Intrepid Capital Management Inc. bought a new position in shares of Vimeo, Inc. (OTCMKTS:VMEOV) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 47,380 shares of the company’s stock, valued at approximately $2,322,000.
A number of other institutional investors have also added to or reduced their stakes in VMEOV. State of Alaska Department of Revenue purchased a new stake in Vimeo during the 2nd quarter worth about $1,435,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Vimeo during the second quarter worth about $1,615,000. Tandem Capital Management Corp ADV purchased a new stake in shares of Vimeo during the second quarter worth approximately $1,266,000. Eos Focused Equity Management L.P. acquired a new position in Vimeo during the 2nd quarter worth approximately $2,095,000. Finally, Delta Financial Advisors LLC purchased a new stake in shares of Vimeo in the 2nd quarter valued at approximately $370,000.
Shares of OTCMKTS:VMEOV remained flat at $$52.08 on Monday. The stock had a trading volume of 39,750 shares, compared to its average volume of 16,933. Vimeo, Inc. has a twelve month low of $52.08 and a twelve month high of $58.00. The stock’s fifty 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.
Further Reading: Average Daily Trade Volume Explained
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