Vimeo, Inc. (NASDAQ:VMEO) Shares Purchased by Keeley Teton Advisors LLC

Posted by Defense World Staff on Feb 24th, 2023

Keeley Teton Advisors LLC boosted its position in Vimeo, Inc. (NASDAQ:VMEO – Get Rating) by 53.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,000 shares of the company’s stock after purchasing an additional 15,329 shares during the period. Keeley Teton Advisors LLC’s holdings in Vimeo were worth $176,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Vimeo by 14.2% in the second quarter. Price T Rowe Associates Inc. MD now owns 10,964,620 shares of the company’s stock valued at $66,007,000 after buying an additional 1,364,656 shares in the last quarter. Millennium Management LLC boosted its holdings in Vimeo by 450.7% in the second quarter. Millennium Management LLC now owns 1,572,764 shares of the company’s stock worth $9,468,000 after purchasing an additional 1,287,149 shares in the last quarter. FMR LLC boosted its holdings in Vimeo by 8.2% in the second quarter. FMR LLC now owns 14,845,945 shares of the company’s stock worth $89,373,000 after purchasing an additional 1,126,431 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Vimeo by 58.5% in the second quarter. Renaissance Technologies LLC now owns 2,849,000 shares of the company’s stock worth $17,151,000 after purchasing an additional 1,051,000 shares in the last quarter. Finally, State Street Corp boosted its holdings in Vimeo by 39.3% in the second quarter. State Street Corp now owns 3,334,980 shares of the company’s stock worth $20,077,000 after purchasing an additional 940,688 shares in the last quarter. 83.89% of the stock is currently owned by institutional investors and hedge funds.

Vimeo Stock Performance

NASDAQ VMEO opened at $3.81 on Friday. The firm has a 50-day simple moving average of $3.93 and a 200 day simple moving average of $4.46. Vimeo, Inc. has a twelve month low of $3.07 and a twelve month high of $13.25. The stock has a market cap of $634.14 million, a PE ratio of -6.35 and a beta of 1.86.

Analysts Set New Price Targets

VMEO has been the subject of a number of recent research reports. Wells Fargo & Company decreased their price objective on shares of Vimeo from $10.00 to $7.25 and set an “overweight” rating for the company in a report on Thursday, January 19th. Cowen decreased their price target on shares of Vimeo to $6.00 in a report on Tuesday, November 1st. Finally, Piper Sandler decreased their price target on shares of Vimeo from $7.00 to $5.00 in a report on Thursday, November 3rd.

About Vimeo

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Vimeo, Inc, together with its subsidiaries, provides video software solutions in New York and internationally. The company 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. It also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.

Vimeo, Inc. (NASDAQ:VMEO) Shares Purchased by Keeley Teton Advisors LLC

Vimeo Stock Performance

Analysts Set New Price Targets

About Vimeo

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