Getty Images Holdings, Inc. (NYSE:GETY – Get Free Report) SVP Cho Mikael sold 5,744 shares of Getty Images stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of $3.23, for a total transaction of $18,553.12. Following the completion of the transaction, the senior vice president now directly owns 111,450 shares of the company’s stock, valued at $359,983.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Getty Images Stock Performance
Getty Images stock traded up $0.07 during mid-day trading on Thursday, reaching $3.18. 1,162,258 shares of the stock traded hands, compared to its average volume of 454,181. Getty Images Holdings, Inc. has a 12-month low of $2.93 and a 12-month high of $7.35. The business’s 50-day moving average is $3.68 and its 200-day moving average is $4.29. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $1.30 billion, a PE ratio of 52.92 and a beta of 2.09.
Getty Images (NYSE:GETY – Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $222.28 million during the quarter, compared to analyst estimates of $223.29 million. Getty Images had a net margin of 3.33% and a return on equity of 9.18%. As a group, sell-side analysts predict that Getty Images Holdings, Inc. will post 0.13 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on Getty Images
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Natixis bought a new position in Getty Images in the 1st quarter worth $42,000. EntryPoint Capital LLC purchased a new stake in Getty Images in the first quarter worth about $47,000. Kessler Investment Group LLC bought a new position in shares of Getty Images in the first quarter worth about $89,000. Fifth Lane Capital LP purchased a new position in shares of Getty Images during the 1st quarter valued at about $104,000. Finally, Corton Capital Inc. grew its stake in shares of Getty Images by 49.3% during the 3rd quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock valued at $109,000 after acquiring an additional 5,571 shares during the period. Hedge funds and other institutional investors own 45.75% of the company’s stock.
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.
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