Getty Images Holdings, Inc. (NYSE:GETY) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in shares of Getty Images Holdings, Inc. (NYSE:GETY) by 55.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,746 shares of the company’s stock after selling 19,601 shares during the period. SG Americas Securities LLC’s holdings in Getty Images were worth $34,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GETY. State Street Corp lifted its stake in Getty Images by 46.3% in the 3rd quarter. State Street Corp now owns 1,474,167 shares of the company’s stock valued at $5,617,000 after buying an additional 466,521 shares in the last quarter. Geode Capital Management LLC increased its holdings in Getty Images by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,663,955 shares of the company’s stock valued at $6,340,000 after purchasing an additional 88,533 shares in the last quarter. Franklin Resources Inc. acquired a new stake in Getty Images in the 3rd quarter valued at $221,000. Charles Schwab Investment Management Inc. boosted its position in Getty Images by 12.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 524,987 shares of the company’s stock valued at $2,000,000 after buying an additional 58,135 shares during the last quarter. Finally, Barclays PLC boosted its position in Getty Images by 47.1% in the 3rd quarter. Barclays PLC now owns 156,216 shares of the company’s stock valued at $596,000 after buying an additional 49,995 shares during the last quarter. Institutional investors and hedge funds own 45.75% of the company’s stock.

Getty Images Stock Down 2.8 %

NYSE GETY opened at $2.65 on Friday. Getty Images Holdings, Inc. has a 52 week low of $2.06 and a 52 week high of $5.77. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market capitalization of $1.09 billion, a P/E ratio of 22.04 and a beta of 1.95. The stock has a fifty day moving average of $2.56 and a 200-day moving average of $3.19.

Analysts Set New Price Targets

GETY has been the topic of a number of recent research reports. Benchmark reissued a “buy” rating and issued a $6.00 target price on shares of Getty Images in a report on Friday, January 10th. Wedbush reaffirmed an “outperform” rating and set a $7.70 target price on shares of Getty Images in a report on Tuesday, January 7th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. Finally, Macquarie reaffirmed a “neutral” rating and issued a $3.75 target price on shares of Getty Images in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $5.61.

Insiders Place Their Bets

In other news, major shareholder Neuberger Berman Group Llc sold 4,100,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $2.46, for a total transaction of $10,086,000.00. Following the completion of the sale, the insider now owns 74,175,262 shares in the company, valued at $182,471,144.52. The trade was a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Craig Warren Peters sold 32,753 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $72,056.60. Following the completion of the sale, the chief executive officer now owns 1,212,648 shares of the company’s stock, valued at approximately $2,667,825.60. This trade represents a 2.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,171,021 shares of company stock worth $10,242,646. Corporate insiders own 12.30% of the company’s stock.

Getty Images 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.