Getty Images Holdings, Inc. (NYSE:GETY) SVP Cho Mikael Sells 18,590 Shares

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) SVP Cho Mikael sold 18,590 shares of the stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total value of $39,410.80. Following the transaction, the senior vice president now directly owns 123,862 shares in the company, valued at approximately $262,587.44. The trade was a 13.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Getty Images Stock Down 3.6 %

NYSE:GETY traded down $0.07 during trading hours on Monday, hitting $1.73. The company's stock had a trading volume of 232,781 shares, compared to its average volume of 1,105,653. Getty Images Holdings, Inc. has a 52-week low of $1.72 and a 52-week high of $4.49. 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 stock has a market capitalization of $711.68 million, a P/E ratio of 14.38 and a beta of 1.97. The stock has a fifty day moving average of $2.35 and a 200-day moving average of $2.91.

Getty Images (NYSE:GETY - Get Free Report) last released its quarterly earnings data on Monday, March 17th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.05). The business had revenue of $247.30 million during the quarter, compared to analysts' expectations of $245.50 million. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The company's quarterly revenue was up 9.5% on a year-over-year basis. On average, equities analysts forecast that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

GETY has been the topic of several recent research reports. Citigroup reaffirmed a "neutral" rating and set a $2.45 target price on shares of Getty Images in a research note on Monday, March 24th. Benchmark reduced their price objective on Getty Images from $6.00 to $4.50 and set a "buy" rating on the stock in a research note on Tuesday, March 18th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Getty Images in a research note on Wednesday, December 18th. Macquarie restated a "neutral" rating and set a $3.75 price target on shares of Getty Images in a report on Wednesday, January 8th. Finally, Wedbush reiterated an "outperform" rating and issued a $7.70 price objective on shares of Getty Images in a research note on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Getty Images presently has an average rating of "Hold" and a consensus target price of $4.60.

Institutional Trading of Getty Images

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers grew its position in shares of Getty Images by 3.6% in the 4th quarter. Rhumbline Advisers now owns 125,421 shares of the company's stock valued at $271,000 after buying an additional 4,359 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Getty Images by 15.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,897 shares of the company's stock worth $80,000 after purchasing an additional 4,826 shares during the last quarter. FMR LLC increased its position in shares of Getty Images by 5.0% during the third quarter. FMR LLC now owns 166,221 shares of the company's stock worth $633,000 after purchasing an additional 7,897 shares in the last quarter. ProShare Advisors LLC lifted its holdings in shares of Getty Images by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 28,255 shares of the company's stock valued at $61,000 after purchasing an additional 9,297 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Getty Images by 25.4% in the 4th 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 during the period. Institutional investors and hedge funds own 45.75% of the company's stock.

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.