rating for the company in a report on Monday, April 7th.Check Out Our Latest Stock Report on VMEOAbout Vimeo (Free Report)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.Further ReadingFive stocks we like better than VimeoThe Basics of Support and ResistanceTexas Instruments: Earnings Beat, Upbeat Guidance Fuel RecoveryInvesting in Travel Stocks BenefitsO’Reilly Automotive: An Anytime Buy for Buy-and-Hold InvestorsBest Stocks Under $10.00 Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2.
