Insider Selling: Getty Images Holdings, Inc. (NYSE:GETY) Insider Sells 38,996 Shares of Stock

Getty Images Holdings, Inc. (NYSE:GETY) insider Grant Farhall sold 38,996 shares of the company’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $4.41, for a total transaction of $171,972.36. Following the completion of the transaction, the insider now owns 242,926 shares of the company’s stock, valued at approximately $1,071,303.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Getty Images Stock Up 7.0 %

Shares of GETY opened at $4.26 on Thursday. The firm has a market cap of $1.73 billion, a PE ratio of 106.50 and a beta of 2.15. The company’s fifty day moving average is $4.56 and its two-hundred day moving average is $4.99. Getty Images Holdings, Inc. has a fifty-two week low of $3.65 and a fifty-two week high of $8.18. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.05.

Getty Images (NYSE:GETY) last released its quarterly earnings results on Thursday, March 14th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $225.94 million for the quarter, compared to the consensus estimate of $227.00 million. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. Analysts forecast that Getty Images Holdings, Inc. will post 0.06 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Benchmark increased their target price on shares of Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Friday, March 15th. Wedbush reaffirmed an “outperform” rating and issued a $7.70 target price on shares of Getty Images in a report on Friday, March 15th. Finally, Citigroup increased their price target on shares of Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a research 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’s stock. According to data from MarketBeat, Getty Images currently has a consensus rating of “Moderate Buy” and an average price target of $6.35.

Institutional Investors Weigh In On Getty Images

Several hedge funds and other institutional investors have recently modified their holdings of GETY. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Getty Images in the 3rd quarter valued at about $26,000. UBS Group AG acquired a new position in Getty Images during the 1st quarter valued at about $28,000. Tower Research Capital LLC TRC acquired a new position in Getty Images during the 3rd quarter valued at about $28,000. Lazard Asset Management LLC acquired a new position in Getty Images during the 2nd quarter valued at about $41,000. Finally, Delphia USA Inc. acquired a new position in Getty Images during the 1st quarter valued at about $64,000. Institutional investors own 45.75% of the company’s stock.

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.