Getty Images Holdings, Inc. (NYSE:GETY) Director Sells $56,388.54 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 14,027 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $4.02, for a total transaction of $56,388.54. Following the completion of the transaction, the director now directly owns 8,446,838 shares in the company, valued at $33,956,288.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, April 11th, Chinh Chu sold 38,488 shares of Getty Images stock. The stock was 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 value of $58,975.07.
• On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The stock was 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 stock was 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 shares were 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 Stock Up 0.5 %

GETY stock opened at $3.92 on Friday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 98.00 and a beta of 2.12. 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 moving average price of $4.35 and a 200-day moving average price of $4.65. Getty Images Holdings, Inc. has a 12 month low of $3.65 and a 12 month high of $7.35.

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 firm 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%. As a group, equities research analysts anticipate that Getty Images Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Getty Images

A number of institutional investors and hedge funds have recently bought and sold shares of GETY. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Getty Images during the third quarter worth about $26,000. Kessler Investment Group LLC bought a new stake in Getty Images during the 1st quarter worth approximately $89,000. Corton Capital Inc. increased its position in Getty Images by 49.3% in the 3rd quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock valued at $109,000 after acquiring an additional 5,571 shares during the period. Victory Capital Management Inc. raised its stake in shares of Getty Images by 20.4% during the fourth quarter. Victory Capital Management Inc. now owns 25,309 shares of the company’s stock valued at $133,000 after acquiring an additional 4,281 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Getty Images during the third quarter worth $140,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Wall Street Analyst Weigh In

GETY has been the topic of a number of recent analyst reports. Benchmark raised their price target on Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Wedbush reissued an “outperform” rating and issued a $7.70 target price on shares of Getty Images in a report on Friday, March 15th. Finally, 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 report on Friday, March 15th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Getty Images presently has a consensus rating of “Moderate Buy” and an average target price of $6.35.

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.