T. Rowe Price Investment Management Inc. Raises Stock Position in Vimeo, Inc. $VMEO

T. Rowe Price Investment Management Inc. raised its stake in shares of Vimeo, Inc. (NASDAQ:VMEO) by 74.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,484,430 shares of the company’s stock after acquiring an additional 4,488,607 shares during the period. T. Rowe Price Investment Management Inc. owned approximately 6.36% of Vimeo worth $55,149,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sterling Capital Management LLC increased its position in shares of Vimeo by 780.4% during the fourth quarter. Sterling Capital Management LLC now owns 4,578 shares of the company’s stock valued at $29,000 after acquiring an additional 4,058 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Vimeo by 1,547.0% during the first quarter. GAMMA Investing LLC now owns 4,908 shares of the company’s stock valued at $26,000 after acquiring an additional 4,610 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. increased its position in shares of Vimeo by 919.9% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,231 shares of the company’s stock valued at $46,000 after acquiring an additional 6,522 shares during the last quarter. Quarry LP acquired a new stake in shares of Vimeo during the fourth quarter valued at about $47,000. Finally, MQS Management LLC acquired a new stake in shares of Vimeo during the first quarter valued at about $71,000. 84.97% of the stock is currently owned by institutional investors and hedge funds.

Vimeo Stock Performance

Shares of VMEO stock opened at $4.20 on Friday. The stock has a market capitalization of $695.98 million, a P/E ratio of 52.51 and a beta of 2.00. The company has a 50 day moving average price of $4.00 and a 200 day moving average price of $4.78. Vimeo, Inc. has a fifty-two week low of $3.64 and a fifty-two week high of $7.90.

Vimeo (NASDAQ:VMEO) last announced its quarterly earnings data on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The firm had revenue of $104.65 million during the quarter, compared to analysts’ expectations of $107.36 million. Vimeo had a net margin of 3.17% and a return on equity of 3.31%. The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.06 earnings per share. Vimeo has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Vimeo, Inc. will post 0.16 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Vimeo from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Piper Sandler reiterated an “overweight” rating and set a $7.00 price target (down from $8.00) on shares of Vimeo in a research report on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $7.10.

Vimeo 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.