Grant Farhall Sells 38,996 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) insider Grant Farhall sold 38,996 shares of the firm’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $4.41, for a total transaction of $171,972.36. Following the completion of the transaction, the insider now directly owns 242,926 shares in the company, valued at approximately $1,071,303.66. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Getty Images Stock Down 2.6 %

Shares of Getty Images stock opened at $4.15 on Friday. The firm’s 50 day moving average price is $4.56 and its 200-day moving average price is $4.98. 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 52-week low of $3.65 and a 52-week high of $8.18. The company has a market cap of $1.68 billion, a P/E ratio of 103.75 and a beta of 2.15.

Getty Images (NYSE:GETY) last issued its quarterly earnings data on Thursday, March 14th. The company reported $0.09 earnings per share (EPS) 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 net margin of 2.11% and a return on equity of 9.30%. On average, sell-side analysts predict that Getty Images Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Citigroup raised 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. Wedbush reaffirmed an “outperform” rating and issued a $7.70 price target on shares of Getty Images in a research note on Friday, March 15th. Finally, Benchmark raised their target price on shares of Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $6.35.

Institutional Trading of Getty Images

Large investors have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ purchased a new stake in Getty Images during the 3rd quarter worth approximately $26,000. UBS Group AG purchased a new stake in Getty Images during the 1st quarter worth approximately $28,000. Tower Research Capital LLC TRC purchased a new stake in Getty Images during the 3rd quarter worth approximately $28,000. Lazard Asset Management LLC purchased a new stake in Getty Images during the 2nd quarter worth approximately $41,000. Finally, Delphia USA Inc. purchased a new stake in Getty Images during the 1st quarter worth approximately $64,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

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.