Getty Images Holdings, Inc. (NYSE:GETY) VP Sells $20,341.40 in Stock

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) VP Daine Marc Weston sold 9,595 shares of the stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total value of $20,341.40. Following the completion of the transaction, the vice president now owns 106,847 shares of the company's stock, valued at $226,515.64. This trade represents a 8.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Getty Images Stock Down 3.6 %

Shares of NYSE:GETY traded down $0.07 during trading on Monday, reaching $1.73. 232,781 shares of the company traded hands, compared to its average volume of 1,105,653. Getty Images Holdings, Inc. has a 1-year low of $1.72 and a 1-year high of $4.49. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. The firm has a market cap of $711.68 million, a P/E ratio of 14.38 and a beta of 1.97. The firm has a fifty day simple moving average of $2.35 and a 200 day simple moving average of $2.91.

Getty Images (NYSE:GETY - Get Free Report) last issued its earnings results on Monday, March 17th. The company reported ($0.01) EPS 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 analysts' expectations of $245.50 million. The business's quarterly revenue was up 9.5% compared to the same quarter last year. Analysts anticipate that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.

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Analyst Upgrades and Downgrades

Several brokerages have commented on GETY. Benchmark decreased their target price 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. 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. Wedbush restated an "outperform" rating and issued a $7.70 target price on shares of Getty Images in a report on Thursday, March 13th. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Getty Images in a research report on Wednesday, December 18th. Finally, Citigroup reissued a "neutral" rating and issued a $2.45 price objective on shares of Getty Images in a research note on Monday, March 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $4.60.

Hedge Funds Weigh In On Getty Images

A number of hedge funds have recently added to or reduced their stakes in GETY. Koch Inc. bought a new stake in Getty Images in the fourth quarter worth approximately $174,385,000. Toronto Dominion Bank bought a new stake in Getty Images in the fourth quarter worth $3,553,000. Wexford Capital LP acquired a new position in Getty Images during the fourth quarter worth $80,000. ProShare Advisors LLC raised its holdings in Getty Images by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 28,255 shares of the company's stock valued at $61,000 after buying an additional 9,297 shares in the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of Getty Images in the fourth quarter worth about $168,000. Institutional investors and hedge funds own 45.75% 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.