Getty Images Holdings, Inc. (NYSE:GETY) CFO Sells $62,766.84 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 29,607 shares of the firm’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $62,766.84. Following the transaction, the chief financial officer now directly owns 278,072 shares of the company’s stock, valued at $589,512.64. The trade was a 9.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Getty Images Trading Down 2.3 %

Shares of GETY stock traded down $0.05 during mid-day trading on Thursday, hitting $1.93. The company’s stock had a trading volume of 1,292,671 shares, compared to its average volume of 1,099,211. Getty Images Holdings, Inc. has a 52 week low of $1.90 and a 52 week high of $4.49. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The company’s fifty day simple moving average is $2.37 and its 200-day simple moving average is $2.93. The company has a market cap of $794.19 million, a PE ratio of 16.04 and a beta of 1.97.

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GETY. BNP Paribas Financial Markets bought a new stake in Getty Images in the fourth quarter valued at $27,000. Aristeia Capital L.L.C. acquired a new stake in shares of Getty Images in the 4th quarter valued at about $28,000. Ameriprise Financial Inc. acquired a new stake in shares of Getty Images in the 4th quarter valued at about $28,000. Virtu Financial LLC bought a new stake in Getty Images in the 4th quarter valued at about $33,000. Finally, Oxford Asset Management LLP acquired a new position in Getty Images during the 4th quarter worth approximately $33,000. 45.75% of the stock is owned by institutional investors.

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.