Insider Selling: Getty Images Holdings, Inc. (NYSE:GETY) CFO Sells 6,271 Shares of Stock

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) CFO Jennifer Leyden sold 6,271 shares of the company's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $1.77, for a total value of $11,099.67. Following the completion of the transaction, the chief financial officer now owns 296,801 shares of the company's stock, valued at $525,337.77. The trade was a 2.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Getty Images Price Performance

Shares of NYSE GETY traded down $0.04 during midday trading on Friday, reaching $1.72. 4,330,855 shares of the stock traded hands, compared to its average volume of 1,206,348. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $709.02 million, a PE ratio of -9.03 and a beta of 1.91. Getty Images Holdings, Inc. has a one year low of $1.25 and a one year high of $4.49. The company's 50 day moving average is $1.82 and its 200 day moving average is $2.11.

Getty Images (NYSE:GETY - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.17). The firm had revenue of $224.08 million for the quarter, compared to the consensus estimate of $236.01 million. Getty Images had a negative net margin of 8.13% and a negative return on equity of 8.87%. The firm's revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 earnings per share. On average, equities research analysts anticipate that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current year.

Institutional Trading of Getty Images

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets purchased a new stake in Getty Images during the 4th quarter valued at $27,000. Aristeia Capital L.L.C. purchased a new stake in Getty Images during the 4th quarter valued at $28,000. Ameriprise Financial Inc. purchased a new stake in Getty Images during the 4th quarter valued at $28,000. Virtu Financial LLC purchased a new stake in Getty Images during the 4th quarter valued at $33,000. Finally, Oxford Asset Management LLP purchased a new stake in Getty Images during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 45.75% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on GETY shares. Wedbush restated an "outperform" rating and issued a $7.70 price target on shares of Getty Images in a research note on Tuesday, May 6th. Citigroup restated a "neutral" rating and issued a $2.45 price target on shares of Getty Images in a research note on Monday, March 24th. Benchmark dropped their price target on Getty Images from $4.50 to $3.50 and set a "buy" rating for the company in a research note on Tuesday, May 13th. Finally, Wall Street Zen downgraded Getty Images from a "buy" rating to a "sell" rating in a research report on Thursday, May 22nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $4.35.

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.

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