Chinh Chu Sells 117,739 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 117,739 shares of the company’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $4.14, for a total transaction of $487,439.46. Following the completion of the transaction, the director now owns 9,190,849 shares in the company, valued at $38,050,114.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Chinh Chu also recently made the following trade(s):

• On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The stock was sold at an average price of $4.39, for a total transaction of $421,106.36.
• On Wednesday, March 20th, Chinh Chu sold 238,520 shares of Getty Images stock. The stock was sold at an average price of $4.95, for a total transaction of $1,180,674.00.

Getty Images Stock Performance

Shares of Getty Images stock opened at $4.26 on Thursday. The firm has a market capitalization of $1.73 billion, a P/E ratio of 106.50 and a beta of 2.15. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.05. The company has a 50 day moving average price of $4.56 and a 200 day moving average price of $4.99. Getty Images Holdings, Inc. has a 52 week low of $3.65 and a 52 week high of $8.18.

Getty Images (NYSE:GETY) last announced its quarterly earnings data on Thursday, March 14th. The company reported $0.09 EPS for the quarter. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. The business had revenue of $225.94 million during the quarter, compared to analysts’ expectations of $227.00 million. Sell-side analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current year.

Institutional Trading of Getty Images

Several institutional investors and hedge funds have recently bought and sold shares of GETY. Tower Research Capital LLC TRC acquired a new stake in Getty Images during the 3rd quarter valued at approximately $28,000. State Street Corp acquired a new position in shares of Getty Images in the 3rd quarter valued at $73,000. Victory Capital Management Inc. lifted its stake in shares of Getty Images by 60.3% in the 4th quarter. Victory Capital Management Inc. now owns 22,644 shares of the company’s stock valued at $144,000 after purchasing an additional 8,519 shares during the period. Advisor Group Holdings Inc. lifted its stake in shares of Getty Images by 90,312.5% in the 4th quarter. Advisor Group Holdings Inc. now owns 28,932 shares of the company’s stock valued at $160,000 after purchasing an additional 28,900 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Getty Images by 167.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 30,987 shares of the company’s stock valued at $172,000 after purchasing an additional 19,394 shares during the period. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on GETY shares. Citigroup increased their target price on shares of Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Wedbush reissued an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research report on Friday, March 15th. Finally, Benchmark increased their price target on shares of Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $6.35.

Getty Images Company Profile

Getty Images Holdings, Inc operates as a creator and distributor of award-winning still imagery, video, music, and multimedia products. The company provides other forms of premium digital content, including music. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, and books.