Getty Images (NYSE:GETY) Given Buy Rating at Benchmark

Getty Images (NYSE:GETY)‘s stock had its “buy” rating restated by research analysts at Benchmark in a report issued on Friday,Benzinga reports. They presently have a $6.00 price target on the stock. Benchmark’s price target indicates a potential upside of 132.56% from the stock’s current price.

GETY has been the topic of several other reports. JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. Wedbush reaffirmed an “outperform” rating and set a $7.70 price objective on shares of Getty Images in a research report on Tuesday. Finally, Macquarie reissued a “neutral” rating and issued a $3.75 target price on shares of Getty Images in a research report on Wednesday. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $5.61.

Getty Images Trading Down 1.9 %

NYSE:GETY traded down $0.05 during mid-day trading on Friday, hitting $2.58. The company had a trading volume of 1,665,580 shares, compared to its average volume of 15,054,125. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market cap of $1.06 billion, a P/E ratio of 21.50 and a beta of 1.93. The business’s fifty day moving average is $2.87 and its two-hundred day moving average is $3.33. Getty Images has a fifty-two week low of $2.06 and a fifty-two week high of $5.77.

Insiders Place Their Bets

In other news, Director Chinh Chu sold 8,243 shares of the stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $4.01, for a total value of $33,054.43. Following the completion of the sale, the director now owns 9,795,163 shares of the company’s stock, valued at approximately $39,278,603.63. This represents a 0.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Jennifer Leyden sold 12,342 shares of the business’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total transaction of $27,152.40. Following the transaction, the chief financial officer now owns 261,034 shares in the company, valued at approximately $574,274.80. The trade was a 4.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,266,876 shares of company stock valued at $10,629,182 in the last three months. 12.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Getty Images

Institutional investors and hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. bought a new stake in shares of Getty Images during the 3rd quarter worth about $221,000. Barclays PLC grew its stake in shares of Getty Images by 47.1% in the third quarter. Barclays PLC now owns 156,216 shares of the company’s stock valued at $596,000 after acquiring an additional 49,995 shares in the last quarter. Geode Capital Management LLC increased its position in Getty Images by 5.6% during the third 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 during the period. Jane Street Group LLC raised its stake in Getty Images by 139.8% in the 3rd quarter. Jane Street Group LLC now owns 67,712 shares of the company’s stock worth $258,000 after purchasing an additional 39,477 shares in the last quarter. Finally, State Street Corp grew its position in shares of Getty Images by 46.3% during the 3rd quarter. State Street Corp now owns 1,474,167 shares of the company’s stock worth $5,617,000 after purchasing an additional 466,521 shares in the last quarter. Institutional investors own 45.75% of the company’s stock.

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.