Nuveen LLC Purchases Shares of 182,768 Getty Images Holdings, Inc. $GETY

Nuveen LLC purchased a new stake in Getty Images Holdings, Inc. (NYSE:GETY) during the 1st quarter, Holdings Channel reports. The firm purchased 182,768 shares of the company’s stock, valued at approximately $316,000.

Other institutional investors also recently modified their holdings of the company. Koch Inc. acquired a new stake in Getty Images in the 4th quarter valued at about $174,385,000. Vanguard Group Inc. increased its position in Getty Images by 2.4% during the first quarter. Vanguard Group Inc. now owns 10,471,652 shares of the company’s stock worth $18,116,000 after buying an additional 246,403 shares during the last quarter. Toronto Dominion Bank bought a new stake in Getty Images in the fourth quarter valued at approximately $3,553,000. Northern Trust Corp lifted its position in shares of Getty Images by 3.0% in the fourth quarter. Northern Trust Corp now owns 713,835 shares of the company’s stock valued at $1,542,000 after buying an additional 20,753 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Getty Images by 139.1% in the first quarter. Victory Capital Management Inc. now owns 189,786 shares of the company’s stock valued at $328,000 after buying an additional 110,402 shares during the last quarter. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GETY. Wall Street Zen raised Getty Images from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. Citigroup reaffirmed a “neutral” rating and issued a $1.85 price objective (down from $2.05) on shares of Getty Images in a research report on Tuesday, August 12th. Zacks Research upgraded shares of Getty Images to a “hold” rating in a research note on Friday, August 8th. Benchmark cut shares of Getty Images from a “buy” rating to a “hold” rating and set a $3.50 target price for the company. in a research note on Tuesday, August 12th. Finally, Wedbush cut their target price on shares of Getty Images from $7.70 to $7.00 and set an “outperform” rating for the company in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $4.03.

Getty Images Price Performance

Shares of Getty Images stock opened at $1.87 on Friday. Getty Images Holdings, Inc. has a twelve month low of $1.25 and a twelve month high of $4.49. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 2.03. The company has a 50-day simple moving average of $1.80 and a two-hundred day simple moving average of $1.84. The stock has a market capitalization of $773.62 million, a price-to-earnings ratio of -6.66 and a beta of 1.87.

Getty Images (NYSE:GETY) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.11). Getty Images had a negative return on equity of 14.39% and a negative net margin of 12.19%.The business had revenue of $234.88 million during the quarter, compared to analyst estimates of $234.77 million. During the same quarter last year, the firm earned $0.01 EPS. Getty Images’s revenue for the quarter was up 2.5% compared to the same quarter last year. Getty Images has set its FY 2025 guidance at EPS. Analysts forecast that Getty Images Holdings, Inc. will post 0.08 EPS for the current year.

Insiders Place Their Bets

In other Getty Images news, CEO Craig Warren Peters sold 33,262 shares of Getty Images stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $1.77, for a total value of $58,873.74. Following the completion of the sale, the chief executive officer owned 1,279,686 shares in the company, valued at $2,265,044.22. The trade was a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders have sold 80,010 shares of company stock valued at $141,618. 11.20% of the stock is owned by insiders.

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.