Vanguard Group Inc. Has $18.12 Million Holdings in Getty Images Holdings, Inc. $GETY

Key Points

• Vanguard Group Inc. increased its stake in Getty Images by 2.4% during Q1, now owning approximately 10.47 million shares valued at $18.12 million.
• Several institutional investors have recently adjusted their positions in Getty Images, with combined institutional ownership at 45.75%.
• Despite reporting a revenue increase of 2.5% year-over-year, Getty Images missed earnings estimates, posting an EPS of ($0.08) compared to the expected $0.03.

Vanguard Group Inc. grew its position in Getty Images Holdings, Inc. (NYSE:GETY - Free Report) by 2.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,471,652 shares of the company's stock after purchasing an additional 246,403 shares during the quarter. Vanguard Group Inc. owned about 2.54% of Getty Images worth $18,116,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. HHM Wealth Advisors LLC acquired a new position in shares of Getty Images in the first quarter valued at approximately $29,000. XTX Topco Ltd acquired a new stake in Getty Images during the first quarter worth approximately $78,000. Victory Capital Management Inc. grew its position in Getty Images by 139.1% during the first quarter. Victory Capital Management Inc. now owns 189,786 shares of the company's stock worth $328,000 after buying an additional 110,402 shares in the last quarter. CWM LLC grew its position in Getty Images by 809.5% during the first quarter. CWM LLC now owns 19,708 shares of the company's stock worth $34,000 after buying an additional 17,541 shares in the last quarter. Finally, Koch Inc. acquired a new stake in Getty Images during the fourth quarter worth approximately $174,385,000. Institutional investors and hedge funds own 45.75% of the company's stock.

Insider Transactions at Getty Images

In related news, CEO Craig Warren Peters sold 33,262 shares of the firm's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $1.77, for a total transaction of $58,873.74. Following the completion of the transaction, the chief executive officer directly owned 1,279,686 shares of the company's stock, valued at $2,265,044.22. This trade represents a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 80,010 shares of company stock worth $141,618. 11.20% of the stock is owned by company insiders.

Getty Images Stock Up 0.3%

Shares of GETY opened at $1.84 on Friday. Getty Images Holdings, Inc. has a 52 week low of $1.25 and a 52 week high of $4.49. The stock has a market capitalization of $761.18 million, a price-to-earnings ratio of -6.55 and a beta of 1.87. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a fifty day moving average of $1.79 and a 200-day moving average of $1.87.

Getty Images (NYSE:GETY - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.11). The firm had revenue of $234.88 million during the quarter, compared to the consensus estimate of $234.77 million. Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. The firm's revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.01 earnings per share. Getty Images has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on GETY. Citigroup reissued a "neutral" rating and set a $1.85 price target (down previously from $2.05) on shares of Getty Images in a research report on Tuesday, August 12th. Zacks Research raised Getty Images to a "hold" rating in a research report on Friday, August 8th. Benchmark cut Getty Images from a "buy" rating to a "hold" rating and set a $3.50 target price for the company. in a research note on Tuesday, August 12th. Wall Street Zen upgraded Getty Images from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, Wedbush cut their target price on Getty Images from $7.70 to $7.00 and set an "outperform" rating for the company in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Getty Images has a consensus rating of "Hold" and a consensus price target of $4.03.

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.

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