Getty Images Holdings, Inc. (NYSE:GETY) CTO Sells $87,251.85 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) CTO Nathaniel Gandert sold 19,785 shares of the company’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of $4.41, for a total transaction of $87,251.85. Following the sale, the chief technology officer now directly owns 482,809 shares of the company’s stock, valued at $2,129,187.69. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Getty Images Stock Up 7.0 %

GETY stock traded up $0.28 during trading on Wednesday, reaching $4.26. The stock had a trading volume of 1,333,841 shares, compared to its average volume of 400,066. Getty Images Holdings, Inc. has a 1-year low of $3.65 and a 1-year high of $8.18. 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 company has a market capitalization of $1.73 billion, a P/E ratio of 106.00 and a beta of 2.15. The firm has a fifty day moving average price of $4.56 and a 200 day moving average price of $4.99.

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

Analyst Ratings Changes

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

Institutional Investors Weigh In On Getty Images

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Getty Images by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 8,131,734 shares of the company’s stock valued at $42,692,000 after purchasing an additional 34,013 shares in the last quarter. EULAV Asset Management raised its stake in Getty Images by 37.5% during the third quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock worth $3,570,000 after acquiring an additional 150,000 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Getty Images by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 236,908 shares of the company’s stock worth $1,244,000 after acquiring an additional 19,311 shares during the period. Marshall Wace LLP raised its stake in Getty Images by 45.7% during the second quarter. Marshall Wace LLP now owns 150,324 shares of the company’s stock worth $734,000 after acquiring an additional 47,176 shares during the period. Finally, Wolverine Asset Management LLC raised its stake in Getty Images by 124.0% during the third quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock worth $882,000 after acquiring an additional 75,255 shares during the period. Institutional investors and hedge funds own 45.75% of the company’s stock.

Getty Images Company Profile

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.