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

Key Points

• Analysts have assigned Getty Images an average recommendation of "Reduce" (2 sell, 2 hold, 1 buy) with an average 12‑month price target of $3.78, and recent downgrades include Citigroup cutting its target to $0.85 and Zacks moving to a "strong sell".
• Getty reported a quarterly EPS of ($0.22), missing estimates by $0.25, while posting a negative net margin (−21%) and ROE (−25.05%), and showing weak liquidity (current and quick ratios 0.77) alongside a debt‑to‑equity of 2.12.
• Insiders have been selling material positions (CEO Craig Peters sold 167,403 shares and another insider sold 42,022 on March 25), with 391,563 shares sold worth $305,419 over the last 90 days and insiders now owning about 12.5% of the stock.

Shares of Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) have been assigned an average recommendation of "Reduce" from the five brokerages that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $3.7833.

Several equities research analysts recently weighed in on the company. Citigroup dropped their price target on Getty Images from $1.85 to $0.85 and set a "neutral" rating on the stock in a research report on Monday, February 23rd. Weiss Ratings restated a "sell (d)" rating on shares of Getty Images in a research report on Thursday, January 22nd. Finally, Zacks Research lowered Getty Images from a "hold" rating to a "strong sell" rating in a research report on Friday, March 20th.

Getty Images Trading Down 0.8%

NYSE:GETY opened at $0.83 on Friday. The company has a 50-day moving average price of $0.86 and a 200-day moving average price of $1.36. Getty Images has a 12 month low of $0.67 and a 12 month high of $3.21. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.12. The stock has a market cap of $347.17 million, a price-to-earnings ratio of -1.66 and a beta of 2.08.

Getty Images (NYSE:GETY - Get Free Report) last posted its earnings results on Monday, March 16th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.25). Getty Images had a negative return on equity of 25.05% and a negative net margin of 21.00%.The company had revenue of $282.29 million during the quarter, compared to analysts' expectations of $246.17 million. Equities analysts predict that Getty Images will post 0.08 EPS for the current year.

Insider Activity at Getty Images

In related news, insider Grant Farhall sold 42,022 shares of Getty Images stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $0.78, for a total transaction of $32,777.16. Following the sale, the insider directly owned 288,190 shares in the company, valued at $224,788.20. The trade was a 12.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Craig Warren Peters sold 167,403 shares of Getty Images stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $0.78, for a total value of $130,574.34. Following the sale, the chief executive officer owned 1,289,548 shares in the company, valued at $1,005,847.44. This represents a 11.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 391,563 shares of company stock worth $305,419 over the last 90 days. 12.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Getty Images

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC raised its stake in Getty Images by 1,201.6% during the first quarter. AQR Capital Management LLC now owns 275,296 shares of the company's stock valued at $476,000 after buying an additional 254,146 shares during the last quarter. Geode Capital Management LLC raised its stake in Getty Images by 14.0% during the second quarter. Geode Capital Management LLC now owns 1,866,490 shares of the company's stock valued at $3,099,000 after buying an additional 228,532 shares during the last quarter. Creative Planning purchased a new position in Getty Images during the second quarter valued at $75,000. JPMorgan Chase & Co. raised its stake in Getty Images by 43.8% during the second quarter. JPMorgan Chase & Co. now owns 2,434,545 shares of the company's stock valued at $4,041,000 after buying an additional 742,008 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Getty Images by 15.2% during the second quarter. Rhumbline Advisers now owns 150,736 shares of the company's stock valued at $250,000 after buying an additional 19,859 shares during the last quarter. 45.75% of the stock is currently owned by institutional investors.

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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