Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu Sells 3,937 Shares of Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 3,937 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $4.00, for a total value of $15,748.00. Following the completion of the transaction, the director now directly owns 8,430,000 shares in the company, valued at $33,720,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, April 26th, Chinh Chu sold 5,201 shares of Getty Images stock. The shares were sold at an average price of $4.01, for a total value of $20,856.01.
• On Tuesday, April 23rd, Chinh Chu sold 14,027 shares of Getty Images stock. The shares were sold at an average price of $4.02, for a total value of $56,388.54.
• On Thursday, April 11th, Chinh Chu sold 38,488 shares of Getty Images stock. The shares were sold at an average price of $4.04, for a total value of $155,491.52.
• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total value of $40,484.00.
• On Friday, April 5th, Chinh Chu sold 14,707 shares of Getty Images stock. The stock was sold at an average price of $4.01, for a total value of $58,975.07.
• On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The stock was sold at an average price of $4.11, for a total value of $364,035.03.
• On Wednesday, March 27th, Chinh Chu sold 213,811 shares of Getty Images stock. The stock was sold at an average price of $4.19, for a total value of $895,868.09.
• On Monday, March 25th, Chinh Chu sold 117,739 shares of Getty Images stock. The stock was sold at an average price of $4.14, for a total value of $487,439.46.
• 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 value 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 value of $1,180,674.00.

Getty Images Stock Performance

Shares of GETY stock opened at $3.69 on Wednesday. The company has a market capitalization of $1.51 billion, a P/E ratio of 92.13 and a beta of 2.12. The business’s 50 day moving average is $4.35 and its two-hundred day moving average is $4.63. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. Getty Images Holdings, Inc. has a 12-month low of $3.65 and a 12-month high of $7.35.

Getty Images (NYSE:GETY) last released its earnings results on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $225.94 million for the quarter, compared to the consensus estimate of $227.00 million. Getty Images had a return on equity of 9.30% and a net margin of 2.11%. Analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Citigroup raised their target price on Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Benchmark increased their price target on Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Finally, Wedbush reiterated an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research report on Friday, March 15th. Three investment 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 has an average rating of “Moderate Buy” and a consensus target price of $6.35.

Hedge Funds Weigh In On Getty Images

Several hedge funds and other institutional investors have recently made changes to their positions in GETY. Bank of New York Mellon Corp purchased a new position in shares of Getty Images in the third quarter valued at approximately $140,000. Victory Capital Management Inc. purchased a new position in shares of Getty Images in the third quarter valued at approximately $136,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Getty Images in the third quarter valued at approximately $26,000. Wolverine Asset Management LLC lifted its position in shares of Getty Images by 124.0% in the third quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock valued at $882,000 after acquiring an additional 75,255 shares in the last quarter. Finally, Corton Capital Inc. lifted its position in shares of Getty Images by 49.3% in the third quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock valued at $109,000 after acquiring an additional 5,571 shares in the last quarter. Hedge funds and other institutional investors own 45.75% of the company’s stock.

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.