Chinh Chu Sells 38,488 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 38,488 shares of the firm’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $4.04, for a total value of $155,491.52. Following the completion of the sale, the director now directly owns 8,462,409 shares in the company, valued at $34,188,132.36. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Chinh Chu also recently made the following trade(s):

• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total transaction of $40,484.00.
• 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 shares were 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 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 stock was 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 Up 1.3 %

Getty Images stock opened at $3.82 on Wednesday. The firm has a market capitalization of $1.55 billion, a P/E ratio of 95.50 and a beta of 2.12. The company has a 50-day simple moving average of $4.46 and a 200-day simple moving average of $4.76. Getty Images Holdings, Inc. has a one year low of $3.65 and a one year high of $8.18. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.84 and a current ratio of 0.84.

Getty Images (NYSE:GETY) last announced its earnings results on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $225.94 million for the quarter, compared to the consensus estimate of $227.00 million. Getty Images had a return on equity of 9.30% and a net margin of 2.11%. As a group, equities analysts expect that Getty Images Holdings, Inc. will post 0.06 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on GETY. Wedbush restated an “outperform” rating and issued a $7.70 price target on shares of Getty Images in a report on Friday, March 15th. Benchmark increased 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, Citigroup boosted 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Getty Images currently has an average rating of “Moderate Buy” and an average price target of $6.35.

Hedge Funds Weigh In On Getty Images

Several hedge funds have recently modified their holdings of GETY. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Getty Images in the third quarter valued at $26,000. Tower Research Capital LLC TRC bought a new stake in Getty Images in the third quarter worth about $28,000. UBS Group AG acquired a new stake in Getty Images in the 1st quarter valued at about $28,000. Lazard Asset Management LLC acquired a new stake in Getty Images in the 2nd quarter valued at about $41,000. Finally, State Street Corp bought a new position in shares of Getty Images during the 3rd quarter valued at about $73,000. 45.75% of the stock is currently owned by institutional investors and hedge funds.

About Getty Images

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.