Toronto Dominion Bank Takes $3.55 Million Position in Getty Images Holdings, Inc. (NYSE:GETY)

Toronto Dominion Bank acquired a new position in Getty Images Holdings, Inc. (NYSE:GETY - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,645,103 shares of the company's stock, valued at approximately $3,553,000. Toronto Dominion Bank owned approximately 0.40% of Getty Images at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GETY. BNP Paribas Financial Markets bought a new stake in shares of Getty Images in the fourth quarter worth $27,000. Aristeia Capital L.L.C. acquired a new position in Getty Images in the fourth quarter worth about $28,000. Ameriprise Financial Inc. acquired a new stake in Getty Images during the fourth quarter valued at approximately $28,000. Virtu Financial LLC bought a new position in Getty Images during the 4th quarter worth approximately $33,000. Finally, Oxford Asset Management LLP bought a new stake in shares of Getty Images in the 4th quarter valued at approximately $33,000. 45.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Getty Images news, CTO Nathaniel Gandert sold 15,859 shares of Getty Images stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction 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. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Cho Mikael sold 18,590 shares of the business's stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $39,410.80. Following the sale, the senior vice president now directly owns 123,862 shares in the company, valued at approximately $262,587.44. This trade represents a 13.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 226,668 shares of company stock worth $480,536 in the last three months. 12.30% of the stock is currently owned by insiders.

Getty Images Price Performance

Shares of GETY traded down $0.02 during mid-day trading on Wednesday, hitting $1.76. The company's stock had a trading volume of 53,344 shares, compared to its average volume of 1,169,573. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a 50-day moving average price of $1.79 and a 200 day moving average price of $2.29. Getty Images Holdings, Inc. has a fifty-two week low of $1.25 and a fifty-two week high of $4.49. The stock has a market capitalization of $725.55 million, a price-to-earnings ratio of 14.63 and a beta of 1.98.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Wedbush reissued an "outperform" rating and issued a $7.70 target price on shares of Getty Images in a report on Tuesday, May 6th. Benchmark dropped their price target 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. Citigroup restated a "neutral" rating and set a $2.45 price objective on shares of Getty Images in a research report on Monday, March 24th. Finally, Wall Street Zen cut Getty Images from a "buy" rating to a "sell" rating in a research note on Thursday, May 22nd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $4.35.

About Getty Images

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.