Getty Images Holdings, Inc. (NYSE:GETY) SVP Sells $10,393.44 in Stock

Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) SVP Kenneth Arrigo Mainardis sold 5,872 shares of the 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 $10,393.44. Following the transaction, the senior vice president owned 217,715 shares in the company, valued at $385,355.55. This represents a 2.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Getty Images Stock Down 0.3%

GETY traded down $0.01 during trading on Monday, hitting $1.66. The company had a trading volume of 801,828 shares, compared to its average volume of 1,154,726. Getty Images Holdings, Inc. has a 1-year low of $1.25 and a 1-year high of $4.49. 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 company has a market cap of $684.21 million, a PE ratio of -8.71 and a beta of 1.91. The business has a 50-day moving average of $1.81 and a 200-day moving average of $2.08.

Getty Images (NYSE:GETY - Get Free Report) last issued its quarterly earnings data 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). Getty Images had a negative return on equity of 8.87% and a negative net margin of 8.13%. The business had revenue of $224.08 million for the quarter, compared to analyst estimates of $236.01 million. During the same quarter in the prior year, the firm posted $0.03 earnings per share. The business's quarterly revenue was up .8% on a year-over-year basis. As a group, analysts forecast that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current year.

Institutional Trading of Getty Images

Several institutional investors and hedge funds have recently bought and sold shares of GETY. Invenomic Capital Management LP purchased a new position in Getty Images in the first quarter valued at about $4,646,000. AQR Capital Management LLC grew its position 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 worth $476,000 after buying an additional 254,146 shares in the last quarter. TIG Advisors LLC bought a new stake in Getty Images in the 1st quarter valued at $654,000. EntryPoint Capital LLC bought a new position in shares of Getty Images during the first quarter valued at $140,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Getty Images during the first quarter worth approximately $107,000. Institutional investors and hedge funds own 45.75% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Citigroup reiterated a "neutral" rating and issued a $2.45 price objective on shares of Getty Images in a research report on Monday, March 24th. Benchmark decreased their price target on shares of Getty Images from $4.50 to $3.50 and set a "buy" rating for the company in a research note on Tuesday, May 13th. Wall Street Zen lowered Getty Images from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Wedbush reaffirmed an "outperform" rating and set a $7.70 price target on shares of Getty Images in a research note on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $4.35.

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.