Capula Management Ltd Purchases Shares of 42,745 Vimeo, Inc. (NASDAQ:VMEO)

Capula Management Ltd acquired a new position in shares of Vimeo, Inc. (NASDAQ:VMEO) in the 4th quarter, Holdings Channel.com reports. The firm acquired 42,745 shares of the company’s stock, valued at approximately $274,000.

Other institutional investors also recently made changes to their positions in the company. FMR LLC lifted its holdings in shares of Vimeo by 65.1% during the third quarter. FMR LLC now owns 1,392,457 shares of the company’s stock worth $7,032,000 after buying an additional 548,812 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Vimeo by 2.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 284,948 shares of the company’s stock worth $1,439,000 after acquiring an additional 5,772 shares during the period. Verition Fund Management LLC raised its stake in Vimeo by 199.8% in the 3rd quarter. Verition Fund Management LLC now owns 71,090 shares of the company’s stock worth $359,000 after purchasing an additional 47,378 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Vimeo by 66.0% in the 3rd quarter. HighTower Advisors LLC now owns 79,952 shares of the company’s stock valued at $403,000 after purchasing an additional 31,800 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in shares of Vimeo during the 3rd quarter worth approximately $281,000. Institutional investors own 84.97% of the company’s stock.

Vimeo Stock Down 2.1 %

VMEO stock opened at $4.63 on Wednesday. The company’s 50-day moving average price is $5.78 and its two-hundred day moving average price is $5.97. The firm has a market cap of $763.26 million, a P/E ratio of 28.94 and a beta of 2.17. Vimeo, Inc. has a 12 month low of $3.43 and a 12 month high of $7.90.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Piper Sandler upgraded shares of Vimeo from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $7.00 to $10.00 in a research report on Tuesday, December 10th. Jefferies Financial Group dropped their price objective on Vimeo from $7.00 to $5.40 and set a “hold” rating for the company in a report on Monday.

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.