Marco Investment Management LLC bought a new position in shares of Vimeo, Inc. (OTCMKTS:VMEOV) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 19,110 shares of the company’s stock, valued at approximately $936,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Baillie Gifford & Co. purchased a new stake in shares of Vimeo in the 2nd quarter worth about $178,808,000. Frontier Capital Management Co. LLC purchased a new stake in shares of Vimeo in the 2nd quarter worth about $54,749,000. TimesSquare Capital Management LLC purchased a new stake in shares of Vimeo in the 2nd quarter worth about $53,141,000. Handelsbanken Fonder AB purchased a new position in Vimeo in the 2nd quarter valued at about $27,968,000. Finally, Allen Holding Inc. NY purchased a new position in Vimeo in the 2nd quarter valued at about $23,866,000.
OTCMKTS VMEOV opened at $52.08 on Tuesday. Vimeo, Inc. has a 12 month low of $52.08 and a 12 month high of $58.00. The company’s 50-day moving average is $52.08.
Vimeo, Inc owns and operates an online video platform for users to upload, share, and watch videos. The company's platform provides video player, collaboration, marketing, live streaming, analystics, hosting, and management solutions. It also provides Vimeo On Demand, an open self-distribution service that enables users to sell their works directly to their audiences and retain a share of the revenue after transaction costs; and Vimeo Create, a suite of tools for making social videos.
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