Vimeo Inc. (NASDAQ:VMEO) marked $3.58 per share on Wednesday, down from a previous closing price of $3.70. While Vimeo Inc. has underperformed by -3.24%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VMEO fell by -72.01%, with highs and lows ranging from $12.78 to $3.07, whereas the simple moving average fell by -23.23% in the last 200 days.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Sponsored
On May 06, 2022, Piper Sandler Downgraded Vimeo Inc. (NASDAQ: VMEO) to Neutral. A report published by JP Morgan on December 15, 2021, Reiterated its previous ‘Neutral’ rating for VMEO. Cowen also Downgraded VMEO shares as ‘Market Perform’, setting a target price of $30 on the company’s shares in a report dated November 05, 2021. Wells Fargo Initiated an Overweight rating on September 22, 2021, and assigned a price target of $47. Truist resumed its ‘Buy’ rating for VMEO, as published in its report on August 09, 2021. Piper Sandler’s report from August 09, 2021 suggests a price prediction of $51 for VMEO shares, giving the stock a ‘Overweight’ rating. Jefferies also rated the stock as ‘Buy’.
Analysis of Vimeo Inc. (VMEO)
Further, the quarter-over-quarter decrease in sales is -0.50%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Vimeo Inc.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -22.60% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.40, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.92M can be a very valuable indicator of volatility for VMEO stock. On a monthly basis, the volatility of the stock is set at 4.76%, whereas on a weekly basis, it is put at 4.28%, with a loss of -1.10% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.40, showing growth from the present price of $3.58, which can serve as yet another indication of whether VMEO is worth investing in or should be passed over.
How Do You Analyze Vimeo Inc. Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.10%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 91.40% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in VMEO shares?
The recent increase in stakes in VMEO appears to be a result of several institutional investors and hedge funds increasing their positions. The Vanguard Group, Inc.’s position in VMEO has increased by 1.24% in the first quarter. The company now owns 13,243,347 shares of the stock, with a value of $50.72 million, following the purchase of 162,719 additional shares during the last quarter. BlackRock Fund Advisors made another increased to its shares in VMEO during the first quarter, upping its stake by 21.74%. During the last quarter, the company dropped down 1,926,086 additional shares for a total stake of worth $41.3 million, bringing number of shares owned by the company to 10,784,215.
During the first quarter, Southeastern Asset Management, In subtracted a -1,025,803 position in VMEO. Jackson Square Partners LLC sold an additional -1.3 million shares in the last quarter, decreasing its holdings by -11.82%, now holding 9.68 million shares worth $37.08 million. At the end of the first quarter, T. Rowe Price Investment Manageme decreased its VMEO holdings by -44.72% and now holds 6.01 million VMEO shares valued at $23.02 million with the lessened -4.86 million shares during the period. VMEO shares are owned by institutional investors to the tune of 91.40% at present.
