Vimeo, Inc. (NASDAQ:VMEO) Shares Acquired by Boston Partners

Boston Partners raised its position in Vimeo, Inc. (NASDAQ:VMEO) by 108.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 943,658 shares of the company’s stock after buying an additional 490,094 shares during the period. Boston Partners owned approximately 0.57% of Vimeo worth $3,888,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Russell Investments Group Ltd. grew its position in shares of Vimeo by 85.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,445,369 shares of the company’s stock worth $14,195,000 after acquiring an additional 1,587,565 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Vimeo by 2.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,169,641 shares of the company’s stock valued at $4,819,000 after purchasing an additional 24,235 shares during the period. Citigroup Inc. raised its position in shares of Vimeo by 448.4% during the 2nd quarter. Citigroup Inc. now owns 122,380 shares of the company’s stock worth $504,000 after buying an additional 100,063 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Vimeo by 154.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,839,024 shares of the company’s stock valued at $7,577,000 after purchasing an additional 1,117,064 shares in the last quarter. Finally, TD Asset Management Inc grew its holdings in Vimeo by 8.4% during the second quarter. TD Asset Management Inc now owns 305,986 shares of the company’s stock worth $1,261,000 after acquiring an additional 23,800 shares during the period. 84.28% of the stock is currently owned by hedge funds and other institutional investors.

Vimeo Stock Performance

NASDAQ VMEO opened at $3.81 on Tuesday. Vimeo, Inc. has a 1 year low of $3.02 and a 1 year high of $5.19. The stock has a market capitalization of $635.75 million, a P/E ratio of 76.20 and a beta of 1.89. The business’s fifty day moving average is $3.45 and its two-hundred day moving average is $3.82.

Vimeo (NASDAQ:VMEO) last released its earnings results on Monday, November 6th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.10. Vimeo had a return on equity of 2.39% and a net margin of 2.04%. The company had revenue of $106.25 million during the quarter, compared to analyst estimates of $101.03 million. During the same quarter in the prior year, the company earned ($0.13) earnings per share. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. On average, research analysts forecast that Vimeo, Inc. will post 0.08 earnings per share for the current year.

About Vimeo

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. 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.