Carlyle Group Inc. Sells 528,200 Shares of Getty Images Holdings, Inc. (NYSE:GETY)

Carlyle Group Inc. reduced its stake in Getty Images Holdings, Inc. (NYSE:GETY - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,684,599 shares of the company's stock after selling 528,200 shares during the quarter. Getty Images accounts for 4.2% of Carlyle Group Inc.'s investment portfolio, making the stock its 7th largest position. Carlyle Group Inc. owned 2.11% of Getty Images worth $18,759,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in shares of Getty Images by 12.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 524,987 shares of the company's stock valued at $2,000,000 after acquiring an additional 58,135 shares in the last quarter. Franklin Resources Inc. acquired a new stake in Getty Images in the 3rd quarter valued at about $221,000. Barclays PLC boosted its stake in shares of Getty Images by 47.1% in the 3rd quarter. Barclays PLC now owns 156,216 shares of the company's stock valued at $596,000 after buying an additional 49,995 shares during the period. Jane Street Group LLC grew its position in shares of Getty Images by 139.8% during the third quarter. Jane Street Group LLC now owns 67,712 shares of the company's stock worth $258,000 after buying an additional 39,477 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Getty Images by 71.2% in the fourth quarter. Bank of New York Mellon Corp now owns 352,388 shares of the company's stock valued at $761,000 after acquiring an additional 146,576 shares in the last quarter. 45.75% of the stock is owned by institutional investors and hedge funds.

Getty Images Trading Up 4.5 %

Shares of NYSE GETY traded up $0.08 on Friday, reaching $1.74. 607,668 shares of the company traded hands, compared to its average volume of 1,150,541. The company has a 50 day moving average of $2.01 and a 200 day moving average of $2.69. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84. Getty Images Holdings, Inc. has a fifty-two week low of $1.25 and a fifty-two week high of $4.49. The stock has a market capitalization of $715.81 million, a PE ratio of 14.46 and a beta of 2.00.

Getty Images (NYSE:GETY - Get Free Report) last posted its earnings results on Monday, March 17th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.05). The business had revenue of $247.30 million for 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%. The business's revenue for the quarter was up 9.5% on a year-over-year basis. On average, equities research analysts forecast that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on GETY. Citigroup reaffirmed a "neutral" rating and set a $2.45 price objective on shares of Getty Images in a research report on Monday, March 24th. Benchmark lowered their price objective on Getty Images from $6.00 to $4.50 and set a "buy" rating for the company in a research report on Tuesday, March 18th. Macquarie reissued a "neutral" rating and set a $3.75 target price on shares of Getty Images in a research report on Wednesday, January 8th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $7.70 price target on shares of Getty Images in a report 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. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $4.60.

Insider Buying and Selling at Getty Images

In other Getty Images news, SVP Cho Mikael sold 18,590 shares of the 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 transaction, the senior vice president now owns 123,862 shares of the company's stock, valued at $262,587.44. This trade represents a 13.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Nathaniel Gandert sold 15,859 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were 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 of the company's stock, valued at $1,132,879.24. This trade represents a 2.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 226,668 shares of company stock valued at $480,536 in the last ninety days. Insiders own 12.30% of the company's stock.

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.