Getty Images Holdings, Inc. (NYSE:GETY) Director Sells $20,856.01 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 5,201 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $4.01, for a total value of $20,856.01. Following the completion of the transaction, the director now owns 8,433,937 shares of the company’s stock, valued at $33,820,087.37. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, April 29th, Chinh Chu sold 3,937 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total transaction of $15,748.00.
• On Tuesday, April 23rd, Chinh Chu sold 14,027 shares of Getty Images stock. The shares were sold at an average price of $4.02, for a total transaction of $56,388.54.
• 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 transaction 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 shares were 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 stock was sold at an average price of $4.19, for a total transaction 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 transaction of $487,439.46.
• On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The stock was sold at an average price of $4.39, for a total transaction 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 transaction of $1,180,674.00.

Getty Images Trading Down 6.5 %

Shares of NYSE GETY traded down $0.25 during midday trading on Tuesday, hitting $3.69. The company’s stock had a trading volume of 379,265 shares, compared to its average volume of 385,479. The business’s 50 day moving average is $4.35 and its two-hundred day moving average is $4.63. Getty Images Holdings, Inc. has a 12-month low of $3.65 and a 12-month high of $7.35. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. The firm has a market cap of $1.51 billion, a P/E ratio of 98.63 and a beta of 2.12.

Getty Images (NYSE:GETY) last released its earnings results on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $225.94 million for the quarter, compared to analyst estimates of $227.00 million. Getty Images had a return on equity of 9.30% and a net margin of 2.11%. As a group, equities research analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current year.

Institutional Trading of Getty Images

Several large investors have recently bought and sold shares of GETY. Bank of New York Mellon Corp purchased a new position in Getty Images in the 3rd quarter worth $140,000. Victory Capital Management Inc. acquired a new position in shares of Getty Images in the third quarter valued at about $136,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Getty Images in the third quarter worth about $26,000. Wolverine Asset Management LLC lifted its holdings in shares of Getty Images by 124.0% during the third quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock worth $882,000 after purchasing an additional 75,255 shares during the period. Finally, Corton Capital Inc. boosted its position in Getty Images by 49.3% in the third quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock valued at $109,000 after buying an additional 5,571 shares during the last quarter. Hedge funds and other institutional investors own 45.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GETY shares. Citigroup upped 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 increased their price target on Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a report on Friday, March 15th. Finally, Wedbush reaffirmed an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a research note on Friday, March 15th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.