Short Interest in Vimeo, Inc. (NASDAQ:VMEO) Decreases By 28.6%

Vimeo, Inc. (NASDAQ:VMEOGet Free Report) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 3,800,000 shares, a decline of 28.6% from the August 31st total of 5,320,000 shares. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is presently 1.2 days. Currently, 2.7% of the company’s stock are sold short. Currently, 2.7% of the company’s stock are sold short. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is presently 1.2 days.

Vimeo Trading Down 0.4%

Shares of NASDAQ:VMEO opened at $7.74 on Thursday. Vimeo has a twelve month low of $3.64 and a twelve month high of $7.90. The company’s 50 day moving average is $5.63 and its 200 day moving average is $4.91. The company has a market cap of $1.28 billion, a PE ratio of 96.76 and a beta of 2.21.

Vimeo (NASDAQ:VMEOGet Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. Vimeo had a net margin of 3.17% and a return on equity of 3.31%. The company had revenue of $104.65 million for the quarter, compared to the consensus estimate of $107.36 million. During the same quarter in the prior year, the company earned $0.06 EPS. Vimeo’s quarterly revenue was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. Equities research analysts predict that Vimeo will post 0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on VMEO shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Vimeo in a research note on Wednesday. Truist Financial reiterated a “hold” rating and issued a $7.85 target price (down previously from $8.00) on shares of Vimeo in a research note on Friday, September 12th. Zacks Research lowered Vimeo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 3rd. Wall Street Zen lowered Vimeo from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Piper Sandler lowered Vimeo from an “overweight” rating to a “hold” rating and set a $7.85 target price on the stock. in a research note on Wednesday, September 10th. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $7.03.

Check Out Our Latest Research Report on Vimeo

Hedge Funds Weigh In On Vimeo

Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its holdings in Vimeo by 1,547.0% in the 1st quarter. GAMMA Investing LLC now owns 4,908 shares of the company’s stock worth $26,000 after buying an additional 4,610 shares during the period. Brevan Howard Capital Management LP purchased a new stake in Vimeo in the 2nd quarter worth approximately $41,000. Focus Partners Wealth purchased a new stake in Vimeo in the 1st quarter worth approximately $54,000. DekaBank Deutsche Girozentrale purchased a new stake in Vimeo in the 2nd quarter worth approximately $45,000. Finally, Jupiter Asset Management Ltd. purchased a new stake in Vimeo in the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 84.97% of the company’s stock.

Vimeo Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Vimeo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vimeo and related companies with MarketBeat.com's FREE daily email newsletter.