Getty Images Holdings, Inc. (NYSE:GETY) Director Sells $15,748.00 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 3,937 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $4.00, for a total transaction of $15,748.00. Following the completion of the transaction, the director now owns 8,430,000 shares of the company’s stock, valued at approximately $33,720,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, April 26th, Chinh Chu sold 5,201 shares of Getty Images stock. The shares were sold at an average price of $4.01, for a total value of $20,856.01.
• On Tuesday, April 23rd, Chinh Chu sold 14,027 shares of Getty Images stock. The stock was sold at an average price of $4.02, for a total value of $56,388.54.
• On Thursday, April 11th, Chinh Chu sold 38,488 shares of Getty Images stock. The shares were sold at an average price of $4.04, for a total value of $155,491.52.
• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The shares were 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 transaction of $58,975.07.
• On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The shares were sold at an average price of $4.11, for a total transaction of $364,035.03.
• On Wednesday, March 27th, Chinh Chu sold 213,811 shares of Getty Images stock. The shares were sold at an average price of $4.19, for a total transaction 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 transaction 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 shares were sold at an average price of $4.95, for a total value of $1,180,674.00.

Getty Images Trading Up 1.5 %

Shares of GETY stock opened at $3.74 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 93.38 and a beta of 2.12. The company’s 50-day moving average price is $4.33 and its 200-day moving average price is $4.61. Getty Images Holdings, Inc. has a twelve month low of $3.65 and a twelve month high of $7.35.

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

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Benchmark raised their price objective on Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a report on Friday, March 15th. Wedbush restated an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research report on Friday, March 15th. Finally, Citigroup increased 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $6.35.

Institutional Trading of Getty Images

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GETY. Vanguard Group Inc. acquired a new stake in shares of Getty Images in the third quarter valued at $52,554,000. EULAV Asset Management increased its holdings in Getty Images by 37.5% during the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock worth $3,570,000 after purchasing an additional 150,000 shares during the period. Wolverine Asset Management LLC raised its position 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 purchasing an additional 75,255 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Getty Images during the third quarter worth about $140,000. Finally, Kessler Investment Group LLC purchased a new stake in shares of Getty Images during the first quarter worth approximately $89,000. Hedge funds and other institutional investors 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.