Koch Inc. Invests $174.39 Million in Getty Images Holdings, Inc. (NYSE:GETY)

Koch Inc. purchased a new stake in Getty Images Holdings, Inc. (NYSE:GETY - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 80,733,607 shares of the company's stock, valued at approximately $174,385,000. Getty Images accounts for 27.8% of Koch Inc.'s investment portfolio, making the stock its 2nd biggest position. Koch Inc. owned 19.64% of Getty Images at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of Getty Images in the 4th quarter valued at about $27,000. Aristeia Capital L.L.C. acquired a new stake in shares of Getty Images in the 4th quarter valued at about $28,000. Ameriprise Financial Inc. acquired a new stake in shares of Getty Images in the 4th quarter valued at about $28,000. Oxford Asset Management LLP acquired a new stake in shares of Getty Images in the 4th quarter valued at about $33,000. Finally, Virtu Financial LLC acquired a new stake in shares of Getty Images in the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 45.75% of the company's stock.

Insiders Place Their Bets

In other Getty Images news, SVP Cho Mikael sold 18,590 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total transaction of $39,410.80. Following the transaction, the senior vice president now owns 123,862 shares of the company's stock, valued at $262,587.44. The trade was a 13.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Nathaniel Gandert sold 15,859 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total value of $33,621.08. Following the transaction, the chief technology officer now directly owns 534,377 shares in the company, valued at approximately $1,132,879.24. This trade represents a 2.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 226,668 shares of company stock valued at $480,536 over the last 90 days. 12.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GETY shares. Citigroup reaffirmed a "neutral" rating and issued a $2.45 target price on shares of Getty Images in a research report on Monday, March 24th. Wedbush reaffirmed an "outperform" rating and issued a $7.70 target price on shares of Getty Images in a research report on Tuesday, May 6th. Benchmark lowered their target price on Getty Images from $4.50 to $3.50 and set a "buy" rating on the stock in a research report on Tuesday, May 13th. Finally, Wall Street Zen downgraded Getty Images from a "buy" rating to a "sell" rating in a research report on Thursday, May 22nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $4.35.

Getty Images Stock Down 1.7%

Shares of NYSE:GETY traded down $0.03 during midday trading on Friday, reaching $1.78. The company had a trading volume of 373,857 shares, compared to its average volume of 1,171,314. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. The business's 50 day moving average price is $1.77 and its 200 day moving average price is $2.26. The stock has a market cap of $735.88 million, a PE ratio of 14.83 and a beta of 1.98. Getty Images Holdings, Inc. has a 1-year low of $1.25 and a 1-year high of $4.49.

Getty Images (NYSE:GETY - Get Free Report) last released its earnings results on Monday, May 12th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.17). The company had revenue of $224.08 million during the quarter, compared to analyst estimates of $236.01 million. Getty Images had a net margin of 5.91% and a return on equity of 6.42%. Getty Images's revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 EPS. Research analysts forecast that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.

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.