Getty Images' (GETY) Sell (D) Rating Reiterated at Weiss Ratings

Getty Images (NYSE:GETY - Get Free Report)'s stock had its "sell (d)" rating reiterated by analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Several other equities analysts have also weighed in on the company. Wall Street Zen raised Getty Images from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Citigroup reaffirmed 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. Wedbush dropped their price target on Getty Images from $7.70 to $7.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 12th. Benchmark lowered Getty Images from a "buy" rating to a "hold" rating and set a $3.50 price target on the stock. in a research report on Tuesday, August 12th. Finally, Zacks Research lowered Getty Images from a "hold" rating to a "strong sell" rating in a research report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $4.03.

Getty Images Trading Up 10.5%

NYSE:GETY opened at $2.31 on Wednesday. Getty Images has a 1-year low of $1.25 and a 1-year high of $4.49. The business's 50-day moving average price is $1.92 and its two-hundred day moving average price is $1.82. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $958.21 million, a price-to-earnings ratio of -8.25 and a beta of 1.88.

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

Insider Buying and Selling

In other Getty Images news, SVP Cho Mikael sold 31,078 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $1.93, for a total value of $59,980.54. Following the completion of the transaction, the senior vice president directly owned 175,870 shares in the company, valued at $339,429.10. This trade represents a 15.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Craig Warren Peters sold 32,950 shares of the firm's stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $2.03, for a total value of $66,888.50. Following the completion of the transaction, the chief executive officer owned 1,246,736 shares of the company's stock, valued at approximately $2,530,874.08. This represents a 2.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 169,336 shares of company stock valued at $337,397. Corporate insiders own 11.20% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. HHM Wealth Advisors LLC bought a new position in shares of Getty Images during the 1st quarter worth approximately $29,000. Catalyst Funds Management Pty Ltd bought a new position in shares of Getty Images during the 2nd quarter worth approximately $30,000. Cerity Partners LLC bought a new position in shares of Getty Images during the 2nd quarter worth approximately $32,000. CWM LLC boosted its stake in shares of Getty Images by 809.5% during the 1st quarter. CWM LLC now owns 19,708 shares of the company's stock worth $34,000 after acquiring an additional 17,541 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Getty Images by 282.3% during the 1st quarter. Russell Investments Group Ltd. now owns 27,689 shares of the company's stock worth $48,000 after acquiring an additional 20,447 shares during the period. 45.75% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.