In a report released today, Daniel Salmon from BMO Capital maintained a Hold rating on Vimeo (VMEO – Research Report), with a price target of $12.00. The company’s shares closed last Friday at $12.12, close to its 52-week low of $9.20.
According to TipRanks.com, Salmon is a 5-star analyst with an average return of 17.1% and a 67.0% success rate. Salmon covers the Technology sector, focusing on stocks such as Integral Ad Science, Alphabet Class A, and Meta Platforms.
Currently, the analyst consensus on Vimeo is a Moderate Buy with an average price target of $20.75.
The company has a one-year high of $58.00 and a one-year low of $9.20. Currently, Vimeo has an average volume of 2.33M.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VMEO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Vimeo Holdings Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.
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