In a filing, Vimeo Inc revealed its Director Schiffman Glenn acquired Company’s shares for reported $0.11 million on Feb 24 ’25. In the deal valued at $5.31 per share,20,000 shares were bought. As a result of this transaction, Schiffman Glenn now holds 387,404 shares worth roughly $2.1 million.
Then, PETROCELLI ROBERT RAYMOND bought 20,000 shares, generating $107,592 in total proceeds. Upon buying the shares at $5.38, the Chief Product & Tech Officer now owns 820,000 shares.
Before that, Munson Gillian bought 7,272 shares. Vimeo Inc shares valued at $39,330 were divested by the Chief Financial Officer at a price of $5.41 per share. As a result of the transaction, Munson Gillian now holds 864,287 shares, worth roughly $4.69 million.
Piper Sandler upgraded its Vimeo Inc [VMEO] rating to an Overweight from a a Neutral in a research note published on December 10, 2024; the price target was increased to $10 from $7. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Piper Sandler also remained covering VMEO and has decreased its forecast on May 06, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. JP Morgan maintained its rating on December 15, 2021. It rated VMEO as “a Neutral”.
Price Performance Review of VMEO
On Friday, Vimeo Inc [NASDAQ:VMEO] saw its stock jump 1.69% to $5.43. Over the last five days, the stock has lost -3.72%. Vimeo Inc shares have fallen nearly -15.16% since the year began. Nevertheless, the stocks have fallen -0.73% over the past one year. While a 52-week high of $7.90 was reached on 01/28/25, a 52-week low of $3.43 was recorded on 02/20/25. SMA at 50 days reached $6.20, while 200 days put it at $5.34.
Levels Of Support And Resistance For VMEO Stock
The 24-hour chart illustrates a support level at 5.36, which if violated will result in even more drops to 5.28. On the upside, there is a resistance level at 5.50. A further resistance level may holdings at 5.57. The Relative Strength Index (RSI) on the 14-day chart is 38.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.12%. Stochastics %K at 12.89% indicates the stock is a buying.
How much short interest is there in Vimeo Inc?
A steep rise in short interest was recorded in Vimeo Inc stocks on 2025-02-28, dropping by 40139.0 shares to a total of 4.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.13 million shares. There was a decline of -0.98%, which implies that there is a negative sentiment for the stock.