5 Best Technology Penny Stocks to Buy

2. Vimeo, Inc. (NASDAQ:VMEO)

Number of Q1 2023 Hedge Fund Investors: 32

Vimeo, Inc. (NASDAQ:VMEO) is a software company headquartered in New York, New York. It operates an online video platform that allows users to share their content with the world. The firm announced in June 2023 that it is partnering up with a text to speech company to improve its user experience.

32 out of the 943 hedge funds part of Insider Monkey’s database had owned a stake in Vimeo, Inc. (NASDAQ:VMEO) as of Q1 2023. Out of these, the largest investor is Mason Hawkins’ Southeastern Asset Management with a $23 million stake.

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