Getty Images Holdings, Inc. (NYSE:GETY) Insider Sells $18,079.60 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) insider Grant Farhall sold 8,218 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total value of $18,079.60. Following the transaction, the insider now directly owns 251,615 shares in the company, valued at approximately $553,553. The trade was a 3.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Getty Images Price Performance

Shares of NYSE:GETY opened at $2.19 on Friday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. Getty Images Holdings, Inc. has a one year low of $2.10 and a one year high of $5.77. The company has a 50-day simple moving average of $3.14 and a 200-day simple moving average of $3.41. The stock has a market capitalization of $900.25 million, a price-to-earnings ratio of 18.25 and a beta of 1.86.

Analyst Ratings Changes

A number of research firms recently issued reports on GETY. JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a research note on Wednesday, December 18th. Macquarie increased their price objective on Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Getty Images presently has an average rating of “Hold” and an average price target of $5.61.

Institutional Trading of Getty Images

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Franklin Resources Inc. purchased a new position in shares of Getty Images in the 3rd quarter valued at approximately $221,000. Barclays PLC grew its position in Getty Images by 47.1% in the 3rd quarter. Barclays PLC now owns 156,216 shares of the company’s stock valued at $596,000 after buying an additional 49,995 shares during the last quarter. Geode Capital Management LLC increased its stake in Getty Images by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,663,955 shares of the company’s stock valued at $6,340,000 after buying an additional 88,533 shares during the period. Jane Street Group LLC raised its position in Getty Images by 139.8% during the 3rd quarter. Jane Street Group LLC now owns 67,712 shares of the company’s stock worth $258,000 after buying an additional 39,477 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Getty Images by 46.3% in the 3rd quarter. State Street Corp now owns 1,474,167 shares of the company’s stock worth $5,617,000 after acquiring an additional 466,521 shares during the period. 45.75% of the stock is owned by hedge funds and other institutional investors.

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.