Getty Images Holdings, Inc. (NYSE:GETY) Given Average Rating of "Hold" by Brokerages

Key Points

• Analyst sentiment is neutral: Getty Images has a consensus “Hold” rating from five analysts—one sell, three hold and one buy—with an average 12-month price target of $3.925.
• Shares remain under pressure: GETY opened at $0.31, near its 12-month low of $0.28, while the company reported a quarterly loss of $0.21 per share and revenue of $229.1 million, below analyst estimates.
• Insiders have been selling while institutions increased holdings: Insiders sold 133,355 shares over the last quarter, whereas institutional and hedge-fund ownership stands at 45.75%, with several major investors adding to their positions.

Shares of Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) have earned a consensus rating of "Hold" from the five analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $3.9250.

A number of analysts recently weighed in on the company. Wedbush restated an "outperform" rating and issued a $7.00 price target on shares of Getty Images in a research note on Tuesday, May 12th. Benchmark reissued a "hold" rating on shares of Getty Images in a report on Tuesday. Weiss Ratings restated a "sell (e+)" rating on shares of Getty Images in a research report on Friday, August 7th. Finally, Zacks Research raised shares of Getty Images from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th.

Getty Images Price Performance

Shares of GETY opened at $0.31 on Friday. Getty Images has a twelve month low of $0.28 and a twelve month high of $3.21. The stock's 50 day moving average is $0.63 and its two-hundred day moving average is $0.81. The firm has a market capitalization of $130.52 million, a PE ratio of -0.79 and a beta of 2.11. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 2.67.

Getty Images (NYSE:GETY - Get Free Report) last released its earnings results on Monday, August 10th. The company reported ($0.21) earnings per share (EPS) for the quarter. The business had revenue of $229.10 million for the quarter, compared to analyst estimates of $235.23 million. Getty Images had a negative return on equity of 26.82% and a negative net margin of 16.24%.

Insider Buying and Selling

In other news, insider Michael Teaster sold 38,100 shares of Getty Images stock in a transaction on Friday, June 5th. The stock was sold at an average price of $0.79, for a total transaction of $30,099.00. Following the completion of the transaction, the insider owned 488,862 shares of the company's stock, valued at $386,200.98. The trade was a 7.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Cho Mikael sold 33,143 shares of the company's stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $0.94, for a total transaction of $31,154.42. Following the completion of the sale, the senior vice president directly owned 162,904 shares in the company, valued at $153,129.76. This trade represents a 16.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 133,355 shares of company stock valued at $120,542. Insiders own 12.50% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GETY. Koch Inc. lifted its stake in Getty Images by 42.8% in the 4th quarter. Koch Inc. now owns 115,259,246 shares of the company's stock valued at $154,447,000 after buying an additional 34,525,639 shares in the last quarter. Readystate Asset Management LP purchased a new position in Getty Images during the fourth quarter worth $3,071,000. Millennium Management LLC raised its holdings in shares of Getty Images by 160.7% in the fourth quarter. Millennium Management LLC now owns 1,530,821 shares of the company's stock worth $2,051,000 after acquiring an additional 943,567 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Getty Images by 43.8% in the second quarter. JPMorgan Chase & Co. now owns 2,434,545 shares of the company's stock worth $4,041,000 after acquiring an additional 742,008 shares during the last quarter. Finally, Weiss Asset Management LP lifted its position in shares of Getty Images by 318.5% in the first quarter. Weiss Asset Management LP now owns 863,035 shares of the company's stock valued at $685,000 after acquiring an additional 656,790 shares in the last quarter. 45.75% of the stock is currently owned by institutional investors and hedge funds.

About Getty Images

Getty Images NYSE: GETY is a leading global provider of digital visual content, offering an extensive library of stock photography, editorial imagery, video footage and music. The company supplies creative and rights-managed assets to a broad range of industries, including advertising, media, corporate communications and publishing. Through its online platform and licensing services, Getty Images enables customers to search, license and download multimedia content for commercial and editorial use.

Founded in 1995 by Mark Getty and Jonathan Klein, Getty Images pioneered the aggregation of photographic archives into a centralized, digital marketplace.

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