Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) Director Chinh Chu sold 3,937 shares of the business's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $4.00, for a total value of $15,748.00. Following the completion of the sale, the director now directly owns 8,430,000 shares of the company's stock, valued at $33,720,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Chinh Chu also recently made the following trade(s):
- On Friday, April 26th, Chinh Chu sold 5,201 shares of Getty Images stock. The shares were sold at an average price of $4.01, for a total value of $20,856.01.
- On Tuesday, April 23rd, Chinh Chu sold 14,027 shares of Getty Images stock. The shares were sold at an average price of $4.02, for a total value of $56,388.54.
- 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 value of $155,491.52.
- On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The shares were sold at an average price of $4.00, for a total value of $40,484.00.
- On Friday, April 5th, Chinh Chu sold 14,707 shares of Getty Images stock. The shares were sold at an average price of $4.01, for a total value of $58,975.07.
- On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The shares were sold at an average price of $4.11, for a total value of $364,035.03.
- On Wednesday, March 27th, Chinh Chu sold 213,811 shares of Getty Images stock. The shares were sold at an average price of $4.19, for a total value 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 shares were sold at an average price of $4.95, for a total value of $1,180,674.00.
Getty Images Stock Performance
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NYSE GETY opened at $3.69 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. The business's 50 day moving average is $4.35 and its two-hundred day moving average is $4.63. Getty Images Holdings, Inc. has a 12-month low of $3.65 and a 12-month high of $7.35. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 92.13 and a beta of 2.12.
Getty Images (NYSE:GETY - Get Free Report) last released its earnings results on Thursday, March 14th. The company reported $0.09 earnings per share (EPS) for the quarter. Getty Images had a return on equity of 9.30% and a net margin of 2.11%. The company had revenue of $225.94 million for the quarter, compared to analysts' expectations of $227.00 million. Research analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current year.
Analyst Ratings Changes
Several equities analysts recently issued reports on GETY shares. Wedbush restated an "outperform" rating and issued a $7.70 price target on shares of Getty Images in a research report on Friday, March 15th. Benchmark boosted their price target on Getty Images from $7.00 to $8.00 and gave the company a "buy" rating in a research report on Friday, March 15th. Finally, Citigroup boosted their price target on Getty Images from $5.50 to $6.00 and gave the company a "buy" rating in a research report on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $6.35.
Check Out Our Latest Report on Getty Images
Institutional Investors Weigh In On Getty Images
A number of institutional investors and hedge funds have recently modified their holdings of GETY. Bank of New York Mellon Corp acquired a new stake in shares of Getty Images in the 3rd quarter worth approximately $140,000. Victory Capital Management Inc. acquired a new stake in shares of Getty Images in the 3rd quarter worth approximately $136,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Getty Images in the 3rd quarter worth approximately $26,000. Wolverine Asset Management LLC grew its holdings in shares of Getty Images by 124.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company's stock worth $882,000 after acquiring an additional 75,255 shares during the period. Finally, Corton Capital Inc. grew its holdings in shares of Getty Images by 49.3% in the 3rd quarter. Corton Capital Inc. now owns 16,864 shares of the company's stock worth $109,000 after acquiring an additional 5,571 shares during the period. Institutional investors and hedge funds own 45.75% of the company's stock.
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.
Further Reading
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