Gene Foca Sells 6,271 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) CMO Gene Foca sold 6,271 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $1.77, for a total value of $11,099.67. Following the completion of the transaction, the chief marketing officer directly owned 487,672 shares in the company, valued at $863,179.44. The trade was a 1.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Getty Images Stock Down 0.3%

NYSE GETY traded down $0.01 during trading hours on Monday, reaching $1.66. 801,828 shares of the company's stock were exchanged, compared to its average volume of 1,154,726. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $684.21 million, a price-to-earnings ratio of -8.71 and a beta of 1.91. The company's 50-day moving average is $1.81 and its two-hundred day moving average is $2.08. Getty Images Holdings, Inc. has a one year low of $1.25 and a one year high of $4.49.

Getty Images (NYSE:GETY - Get Free Report) last released 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 negative net margin of 8.13% and a negative return on equity of 8.87%. The firm had revenue of $224.08 million during the quarter, compared to analyst estimates of $236.01 million. During the same period in the prior year, the business earned $0.03 EPS. The business's revenue for the quarter was up .8% compared to the same quarter last year. On average, analysts forecast that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on GETY shares. Citigroup reissued a "neutral" rating and set a $2.45 price objective on shares of Getty Images in a research note on Monday, March 24th. Wall Street Zen lowered shares of Getty Images from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd. Benchmark reduced their price target on shares of 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, Wedbush restated an "outperform" rating and issued a $7.70 price objective on shares of Getty Images in a research report on Tuesday, May 6th. Two 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 company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $4.35.

Institutional Trading of Getty Images

Several institutional investors and hedge funds have recently added to or reduced their stakes in GETY. Invenomic Capital Management LP acquired a new stake in shares of Getty Images during the 1st quarter worth about $4,646,000. AQR Capital Management LLC lifted its position in shares of Getty Images by 1,201.6% during the 1st quarter. AQR Capital Management LLC now owns 275,296 shares of the company's stock worth $476,000 after buying an additional 254,146 shares during the last quarter. TIG Advisors LLC bought a new stake in shares of Getty Images during the first quarter worth $654,000. EntryPoint Capital LLC bought a new stake in shares of Getty Images during the first quarter worth about $140,000. Finally, Quantbot Technologies LP bought a new position in shares of Getty Images during the first quarter valued at $107,000. 45.75% of the stock is owned by institutional investors.

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.