Getty Images (NYSE:GETY) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen cut shares of Getty Images (NYSE:GETY - Free Report) from a buy rating to a sell rating in a research report released on Thursday morning.

A number of other equities research analysts have also recently commented on GETY. Benchmark reduced their price target 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. Citigroup reissued a "neutral" rating and set a $2.45 price objective on shares of Getty Images in a research report on Monday, March 24th. Finally, Wedbush restated an "outperform" rating and issued a $7.70 target price on shares of Getty Images in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $4.35.

Getty Images Trading Up 4.4%

Shares of Getty Images stock traded up $0.08 on Thursday, hitting $1.80. 238,432 shares of the company's stock traded hands, compared to its average volume of 2,110,646. The company has a fifty day moving average of $1.80 and a two-hundred day moving average of $2.29. Getty Images has a one year low of $1.25 and a one year high of $4.49. The company has a market capitalization of $742.08 million, a price-to-earnings ratio of 14.96 and a beta of 1.98. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79.

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

Insiders Place Their Bets

In other Getty Images news, SVP Cho Mikael sold 18,590 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total transaction of $39,410.80. Following the completion of the sale, the senior vice president now directly owns 123,862 shares of the company's stock, valued at approximately $262,587.44. The trade was a 13.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Craig Warren Peters sold 124,624 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 $264,202.88. Following the completion of the sale, the chief executive officer now directly owns 1,262,948 shares of the company's stock, valued at approximately $2,677,449.76. This trade represents a 8.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 226,668 shares of company stock worth $480,536. Insiders own 12.30% of the company's stock.

Institutional Investors Weigh In On Getty Images

Institutional investors and hedge funds have recently bought and sold shares of the stock. Koch Inc. purchased a new position in Getty Images during the 4th quarter worth $183,865,000. Vanguard Group Inc. lifted its position in shares of Getty Images by 2.4% during the first quarter. Vanguard Group Inc. now owns 10,471,652 shares of the company's stock valued at $18,116,000 after purchasing an additional 246,403 shares in the last quarter. Invenomic Capital Management LP bought a new position in shares of Getty Images during the first quarter valued at about $4,646,000. Geode Capital Management LLC boosted its holdings in Getty Images by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 1,675,635 shares of the company's stock worth $3,620,000 after purchasing an additional 11,680 shares during the last quarter. Finally, Toronto Dominion Bank bought a new stake in Getty Images in the 4th quarter worth about $3,553,000. 45.75% of the stock is owned by hedge funds and other institutional investors.

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.