Chinh Chu Sells 117,739 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 117,739 shares of the business’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $4.14, for a total transaction of $487,439.46. Following the completion of the transaction, the director now owns 9,190,849 shares in the company, valued at approximately $38,050,114.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Chinh Chu also recently made the following trade(s):

• On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The shares were sold at an average price of $4.39, for a total transaction of $421,106.36.
• On Wednesday, March 20th, Chinh Chu sold 238,520 shares of Getty Images stock. The shares were sold at an average price of $4.95, for a total transaction of $1,180,674.00.

Getty Images Trading Up 7.0 %

NYSE:GETY opened at $4.26 on Thursday. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a 50-day moving average of $4.56 and a 200-day moving average of $4.99. The company has a market cap of $1.73 billion, a PE ratio of 106.50 and a beta of 2.15. Getty Images Holdings, Inc. has a one year low of $3.65 and a one year high of $8.18.

Getty Images (NYSE:GETY) last released its earnings results on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. The firm had revenue of $225.94 million during the quarter, compared to the consensus estimate of $227.00 million. As a group, equities research analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Getty Images during the 3rd quarter valued at approximately $26,000. UBS Group AG bought a new position in shares of Getty Images during the 1st quarter valued at $28,000. Tower Research Capital LLC TRC bought a new position in shares of Getty Images during the 3rd quarter valued at $28,000. Lazard Asset Management LLC bought a new position in shares of Getty Images during the 2nd quarter valued at $41,000. Finally, Delphia USA Inc. bought a new position in shares of Getty Images during the 1st quarter valued at $64,000. 45.75% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on GETY shares. Citigroup upped their price objective on shares of Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a report on Friday, March 15th. Benchmark upped their price objective on shares of Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a report on Friday, March 15th. Finally, Wedbush reiterated an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a report on Friday, March 15th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.35.

Getty Images Company Profile

Getty Images Holdings, Inc operates as a creator and distributor of award-winning still imagery, video, music, and multimedia products. The company provides other forms of premium digital content, including music. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, and books.