Getty Images Holdings, Inc. (NYSE:GETY) CFO Sells $27,152.40 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 12,342 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total value of $27,152.40. Following the transaction, the chief financial officer now owns 261,034 shares of the company’s stock, valued at $574,274.80. This trade represents a 4.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Getty Images Trading Down 4.4 %

GETY opened at $2.19 on Friday. Getty Images Holdings, Inc. has a 52 week low of $2.10 and a 52 week high of $5.77. The company has a market capitalization of $900.25 million, a P/E ratio of 18.25 and a beta of 1.86. The stock’s fifty day moving average is $3.14 and its two-hundred day moving average 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.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. Macquarie boosted their target price on shares of Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $5.61.

Institutional Trading of Getty Images

Several institutional investors and hedge funds have recently made changes to their positions in GETY. Geode Capital Management LLC grew its holdings in Getty Images by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,663,955 shares of the company’s stock worth $6,340,000 after acquiring an additional 88,533 shares in the last quarter. State Street Corp boosted its stake in shares of Getty Images by 46.3% during the third quarter. State Street Corp now owns 1,474,167 shares of the company’s stock valued at $5,617,000 after purchasing an additional 466,521 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Getty Images by 12.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 524,987 shares of the company’s stock valued at $2,000,000 after buying an additional 58,135 shares during the period. Bank of New York Mellon Corp bought a new position in Getty Images in the second quarter worth approximately $910,000. Finally, FMR LLC lifted its holdings in Getty Images by 5.0% during the third quarter. FMR LLC now owns 166,221 shares of the company’s stock worth $633,000 after buying an additional 7,897 shares during the period. 45.75% of the stock is currently owned by institutional investors.

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.