Getty Images Holdings, Inc. (NYSE:GETY) SVP Cho Mikael Sells 84,617 Shares

Getty Images Holdings, Inc. (NYSE:GETY) SVP Cho Mikael sold 84,617 shares of the stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $4.97, for a total transaction of $420,546.49. Following the transaction, the senior vice president now directly owns 158,925 shares of the company’s stock, valued at approximately $789,857.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Cho Mikael also recently made the following trade(s):

• On Thursday, July 13th, Cho Mikael sold 22,011 shares of Getty Images stock. The shares were sold at an average price of $4.95, for a total transaction of $108,954.45.
• On Tuesday, July 11th, Cho Mikael sold 6 shares of Getty Images stock. The shares were sold at an average price of $4.95, for a total transaction of $29.70.
• On Thursday, June 29th, Cho Mikael sold 100 shares of Getty Images stock. The shares were sold at an average price of $4.95, for a total transaction of $495.00.
• On Friday, June 16th, Cho Mikael sold 56,711 shares of Getty Images stock. The shares were sold at an average price of $4.96, for a total transaction of $281,286.56.
• On Wednesday, June 14th, Cho Mikael sold 65,971 shares of Getty Images stock. The shares were sold at an average price of $5.00, for a total transaction of $329,855.00.

Getty Images Stock Up 4.7 %

Shares of NYSE GETY opened at $5.55 on Tuesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market cap of $2.21 billion, a P/E ratio of -9.74 and a beta of 2.48. Getty Images Holdings, Inc. has a 1 year low of $3.42 and a 1 year high of $13.67. The firm has a 50-day simple moving average of $4.68 and a two-hundred day simple moving average of $5.23.

Institutional Trading of Getty Images

Institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC bought a new stake in shares of Getty Images during the third quarter valued at approximately $28,000. State Street Corp bought a new stake in shares of Getty Images during the third quarter valued at approximately $73,000. Victory Capital Management Inc. raised its stake in shares of Getty Images by 60.3% during the fourth quarter. Victory Capital Management Inc. now owns 22,644 shares of the company’s stock valued at $144,000 after acquiring an additional 8,519 shares in the last quarter. Advisor Group Holdings Inc. raised its stake in shares of Getty Images by 90,312.5% during the fourth quarter. Advisor Group Holdings Inc. now owns 28,932 shares of the company’s stock valued at $160,000 after acquiring an additional 28,900 shares in the last quarter. Finally, Carlyle Group Inc. bought a new stake in shares of Getty Images during the fourth quarter valued at approximately $66,061,000. Institutional investors own 43.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Benchmark lowered their price target on shares of Getty Images from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, August 15th. Citigroup lowered their price target on shares of Getty Images from $8.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, August 15th. Wedbush reaffirmed an “outperform” rating and issued a $7.70 price target on shares of Getty Images in a report on Tuesday, August 15th. Macquarie lowered their price target on shares of Getty Images from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Wednesday, August 16th. Finally, Imperial Capital raised shares of Getty Images from an “in-line” rating to an “outperform” rating and set a $5.75 price target for the company in a report on Tuesday, August 15th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $6.14.

About Getty Images

Getty Images Holdings, Inc operates as a creator and distributor of award-winning still imagery, video, music, and multimedia products. The company provides other forms of premium digital content, including music. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, and books.