Vimeo Inc (NASDAQ: VMEO) is -0.47% lower on its value in year-to-date trading and has touched a low of $3.43 and a high of $7.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VMEO stock was last observed hovering at around $6.10 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $6.37, the stock is -2.97% and -3.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing 4.43% at the moment leaves the stock 31.12% off its SMA200. VMEO registered 72.63% gain for a year compared to 6-month gain of 67.19%. The firm has a 50-day simple moving average (SMA 50) of $6.5848 and a 200-day simple moving average (SMA200) of $4.846575.
The stock witnessed a -10.78% loss in the last 1 month and extending the period to 3 months gives it a 32.16%, and is -0.62% down 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 4.04% over the week and 4.60% over the month.
Vimeo Inc (VMEO) has around 1070 employees, a market worth around $1.06B and $419.39M in sales. Current P/E ratio is 32.27 and Fwd P/E is 41.10. Profit margin for the company is 7.92%. Distance from 52-week low is 85.71% and -19.37% from its 52-week high. The company has generated returns on investments over the last 12 months (7.94%).
The EPS is expected to grow by 40.38% this year
323.0 institutions hold shares in Vimeo Inc (VMEO), with institutional investors hold 97.81% of the company’s shares. The shares outstanding are 156.54M, and float is at 142.63M with Short Float at 2.92%. Institutions hold 92.32% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.75 million shares valued at $66.22 million. The investor’s holdings represent 10.757 of the VMEO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.08 million shares valued at $59.99 million to account for 9.7452 of the shares outstanding. The other top investors are LYNROCK LAKE LP which holds 15.73 million shares representing 9.5323 and valued at over $58.68 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 6.2834 of the shares totaling 10.37 million with a market value of $38.68 million.
Vimeo Inc (VMEO) Insider Activity
The most recent transaction is an insider purchase by Gross Adam, the company’s Director. SEC filings show that Gross Adam bought 50,000 shares of the company’s common stock on Aug 12 ’24 at a price of $5.01 per share for a total of $0.25 million. Following the purchase, the insider now owns 0.28 million shares.
Vimeo Inc disclosed in a document filed with the SEC on Aug 09 ’24 that Schiffman Glenn (Director) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $4.75 per share for $95100.0. Following the transaction, the insider now directly holds 0.37 million shares of the VMEO stock.
Still, SEC filings show that on Aug 08 ’24, Munson Gillian (Chief Financial Officer) acquired 4,348 shares at an average price of $4.63 for $20131.0. The insider now directly holds 1,040,676 shares of Vimeo Inc (VMEO).
