Getty Images Holdings, Inc. (NYSE:GETY) CFO Sells $161,159.04 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 36,544 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $4.41, for a total transaction of $161,159.04. Following the completion of the sale, the chief financial officer now directly owns 264,678 shares of the company’s stock, valued at approximately $1,167,229.98. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Jennifer Leyden also recently made the following trade(s):

• On Wednesday, March 20th, Jennifer Leyden sold 37,448 shares of Getty Images stock. The stock was sold at an average price of $4.96, for a total transaction of $185,742.08.

Getty Images Stock Up 7.0 %

Shares of NYSE GETY traded up $0.28 during mid-day trading on Wednesday, reaching $4.26. The company had a trading volume of 1,333,841 shares, compared to its average volume of 400,066. 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 firm has a 50 day simple moving average of $4.56 and a two-hundred day simple moving average of $4.99. The stock has a market cap of $1.73 billion, a P/E ratio of 106.00 and a beta of 2.15. Getty Images Holdings, Inc. has a 52-week low of $3.65 and a 52-week high of $8.18.

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

Institutional Investors Weigh In On Getty Images

Institutional investors have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ purchased a new stake in Getty Images in the third quarter valued at approximately $26,000. Tower Research Capital LLC TRC purchased a new stake in Getty Images during the third quarter worth approximately $28,000. UBS Group AG purchased a new stake in Getty Images during the first quarter worth approximately $28,000. Lazard Asset Management LLC purchased a new stake in Getty Images during the second quarter worth approximately $41,000. Finally, State Street Corp purchased a new stake in Getty Images during the third quarter worth approximately $73,000. 45.75% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

About Getty Images

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.