Carlyle Group Inc. Has $18.76 Million Stock Holdings in Getty Images Holdings, Inc. (NYSE:GETY)

Carlyle Group Inc. decreased its position in shares of Getty Images Holdings, Inc. (NYSE:GETY) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,684,599 shares of the company’s stock after selling 528,200 shares during the quarter. Getty Images makes up 4.2% of Carlyle Group Inc.’s holdings, making the stock its 7th largest holding. Carlyle Group Inc. owned about 2.11% of Getty Images worth $18,759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Virtu Financial LLC bought a new position in Getty Images in the fourth quarter worth approximately $33,000. Verition Fund Management LLC bought a new stake in Getty Images during the third quarter valued at about $96,000. JPMorgan Chase & Co. boosted its position in Getty Images by 25.4% during the fourth quarter. JPMorgan Chase & Co. now owns 46,590 shares of the company’s stock valued at $101,000 after purchasing an additional 9,434 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Getty Images by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 49,378 shares of the company’s stock worth $107,000 after purchasing an additional 15,978 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Getty Images by 356.0% during the fourth quarter. Intech Investment Management LLC now owns 52,921 shares of the company’s stock valued at $114,000 after buying an additional 41,316 shares during the last quarter. Institutional investors own 45.75% of the company’s stock.

Insider Buying and Selling at Getty Images

In related news, SVP Cho Mikael sold 18,590 shares of Getty Images stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total transaction of $39,410.80. Following the completion of the transaction, the senior vice president now directly owns 123,862 shares in the company, valued at approximately $262,587.44. This trade represents a 13.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Nathaniel Gandert sold 15,859 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total value of $33,621.08. Following the completion of the sale, the chief technology officer now owns 534,377 shares in the company, valued at approximately $1,132,879.24. This represents a 2.88 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 226,668 shares of company stock worth $480,536. Company insiders own 12.30% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GETY. Macquarie reaffirmed a “neutral” rating and issued a $3.75 price objective on shares of Getty Images in a research report on Wednesday, January 8th. Citigroup reaffirmed a “neutral” rating and issued a $2.45 price target on shares of Getty Images in a report on Monday, March 24th. Benchmark decreased their price objective on Getty Images from $6.00 to $4.50 and set a “buy” rating for the company in a report on Tuesday, March 18th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a research note on Wednesday, December 18th. Finally, Wedbush reiterated an “outperform” rating and issued a $7.70 price target on shares of Getty Images in a research note on Thursday, March 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $4.60.

Getty Images Trading Up 2.3 %

NYSE:GETY opened at $1.55 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84. The firm has a fifty day simple moving average of $2.10 and a 200-day simple moving average of $2.74. Getty Images Holdings, Inc. has a 12 month low of $1.25 and a 12 month high of $4.49. The company has a market capitalization of $637.42 million, a P/E ratio of 12.88 and a beta of 2.00.

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

About Getty Images

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.