Chinh Chu Sells 5,201 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 5,201 shares of Getty Images stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $4.01, for a total value of $20,856.01. Following the completion of the transaction, the director now directly owns 8,433,937 shares in the company, valued at approximately $33,820,087.37. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, April 29th, Chinh Chu sold 3,937 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total transaction of $15,748.00.
• On Tuesday, April 23rd, Chinh Chu sold 14,027 shares of Getty Images stock. The stock was sold at an average price of $4.02, for a total transaction of $56,388.54.
• On Thursday, April 11th, Chinh Chu sold 38,488 shares of Getty Images stock. The stock was sold at an average price of $4.04, for a total transaction 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 transaction 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 stock was 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 transaction of $1,180,674.00.

Getty Images Stock Performance

Shares of GETY opened at $3.74 on Thursday. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 93.38 and a beta of 2.12. The company’s fifty day moving average is $4.33 and its 200-day moving average is $4.61. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.05. Getty Images Holdings, Inc. has a 12 month low of $3.65 and a 12 month high of $7.35.

Getty Images (NYSE:GETY) last posted its earnings results on Thursday, March 14th. The company reported $0.09 EPS 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 the consensus estimate of $227.00 million. Equities analysts expect that Getty Images Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Skandinaviska Enskilda Banken AB publ acquired a new stake in Getty Images in the 3rd quarter worth approximately $26,000. Corton Capital Inc. raised its position in shares of Getty Images by 49.3% in the third quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock valued at $109,000 after purchasing an additional 5,571 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of Getty Images in the third quarter worth $136,000. Kessler Investment Group LLC bought a new stake in shares of Getty Images during the 1st quarter worth $89,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Getty Images during the 3rd quarter worth $140,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on GETY. Wedbush reiterated an “outperform” rating and issued a $7.70 price objective on shares of Getty Images in a research note on Friday, March 15th. Citigroup upped their price target on shares of Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a research note on Friday, March 15th. Finally, Benchmark increased their price objective on Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Three research 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 has a consensus rating of “Moderate Buy” and a consensus price target of $6.35.

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.