Getty Images Holdings, Inc. (NYSE:GETY) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Getty Images Holdings, Inc. has received an average consensus rating of "Hold" from five research firms, with one analyst issuing a sell rating and another giving a strong buy rating.
• CEO Craig Warren Peters sold 33,262 shares of Getty Images stock for approximately $58,873, resulting in a 2.53% decrease in his ownership position.
• Institutional investors collectively own 45.75% of Getty Images, with significant purchases made by firms like Koch Inc. and Vanguard Group Inc. in the recent quarters.

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) has received a consensus rating of "Hold" from the five ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $4.35.

Several equities research analysts have recently issued reports on GETY shares. Benchmark dropped their price objective on shares of Getty Images from $4.50 to $3.50 and set a "buy" rating for the company in a research report on Tuesday, May 13th. Wall Street Zen downgraded shares of Getty Images from a "buy" rating to a "sell" rating in a research report on Thursday, May 22nd. Finally, Wedbush upgraded shares of Getty Images to a "strong-buy" rating in a research note on Tuesday, July 1st.

Insiders Place Their Bets

In other news, CEO Craig Warren Peters sold 33,262 shares of Getty Images 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 sale, the chief executive officer directly owned 1,279,686 shares in the company, valued at $2,265,044.22. The trade was a 2.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 80,010 shares of company stock worth $141,618. 11.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Getty Images

Several hedge funds have recently added to or reduced their stakes in GETY. BNP Paribas Financial Markets bought a new stake in Getty Images in the fourth quarter valued at approximately $27,000. Aristeia Capital L.L.C. purchased a new stake in Getty Images in the fourth quarter worth about $28,000. Ameriprise Financial Inc. bought a new position in Getty Images during the 4th quarter valued at approximately $28,000. HHM Wealth Advisors LLC purchased a new position in shares of Getty Images in the 1st quarter worth about $29,000. Finally, Oxford Asset Management LLP bought a new position in shares of Getty Images in the fourth quarter worth approximately $33,000. Institutional investors own 45.75% of the company's stock.

Getty Images Trading Down 2.5%

Getty Images stock traded down $0.05 during trading on Tuesday, reaching $1.74. 181,751 shares of the company were exchanged, compared to its average volume of 1,709,770. Getty Images has a 52-week low of $1.25 and a 52-week high of $4.49. The company has a market capitalization of $719.70 million, a P/E ratio of -9.13 and a beta of 1.87. The stock's 50 day simple moving average is $1.77 and its two-hundred day simple moving average is $1.96. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.72 and a quick ratio of 0.72.

Getty Images (NYSE:GETY - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported ($0.14) earnings per share 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 analysts' expectations of $236.01 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The firm's revenue for the quarter was up .8% on a year-over-year basis. On average, equities research analysts expect that Getty Images will post 0.08 earnings per share for the current fiscal year.

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.