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

Shares of Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) have earned an average rating of "Hold" from the five ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $4.35.

Several research analysts recently commented on GETY shares. Wall Street Zen downgraded Getty Images from a "buy" rating to a "sell" rating in a research note on Thursday. Wedbush reiterated an "outperform" rating and issued a $7.70 target price on shares of Getty Images in a research report on Tuesday, May 6th. Citigroup restated a "neutral" rating and set a $2.45 price target on shares of Getty Images in a research report on Monday, March 24th. Finally, Benchmark cut their price objective on shares of Getty Images from $4.50 to $3.50 and set a "buy" rating for the company in a report on Tuesday, May 13th.

Insider Activity at Getty Images

In related news, CTO Nathaniel Gandert sold 15,859 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total value of $33,621.08. Following the completion of the transaction, the chief technology officer now directly owns 534,377 shares in the company, valued at approximately $1,132,879.24. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jennifer Leyden sold 29,607 shares of Getty Images stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total value of $62,766.84. Following the completion of the sale, the chief financial officer now owns 278,072 shares in the company, valued at $589,512.64. This represents a 9.62% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 226,668 shares of company stock valued at $480,536. 12.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Getty Images

Institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in shares of Getty Images during the fourth quarter worth about $27,000. Aristeia Capital L.L.C. purchased a new stake in Getty Images during the 4th quarter worth approximately $28,000. Ameriprise Financial Inc. acquired a new stake in Getty Images during the 4th quarter worth approximately $28,000. HHM Wealth Advisors LLC purchased a new position in Getty Images in the 1st quarter valued at approximately $29,000. Finally, Virtu Financial LLC acquired a new position in shares of Getty Images in the fourth quarter worth $33,000. 45.75% of the stock is owned by institutional investors and hedge funds.

Getty Images Price Performance

Shares of GETY stock traded up $0.01 during trading hours on Thursday, hitting $1.78. 42,998 shares of the company's stock were exchanged, compared to its average volume of 1,170,856. Getty Images has a fifty-two week low of $1.25 and a fifty-two week high of $4.49. The firm has a market cap of $733.82 million, a P/E ratio of 14.79 and a beta of 1.98. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. The firm has a 50 day moving average of $1.82 and a two-hundred day moving average of $2.37.

Getty Images (NYSE:GETY - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.17). The company had revenue of $224.08 million for the quarter, compared to analyst estimates of $236.01 million. Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The business's revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.03 earnings per share. Sell-side analysts forecast that Getty Images will post 0.08 EPS for the current year.

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.

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