Insider Selling: Getty Images Holdings, Inc. (NYSE:GETY) SVP Sells 18,590 Shares of Stock

Getty Images Holdings, Inc. (NYSE:GETY) SVP Cho Mikael sold 18,590 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total value of $39,410.80. Following the sale, the senior vice president now owns 123,862 shares of the company’s stock, valued at $262,587.44. The trade was a 13.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Getty Images Trading Down 2.3 %

Shares of GETY stock traded down $0.05 during mid-day trading on Thursday, reaching $1.93. 1,292,671 shares of the stock traded hands, compared to its average volume of 1,099,211. The stock’s fifty day simple moving average is $2.37 and its two-hundred day simple moving average is $2.93. Getty Images Holdings, Inc. has a 1-year low of $1.90 and a 1-year high of $4.49. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. The company has a market cap of $794.19 million, a price-to-earnings ratio of 16.04 and a beta of 1.97.

Getty Images (NYSE:GETY) last posted its earnings results on Monday, March 17th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.05). Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The business had revenue of $247.30 million for the quarter, compared to analyst estimates of $245.50 million. The company’s revenue was up 9.5% on a year-over-year basis. On average, research analysts anticipate that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.

Institutional Trading of Getty Images

Several institutional investors have recently modified their holdings of GETY. Intech Investment Management LLC acquired a new position in Getty Images during the 3rd quarter worth about $44,000. BNP Paribas Financial Markets acquired a new position in shares of Getty Images in the fourth quarter worth approximately $27,000. Aristeia Capital L.L.C. bought a new stake in Getty Images in the fourth quarter valued at approximately $28,000. Ameriprise Financial Inc. acquired a new stake in Getty Images during the 4th quarter valued at approximately $28,000. Finally, Virtu Financial LLC acquired a new stake in Getty Images during the 4th quarter valued at approximately $33,000. Institutional investors own 45.75% of the company’s stock.

Analyst Ratings Changes

GETY has been the subject of a number of research analyst reports. Citigroup reissued a “neutral” rating and set a $2.45 price target on shares of Getty Images in a report on Monday. Macquarie reissued a “neutral” rating and issued a $3.75 target price on shares of Getty Images in a report on Wednesday, January 8th. Benchmark decreased their price target on shares of Getty Images from $6.00 to $4.50 and set a “buy” rating on the stock in a report on Tuesday, March 18th. Wedbush reissued an “outperform” rating and issued a $7.70 price objective on shares of Getty Images in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Getty Images currently has a consensus rating of “Hold” and an average price target of $4.60.

Getty Images Company Profile

Getty Images Holdings, Inc offers creative and editorial visual content solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its products include Getty Images that offers creative and editorial content including stills, music and video which focuses on corporate, agency, and media customers; iStock.com, an e-commerce offering where customers have access to creative stills and video; Unsplash.com, a platform offering free stock photo downloads and paid subscriptions targeted to the high-growth prosumer and semi-professional creator segments; and Unsplash+ that provides access to unique model released content with expanded legal protections.