15,401 Shares in Getty Images Holdings, Inc. (NYSE:GETY) Acquired by Oxford Asset Management LLP

Oxford Asset Management LLP bought a new position in shares of Getty Images Holdings, Inc. (NYSE:GETY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 15,401 shares of the company’s stock, valued at approximately $33,000.

Other hedge funds have also added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in Getty Images during the 4th quarter worth approximately $33,000. Price T Rowe Associates Inc. MD boosted its position in Getty Images by 15.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 36,897 shares of the company’s stock worth $80,000 after buying an additional 4,826 shares during the period. JPMorgan Chase & Co. boosted its position in Getty Images by 25.4% during the 4th quarter. JPMorgan Chase & Co. now owns 46,590 shares of the company’s stock worth $101,000 after buying an additional 9,434 shares during the period. Wells Fargo & Company MN lifted its position in shares of Getty Images by 47.8% in the 4th quarter. Wells Fargo & Company MN now owns 49,378 shares of the company’s stock worth $107,000 after purchasing an additional 15,978 shares during the period. Finally, Intech Investment Management LLC lifted its position in shares of Getty Images by 356.0% in the 4th quarter. Intech Investment Management LLC now owns 52,921 shares of the company’s stock worth $114,000 after purchasing an additional 41,316 shares during the period. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Getty Images

In other Getty Images news, SVP Cho Mikael sold 18,590 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $39,410.80. Following the completion of the sale, the senior vice president now owns 123,862 shares in the company, valued at approximately $262,587.44. The trade was a 13.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Craig Warren Peters sold 124,624 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $264,202.88. Following the sale, the chief executive officer now owns 1,262,948 shares of the company’s stock, valued at $2,677,449.76. This trade represents a 8.98 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 226,668 shares of company stock worth $480,536. 12.30% of the stock is owned by corporate insiders.

Getty Images Stock Up 2.0 %

Getty Images stock opened at $2.00 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. Getty Images Holdings, Inc. has a 12-month low of $1.25 and a 12-month high of $4.49. The firm’s fifty day moving average is $1.90 and its 200 day moving average is $2.59. The company has a market capitalization of $825.14 million, a PE ratio of 16.67 and a beta of 2.00.

Getty Images (NYSE:GETY) last released its earnings results on Monday, March 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.05). Getty Images had a net margin of 5.91% and a return on equity of 6.42%. The company had revenue of $247.30 million for the quarter, compared to analyst estimates of $245.50 million. The company’s revenue was up 9.5% on a year-over-year basis. As a group, sell-side analysts predict that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Benchmark dropped their price target on shares of Getty Images from $6.00 to $4.50 and set a “buy” rating on the stock in a research report on Tuesday, March 18th. Macquarie restated a “neutral” rating and issued a $3.75 price target on shares of Getty Images in a research report on Wednesday, January 8th. Wedbush restated an “outperform” rating and issued a $7.70 price target on shares of Getty Images in a research report on Thursday, March 13th. Finally, Citigroup restated a “neutral” rating and issued a $2.45 price target on shares of Getty Images in a research report on Monday, March 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Getty Images presently has a consensus rating of “Hold” and an average target price of $4.60.

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.