Getty Images Holdings, Inc. (NYSE:GETY) SVP Kenneth Arrigo Mainardis Sells 28,946 Shares of Stock

Getty Images Holdings, Inc. (NYSE:GETY) SVP Kenneth Arrigo Mainardis sold 28,946 shares of Getty Images stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $4.41, for a total transaction of $127,651.86. Following the transaction, the senior vice president now directly owns 220,494 shares of the company’s stock, valued at $972,378.54. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Kenneth Arrigo Mainardis also recently made the following trade(s):

• On Monday, March 18th, Kenneth Arrigo Mainardis sold 33,177 shares of Getty Images stock. The stock was sold at an average price of $4.64, for a total transaction of $153,941.28.

Getty Images Trading Up 7.0 %

Shares of GETY stock opened at $4.26 on Thursday. The company’s 50-day moving average price is $4.56 and its 200-day moving average price is $4.99. 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 stock has a market cap of $1.73 billion, a price-to-earnings ratio of 106.50 and a beta of 2.15. Getty Images Holdings, Inc. has a twelve month low of $3.65 and a twelve month high of $8.18.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Getty Images by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 8,131,734 shares of the company’s stock worth $42,692,000 after buying an additional 34,013 shares during the period. Northern Trust Corp boosted its stake in shares of Getty Images by 9.6% in the fourth quarter. Northern Trust Corp now owns 81,696 shares of the company’s stock valued at $429,000 after purchasing an additional 7,152 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Getty Images by 22.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 23,954 shares of the company’s stock valued at $126,000 after purchasing an additional 4,321 shares during the period. Dimensional Fund Advisors LP purchased a new position in shares of Getty Images in the fourth quarter valued at approximately $80,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Getty Images by 8.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 236,908 shares of the company’s stock valued at $1,244,000 after purchasing an additional 19,311 shares during the period. Hedge funds and other institutional investors own 45.75% of the company’s stock.

Analysts Set New Price Targets

GETY has been the subject of a number of research reports. Wedbush reaffirmed an “outperform” rating and set a $7.70 target price on shares of Getty Images in a report on Friday, March 15th. Citigroup upped their target price on shares of Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Finally, Benchmark upped their target price on shares of Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Getty Images has a consensus rating of “Moderate Buy” and an average target price of $6.35.

Getty Images Company Profile

Getty Images Holdings, Inc operates as a creator and distributor of award-winning still imagery, video, music, and multimedia products. The company provides other forms of premium digital content, including music. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, and books.