River Global Investors LLP Has $1.43 Million Stock Holdings in Vimeo, Inc. (NASDAQ:VMEO)

River Global Investors LLP raised its stake in Vimeo, Inc. (NASDAQ:VMEO) by 17.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,669 shares of the company’s stock after buying an additional 54,079 shares during the period. River Global Investors LLP owned 0.22% of Vimeo worth $1,427,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VMEO. Los Angeles Capital Management LLC raised its holdings in Vimeo by 142.8% in the 4th quarter. Los Angeles Capital Management LLC now owns 664,114 shares of the company’s stock valued at $2,603,000 after buying an additional 390,574 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Vimeo by 22.7% in the fourth quarter. Victory Capital Management Inc. now owns 19,318 shares of the company’s stock valued at $76,000 after purchasing an additional 3,571 shares during the period. Bailard Inc. bought a new position in Vimeo during the fourth quarter worth $105,000. New York State Common Retirement Fund lifted its holdings in Vimeo by 22.8% in the fourth quarter. New York State Common Retirement Fund now owns 67,085 shares of the company’s stock valued at $263,000 after buying an additional 12,443 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Vimeo by 30.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,439 shares of the company’s stock valued at $147,000 after acquiring an additional 8,775 shares during the last quarter. Institutional investors own 84.97% of the company’s stock.

Vimeo Stock Up 0.5 %

VMEO stock traded up $0.02 during midday trading on Friday, reaching $3.67. 1,186,524 shares of the company’s stock traded hands, compared to its average volume of 2,049,138. Vimeo, Inc. has a 52 week low of $3.02 and a 52 week high of $5.77. The company has a market cap of $616.71 million, a price-to-earnings ratio of 28.23 and a beta of 2.02. The firm’s fifty day moving average price is $4.28 and its 200-day moving average price is $3.91.

Vimeo (NASDAQ:VMEO) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.06. Vimeo had a return on equity of 6.07% and a net margin of 5.28%. The firm had revenue of $105.54 million during the quarter, compared to the consensus estimate of $102.37 million. During the same period in the prior year, the business posted ($0.03) earnings per share. The company’s quarterly revenue was up .0% compared to the same quarter last year.

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.