Vimeo Inc (VMEO) Stock Could Soon Reward Patient Investors

Vimeo Inc (NASDAQ: VMEO) is 6.38% higher on its value in year-to-date trading and has touched a low of $3.02 and a high of $4.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VMEO stock was last observed hovering at around $4.01 in the last trading session, with the day’s gains setting it 0.16%.

Currently trading at $4.17, the stock is 9.65% and 9.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing 3.99% at the moment leaves the stock 9.89% off its SMA200. VMEO registered -4.36% loss for a year compared to 6-month loss of -0.95%. The firm has a 50-day simple moving average (SMA 50) of $1.90 and a 200-day simple moving average (SMA200) of $45.86.

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The stock witnessed a 12.70% gain in the last 1 month and extending the period to 3 months gives it a 19.48%, and is 8.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.00% over the week and 3.63% over the month.

Current P/E ratio is 85.10. Profit margin for the company is 1.98%. Distance from 52-week low is 38.31% and -14.01% from its 52-week high. The company has generated returns on investments over the last 12 months (2.18%).

Vimeo Inc quarterly earnings per share for the current quarter are estimated at -$0.01 with sales reaching $102.31M over the same period.The EPS is expected to grow by 115.99% this year, but quarterly earnings will post -4.40% year-over-year. Quarterly sales are estimated to shrink -3.10% in year-over-year returns.

Vimeo Inc (VMEO) Top Institutional Holders

312 institutions hold shares in Vimeo Inc (VMEO), with institutional investors hold 98.63% of the company’s shares. The shares outstanding are 157.19M, and float is at 143.72M with Short Float at 2.53%. Institutions hold 91.50% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 14.78 million shares valued at $60.88 million. The investor’s holdings represent 9.38% of the VMEO Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 13.31 million shares valued at $54.85 million to account for 8.45% of the shares outstanding. The other top investors are T. Rowe Price Investment Management, Inc. which holds 11.16 million shares representing 7.09% and valued at over $45.98 million, while Thrive Capital Management, LLC holds 3.72% of the shares totaling 5.85 million with a market value of $24.11 million.

Vimeo Inc (VMEO) Insider Activity

A total of 5 insider transactions have happened at Vimeo Inc (VMEO) in the last six months, with sales accounting for 2 and purchases happening 3 times. The most recent transaction is an insider purchase by Munson Gillian,the company’sChief Financial Officer. SEC filings show that Munson Gillian bought 20,000 shares of the company’s common stock on Mar 01 at a price of $3.77 per share for a total of $75414.0. Following the purchase, the insider now owns 0.85 million shares.