Vimeo, Inc. (NASDAQ:VMEO) Shares Bought by Aristides Capital LLC

Aristides Capital LLC grew its stake in Vimeo, Inc. (NASDAQ:VMEO) by 12.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 201,356 shares of the company’s stock after buying an additional 21,730 shares during the quarter. Aristides Capital LLC owned 0.12% of Vimeo worth $1,289,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of VMEO. Principal Financial Group Inc. lifted its holdings in Vimeo by 6.5% in the fourth quarter. Principal Financial Group Inc. now owns 62,105 shares of the company’s stock valued at $397,000 after acquiring an additional 3,793 shares during the period. Franklin Resources Inc. increased its holdings in shares of Vimeo by 2.9% during the 3rd quarter. Franklin Resources Inc. now owns 145,603 shares of the company’s stock valued at $702,000 after purchasing an additional 4,134 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Vimeo in the 4th quarter valued at $30,000. Allworth Financial LP boosted its holdings in Vimeo by 5,662.8% during the fourth quarter. Allworth Financial LP now owns 4,956 shares of the company’s stock worth $31,000 after buying an additional 4,870 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in Vimeo during the fourth quarter valued at $36,000. Hedge funds and other institutional investors own 84.97% of the company’s stock.

Vimeo Price Performance

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

Vimeo (NASDAQ:VMEO) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The business had revenue of $103.16 million for the quarter, compared to the consensus estimate of $100.60 million. Vimeo had a net margin of 6.48% and a return on equity of 6.72%. Analysts anticipate that Vimeo, Inc. will post 0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised shares of Vimeo from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $7.00 to $10.00 in a research note on Tuesday, December 10th.

About Vimeo

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.