Getty Images (NYSE:GETY) CFO Jennifer Leyden Sells 6,212 Shares

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 6,212 shares of Getty Images stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $2.03, for a total value of $12,610.36. Following the sale, the chief financial officer directly owned 290,589 shares in the company, valued at $589,895.67. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Getty Images Stock Up 2.6%

Getty Images stock opened at $2.01 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 2.03. The stock has a market cap of $833.77 million, a P/E ratio of -7.18 and a beta of 1.87. The company’s 50-day moving average price is $1.88 and its two-hundred day moving average price is $1.82. Getty Images Holdings, Inc. has a twelve month low of $1.25 and a twelve month high of $4.49.

Getty Images (NYSE:GETY) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.11). The company had revenue of $234.88 million during the quarter, compared to the consensus estimate of $234.77 million. Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $0.01 earnings per share. Getty Images has set its FY 2025 guidance at EPS. As a group, analysts expect that Getty Images Holdings, Inc. will post 0.08 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its position in shares of Getty Images by 16.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,458 shares of the company’s stock worth $82,000 after purchasing an additional 6,856 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Getty Images by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 28,255 shares of the company’s stock valued at $61,000 after purchasing an additional 9,297 shares during the period. Intech Investment Management LLC grew its position in Getty Images by 19.3% in the second quarter. Intech Investment Management LLC now owns 68,843 shares of the company’s stock worth $114,000 after acquiring an additional 11,121 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Getty Images in the 4th quarter worth approximately $27,000. Finally, Ameriprise Financial Inc. purchased a new position in Getty Images in the 4th quarter worth $28,000. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on GETY shares. Zacks Research downgraded shares of Getty Images from a “hold” rating to a “strong sell” rating in a report on Monday, September 8th. Citigroup reaffirmed a “neutral” rating and issued a $1.85 price target (down from $2.05) on shares of Getty Images in a report on Tuesday, August 12th. Wedbush cut their price objective on Getty Images from $7.70 to $7.00 and set an “outperform” rating for the company in a research report on Tuesday, August 12th. Wall Street Zen raised Getty Images from a “sell” rating to a “hold” rating in a research note on Saturday, August 16th. Finally, Benchmark lowered Getty Images from a “buy” rating to a “hold” rating and set a $3.50 price target for the company. in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Getty Images currently has an average rating of “Reduce” and a consensus target price of $4.03.

Getty Images Company Profile

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.