Getty Images Holdings, Inc. (NYSE:GETY) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in shares of Getty Images Holdings, Inc. (NYSE:GETY - Free Report) by 7.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,225,249 shares of the company's stock after acquiring an additional 698,829 shares during the period. Vanguard Group Inc. owned approximately 2.49% of Getty Images worth $22,087,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of GETY. Charles Schwab Investment Management Inc. grew its holdings in 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 purchasing an additional 58,135 shares during the period. Franklin Resources Inc. acquired a new stake in Getty Images in the 3rd quarter valued at $221,000. Barclays PLC increased its holdings in Getty Images by 47.1% in the 3rd quarter. Barclays PLC now owns 156,216 shares of the company's stock worth $596,000 after acquiring an additional 49,995 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Getty Images by 71.2% in the 4th quarter. Bank of New York Mellon Corp now owns 352,388 shares of the company's stock worth $761,000 after acquiring an additional 146,576 shares in the last quarter. Finally, Jane Street Group LLC raised its position in 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 acquiring an additional 39,477 shares during the period. Hedge funds and other institutional investors own 45.75% of the company's stock.

Analyst Ratings Changes

GETY has been the topic of several research analyst reports. Citigroup reiterated a "neutral" rating and issued a $2.45 target price on shares of Getty Images in a research report on Monday, March 24th. Benchmark cut their price objective on Getty Images from $6.00 to $4.50 and set a "buy" rating for the company in a research note on Tuesday, March 18th. Macquarie restated a "neutral" rating and issued 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 research note on Thursday, March 13th. 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.com, Getty Images has an average rating of "Hold" and an average target price of $4.60.

Getty Images Price Performance

GETY traded up $0.08 during trading on Friday, reaching $1.74. The company's stock had a trading volume of 607,668 shares, compared to its average volume of 1,157,755. 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 fifty day simple moving average of $1.99 and a two-hundred day simple moving average of $2.67. The company has a market cap of $715.81 million, a price-to-earnings ratio of 14.46 and a beta of 2.00. Getty Images Holdings, Inc. has a 1 year low of $1.25 and a 1 year high of $4.49.

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

Insider Activity at Getty Images

In other Getty Images news, CTO Nathaniel Gandert sold 15,859 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total value of $33,621.08. Following the transaction, the chief technology officer now directly owns 534,377 shares in the company, valued at $1,132,879.24. The trade was a 2.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jennifer Leyden sold 29,607 shares of the firm's 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 $62,766.84. Following the sale, the chief financial officer now owns 278,072 shares of the company's stock, valued at $589,512.64. This represents a 9.62 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 226,668 shares of company stock valued at $480,536. 12.30% of the stock is owned by company insiders.

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.