Chinh Chu Sells 14,027 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 14,027 shares of Getty Images stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $4.02, for a total value of $56,388.54. Following the transaction, the director now owns 8,446,838 shares in the company, valued at $33,956,288.76. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Chinh Chu also recently made the following trade(s):

• On Thursday, April 11th, Chinh Chu sold 38,488 shares of Getty Images stock. The shares were sold at an average price of $4.04, for a total value of $155,491.52.
• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total value of $40,484.00.
• On Friday, April 5th, Chinh Chu sold 14,707 shares of Getty Images stock. The stock was sold at an average price of $4.01, for a total value of $58,975.07.
• On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The stock was sold at an average price of $4.11, for a total value of $364,035.03.
• On Wednesday, March 27th, Chinh Chu sold 213,811 shares of Getty Images stock. The shares were sold at an average price of $4.19, for a total value of $895,868.09.
• On Monday, March 25th, Chinh Chu sold 117,739 shares of Getty Images stock. The shares were sold at an average price of $4.14, for a total value of $487,439.46.
• On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The shares were sold at an average price of $4.39, for a total value of $421,106.36.
• On Wednesday, March 20th, Chinh Chu sold 238,520 shares of Getty Images stock. The shares were sold at an average price of $4.95, for a total value of $1,180,674.00.

Getty Images Stock Performance

Shares of NYSE GETY traded down $0.11 during trading hours on Thursday, hitting $3.90. 312,000 shares of the company’s stock were exchanged, compared to its average volume of 388,818. Getty Images Holdings, Inc. has a 1-year low of $3.65 and a 1-year high of $7.35. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 100.25 and a beta of 2.12. The company’s 50-day moving average price is $4.38 and its 200-day moving average price is $4.69.

Getty Images (NYSE:GETY) last posted its quarterly earnings data on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. Getty Images had a return on equity of 9.30% and a net margin of 2.11%. The business had revenue of $225.94 million during the quarter, compared to analysts’ expectations of $227.00 million. On average, sell-side analysts expect that Getty Images Holdings, Inc. will post 0.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Getty Images

Several large investors have recently made changes to their positions in GETY. Vanguard Group Inc. acquired a new position in Getty Images in the 3rd quarter valued at approximately $52,554,000. EULAV Asset Management raised its holdings in Getty Images by 37.5% in the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock valued at $3,570,000 after acquiring an additional 150,000 shares in the last quarter. Wolverine Asset Management LLC raised its holdings in shares of Getty Images by 124.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock worth $882,000 after buying an additional 75,255 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Getty Images in the 3rd quarter worth approximately $140,000. Finally, Kessler Investment Group LLC acquired a new position in shares of Getty Images in the 1st quarter worth approximately $89,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Citigroup lifted their price objective on Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Benchmark boosted their price target on Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Finally, Wedbush reiterated an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research note on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $6.35.

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.