Getty Images Holdings, Inc. (NYSE:GETY) Director Sells $155,491.52 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 38,488 shares of Getty Images stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $4.04, for a total value of $155,491.52. Following the completion of the sale, the director now owns 8,462,409 shares of the company’s stock, valued at $34,188,132.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total value of $40,484.00.
• On Friday, April 5th, Chinh Chu sold 14,707 shares of Getty Images stock. The stock was sold at an average price of $4.01, for a total value of $58,975.07.
• On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The stock was sold at an average price of $4.11, for a total value of $364,035.03.
• On Wednesday, March 27th, Chinh Chu sold 213,811 shares of Getty Images stock. The stock was sold at an average price of $4.19, for a total value of $895,868.09.
• On Monday, March 25th, Chinh Chu sold 117,739 shares of Getty Images stock. The stock was sold at an average price of $4.14, for a total value of $487,439.46.
• On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The stock was sold at an average price of $4.39, for a total value of $421,106.36.
• On Wednesday, March 20th, Chinh Chu sold 238,520 shares of Getty Images stock. The stock was sold at an average price of $4.95, for a total value of $1,180,674.00.

Getty Images Price Performance

Shares of GETY opened at $3.81 on Thursday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a 50 day simple moving average of $4.45 and a 200 day simple moving average of $4.75. Getty Images Holdings, Inc. has a 52-week low of $3.65 and a 52-week high of $8.18. The firm has a market capitalization of $1.54 billion, a PE ratio of 95.13 and a beta of 2.12.

Getty Images (NYSE:GETY) last released its earnings results on Thursday, March 14th. The company reported $0.09 EPS for the quarter. The firm had revenue of $225.94 million for the quarter, compared to analysts’ expectations of $227.00 million. Getty Images had a return on equity of 9.30% and a net margin of 2.11%. Sell-side analysts predict that Getty Images Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GETY. Citigroup boosted their target price on Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Wedbush restated an “outperform” rating and set a $7.70 target price on shares of Getty Images in a research report on Friday, March 15th. Finally, Benchmark boosted their price objective on Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Getty Images currently has a consensus rating of “Moderate Buy” and an average target price of $6.35.

Institutional Investors Weigh In On Getty Images

Several institutional investors have recently bought and sold shares of GETY. Vanguard Group Inc. bought a new stake in Getty Images in the 3rd quarter valued at approximately $52,554,000. Charles Schwab Investment Management Inc. lifted its stake in Getty Images by 596.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 217,597 shares of the company’s stock valued at $1,412,000 after acquiring an additional 186,370 shares in the last quarter. EULAV Asset Management lifted its stake in Getty Images by 37.5% in the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock valued at $3,570,000 after acquiring an additional 150,000 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in Getty Images by 124.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock valued at $882,000 after acquiring an additional 75,255 shares in the last quarter. Finally, Northern Trust Corp bought a new stake in Getty Images in the 3rd quarter valued at approximately $484,000. Institutional investors 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.