Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) Director Chinh Chu sold 88,573 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $4.11, for a total value of $364,035.03. Following the sale, the director now owns 8,608,225 shares in the company, valued at $35,379,804.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Chinh Chu also recently made the following trade(s):
- 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 shares were sold at an average price of $4.14, for a total value of $487,439.46.
- On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The shares were sold at an average price of $4.39, for a total value 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 value of $1,180,674.00.
Getty Images Stock Performance
Getty Images stock opened at $4.02 on Friday. Getty Images Holdings, Inc. has a fifty-two week low of $3.65 and a fifty-two week high of $8.18. The firm's 50 day simple moving average is $4.52 and its 200-day simple moving average is $4.90. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $1.63 billion, a P/E ratio of 100.50 and a beta of 2.12.
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Getty Images (NYSE:GETY - Get Free Report) last posted its quarterly earnings data on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. The firm had revenue of $225.94 million for the quarter, compared to analysts' expectations of $227.00 million. As a group, equities research analysts predict that Getty Images Holdings, Inc. will post 0.06 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of GETY. Vanguard Group Inc. increased its stake in Getty Images by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 8,131,734 shares of the company's stock valued at $42,692,000 after buying an additional 34,013 shares during the period. EULAV Asset Management grew its holdings in shares of Getty Images by 37.5% during the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company's stock valued at $3,570,000 after acquiring an additional 150,000 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Getty Images by 8.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 236,908 shares of the company's stock worth $1,244,000 after acquiring an additional 19,311 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Getty Images by 45.7% during the second quarter. Marshall Wace LLP now owns 150,324 shares of the company's stock worth $734,000 after acquiring an additional 47,176 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in Getty Images by 124.0% during the third quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company's stock valued at $882,000 after purchasing an additional 75,255 shares during the last quarter. 45.75% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
GETY has been the subject of several research reports. Citigroup raised their price objective 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. Benchmark raised their target price on shares of Getty Images from $7.00 to $8.00 and gave the stock a "buy" rating in a report on Friday, March 15th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $7.70 price target on shares of Getty Images in a report on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Getty Images presently has an average rating of "Moderate Buy" and a consensus target price of $6.35.
Get Our Latest Stock Report on GETY
Getty Images Company Profile
(
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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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