Grant Farhall Sells 8,218 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) insider Grant Farhall sold 8,218 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total transaction of $18,079.60. Following the completion of the sale, the insider now directly owns 251,615 shares in the company, valued at approximately $553,553. The trade was a 3.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Getty Images Price Performance

NYSE:GETY opened at $2.19 on Friday. The firm has a market cap of $900.25 million, a PE ratio of 18.25 and a beta of 1.86. The company’s 50-day moving average price is $3.14 and its two-hundred day moving average price is $3.41. 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 $2.10 and a 12 month high of $5.77.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on GETY shares. Macquarie upped their price objective on Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Getty Images in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $5.61.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Spartan Fund Management Inc. acquired a new stake in Getty Images during the 2nd quarter valued at $33,000. CIBC Asset Management Inc acquired a new stake in shares of Getty Images in the second quarter valued at $36,000. Intech Investment Management LLC bought a new position in shares of Getty Images in the third quarter valued at about $44,000. Principal Financial Group Inc. acquired a new position in Getty Images during the 2nd quarter worth about $44,000. Finally, Aigen Investment Management LP bought a new stake in Getty Images during the 3rd quarter worth about $48,000. 45.75% of the stock is owned by institutional investors and hedge funds.

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.