Russell Investments Group Ltd. purchased a new stake in shares of Vimeo, Inc. (OTCMKTS:VMEOV) during the second quarter, HoldingsChannel reports. The fund purchased 48,167 shares of the company’s stock, valued at approximately $2,367,000.
Several other large investors have also added to or reduced their stakes in the stock. Baldwin Brothers Inc. MA purchased a new stake in shares of Vimeo in the second quarter worth about $49,000. Sargent Bickham Lagudis LLC purchased a new stake in shares of Vimeo during the 2nd quarter worth approximately $56,000. Emerald Advisers LLC bought a new position in shares of Vimeo during the 2nd quarter valued at approximately $102,000. Kistler Tiffany Companies LLC purchased a new position in shares of Vimeo in the second quarter valued at $111,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Vimeo in the second quarter valued at $119,000.
Shares of VMEOV stock opened at $52.08 on Wednesday. The business’s 50 day simple moving average is $52.08. Vimeo, Inc. has a 52-week low of $52.08 and a 52-week high of $58.00.
Vimeo, Inc owns and operates an online video platform for users to upload, share, and watch videos. The company's platform provides video player, collaboration, marketing, live streaming, analystics, hosting, and management solutions. It also provides Vimeo On Demand, an open self-distribution service that enables users to sell their works directly to their audiences and retain a share of the revenue after transaction costs; and Vimeo Create, a suite of tools for making social videos.
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