Gene Foca Sells 6,174 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) CMO Gene Foca sold 6,174 shares of the firm's stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total value of $13,582.80. Following the sale, the chief marketing officer now directly owns 445,773 shares of the company's stock, valued at approximately $980,700.60. This represents a 1.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Getty Images Stock Up 2.2 %

Shares of NYSE GETY traded up $0.05 during mid-day trading on Thursday, reaching $2.29. The company had a trading volume of 730,765 shares, compared to its average volume of 488,949. 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 has a market capitalization of $941.36 million, a price-to-earnings ratio of 19.08 and a beta of 1.86. The stock has a fifty day moving average of $3.18 and a two-hundred day moving average of $3.42. Getty Images Holdings, Inc. has a 12-month low of $2.10 and a 12-month high of $5.77.

Institutional Investors Weigh In On Getty Images

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its stake in shares of Getty Images by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,663,955 shares of the company's stock worth $6,340,000 after purchasing an additional 88,533 shares in the last quarter. State Street Corp increased its holdings in Getty Images by 46.3% in the third quarter. State Street Corp now owns 1,474,167 shares of the company's stock worth $5,617,000 after buying an additional 466,521 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Getty Images by 12.5% during 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. Bank of New York Mellon Corp acquired a new stake in Getty Images in the second quarter valued at approximately $910,000. Finally, FMR LLC grew its position in Getty Images by 5.0% in the third quarter. FMR LLC now owns 166,221 shares of the company's stock worth $633,000 after acquiring an additional 7,897 shares in the last quarter. Hedge funds and other institutional investors own 45.75% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Macquarie upped their price objective on shares of Getty Images from $3.50 to $3.75 and gave the company a "neutral" rating in a research note on Wednesday, November 13th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Getty Images in a research report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $5.61.

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.