Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) Director Chinh Chu sold 10,121 shares of the stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $4.00, for a total transaction of $40,484.00. Following the sale, the director now owns 8,540,019 shares of the company's stock, valued at approximately $34,160,076. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Chinh Chu also recently made the following trade(s):
- 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 Stock Down 0.4 %
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
From Colonial Metals | Ad
The latest flare-up between Israel and Palestinian militants has sent gold prices surging.
Why? Because savvy investors know the endgame of the elites at play…
Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
See why the elites are pouring billions into gold.
Shares of NYSE GETY opened at $4.00 on Wednesday. The firm has a market capitalization of $1.62 billion, a PE ratio of 99.88 and a beta of 2.12. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. Getty Images Holdings, Inc. has a 1 year low of $3.65 and a 1 year high of $8.18. The firm's 50-day moving average is $4.50 and its 200-day moving average is $4.84.
Getty Images (NYSE:GETY - Get Free Report) last announced its quarterly earnings results on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $225.94 million for the quarter, compared to the consensus estimate of $227.00 million. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. Equities analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts have commented on the stock. Wedbush reissued an "outperform" rating and set a $7.70 price objective on shares of Getty Images in a report on Friday, March 15th. Benchmark increased their price objective 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, Citigroup raised their target price on shares of Getty Images from $5.50 to $6.00 and gave the company a "buy" rating in a research note on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $6.35.
Get Our Latest Stock Analysis on GETY
Institutional Trading of Getty Images
Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. acquired a new stake in Getty Images during the 3rd quarter worth approximately $52,554,000. Charles Schwab Investment Management Inc. raised its holdings in Getty Images by 596.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 217,597 shares of the company's stock worth $1,412,000 after buying an additional 186,370 shares during the period. EULAV Asset Management raised its holdings in Getty Images by 37.5% during the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company's stock worth $3,570,000 after buying an additional 150,000 shares during the period. Wolverine Asset Management LLC raised its holdings in Getty Images by 124.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company's stock worth $882,000 after buying an additional 75,255 shares during the period. Finally, Northern Trust Corp acquired a new stake in Getty Images during the 3rd quarter worth approximately $484,000. 45.75% of the stock is currently owned by institutional investors and hedge funds.
About Getty Images
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
