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 that occurred on Tuesday, April 23rd. The shares were sold at an average price of $4.02, for a total transaction of $56,388.54. Following the completion of the sale, the director now owns 8,446,838 shares in the company, valued at $33,956,288.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 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 transaction 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 transaction 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 transaction 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 stock was 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 stock was sold at an average price of $4.95, for a total transaction of $1,180,674.00.

Getty Images Trading Down 2.9 %

Shares of Getty Images stock opened at $3.90 on Friday. The firm has a 50-day moving average of $4.37 and a 200-day moving average of $4.68. The stock has a market cap of $1.58 billion, a PE ratio of 97.38 and a beta of 2.12. Getty Images Holdings, Inc. has a 52-week low of $3.65 and a 52-week high of $7.35. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.84 and a current ratio of 0.84.

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

Institutional Investors Weigh In On Getty Images

Institutional investors have recently modified their holdings of the business. Kessler Investment Group LLC bought a new stake in Getty Images during the first quarter worth about $89,000. Victory Capital Management Inc. lifted its position in Getty Images by 20.4% during the fourth quarter. Victory Capital Management Inc. now owns 25,309 shares of the company’s stock worth $133,000 after purchasing an additional 4,281 shares during the period. Vanguard Group Inc. bought a new stake in Getty Images during the third quarter worth about $52,554,000. EULAV Asset Management lifted its position in Getty Images by 37.5% during the third quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock worth $3,570,000 after purchasing an additional 150,000 shares during the period. Finally, Corton Capital Inc. lifted its position in Getty Images by 49.3% during the third quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock worth $109,000 after purchasing an additional 5,571 shares during the period. 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 analyst reports. Citigroup lifted their price objective on shares of Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Wedbush reaffirmed an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a research report on Friday, March 15th. Finally, Benchmark lifted their price objective on shares of Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $6.35.

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.