Brokerages Set Getty Images Holdings, Inc. (NYSE:GETY) Price Target at $4.03

Getty Images Holdings, Inc. (NYSE:GETY) has been given an average rating of “Reduce” by the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $4.0250.

GETY has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Getty Images in a research report on Wednesday, October 8th. Wall Street Zen upgraded Getty Images from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. Benchmark downgraded Getty Images from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a research report on Tuesday, August 12th. Wedbush decreased their price target on Getty Images from $7.70 to $7.00 and set an “outperform” rating on the stock in a report on Tuesday, August 12th. Finally, Citigroup reissued a “neutral” rating and set a $1.85 price target (down from $2.05) on shares of Getty Images in a report on Tuesday, August 12th.

Insider Transactions at Getty Images

In other Getty Images news, SVP Cho Mikael sold 25,555 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $2.11, for a total transaction of $53,921.05. Following the sale, the senior vice president directly owned 131,348 shares of the company’s stock, valued at $277,144.28. This trade represents a 16.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Craig Warren Peters sold 32,950 shares of Getty Images stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $2.03, for a total value of $66,888.50. Following the completion of the sale, the chief executive officer directly owned 1,246,736 shares in the company, valued at $2,530,874.08. This trade represents a 2.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 218,595 shares of company stock worth $441,333. Insiders own 11.20% of the company’s stock.

Institutional Investors Weigh In On Getty Images

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Getty Images by 2.4% in the first quarter. Vanguard Group Inc. now owns 10,471,652 shares of the company’s stock worth $18,116,000 after purchasing an additional 246,403 shares during the last quarter. Invenomic Capital Management LP bought a new stake in shares of Getty Images in the first quarter worth about $4,646,000. JPMorgan Chase & Co. increased its holdings in shares of Getty Images by 43.8% in the second quarter. JPMorgan Chase & Co. now owns 2,434,545 shares of the company’s stock worth $4,041,000 after purchasing an additional 742,008 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Getty Images by 14.0% in the second quarter. Geode Capital Management LLC now owns 1,866,490 shares of the company’s stock worth $3,099,000 after purchasing an additional 228,532 shares during the last quarter. Finally, TIG Advisors LLC bought a new stake in shares of Getty Images in the first quarter worth about $654,000. 45.75% of the stock is owned by institutional investors.

Getty Images Price Performance

NYSE GETY opened at $2.01 on Friday. The company has a market capitalization of $831.69 million, a PE ratio of -7.16 and a beta of 1.88. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.70 and a current ratio of 0.70. The business’s fifty day moving average is $1.99 and its 200 day moving average is $1.85. Getty Images has a fifty-two week low of $1.25 and a fifty-two week high of $4.49.

Getty Images (NYSE:GETY) last released its earnings results on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.11). The company had revenue of $234.88 million for the quarter, compared to analysts’ expectations of $234.77 million. Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. Getty Images’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.01 earnings per share. Getty Images has set its FY 2025 guidance at EPS. Sell-side analysts predict that Getty Images will post 0.08 earnings per share for the current year.

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.