Chinh Chu Sells 14,027 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 14,027 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $4.02, for a total transaction of $56,388.54. Following the completion of the sale, the director now owns 8,446,838 shares of the company’s stock, valued at $33,956,288.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Chinh Chu also recently made the following trade(s):

• On Thursday, April 11th, Chinh Chu sold 38,488 shares of Getty Images stock. The stock was sold at an average price of $4.04, for a total transaction of $155,491.52.
• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The stock was sold at an average price of $4.00, for a total transaction of $40,484.00.
• On Friday, April 5th, Chinh Chu sold 14,707 shares of Getty Images stock. The stock was sold at an average price of $4.01, for a total transaction of $58,975.07.
• On Wednesday, April 3rd, Chinh Chu sold 88,573 shares of Getty Images stock. The shares were sold at an average price of $4.11, for a total transaction of $364,035.03.
• On Wednesday, March 27th, Chinh Chu sold 213,811 shares of Getty Images stock. The shares were sold at an average price of $4.19, for a total transaction of $895,868.09.
• On Monday, March 25th, Chinh Chu sold 117,739 shares of Getty Images stock. The shares were sold at an average price of $4.14, for a total transaction of $487,439.46.
• On Friday, March 22nd, Chinh Chu sold 95,924 shares of Getty Images stock. The shares were sold at an average price of $4.39, for a total transaction of $421,106.36.
• On Wednesday, March 20th, Chinh Chu sold 238,520 shares of Getty Images stock. The shares were sold at an average price of $4.95, for a total transaction of $1,180,674.00.

Getty Images Trading Up 0.5 %

NYSE:GETY opened at $3.92 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. Getty Images Holdings, Inc. has a 12 month low of $3.65 and a 12 month high of $7.35. The company has a market cap of $1.60 billion, a PE ratio of 98.00 and a beta of 2.12. The company has a 50 day simple moving average of $4.35 and a two-hundred day simple moving average of $4.66.

Getty Images (NYSE:GETY) last posted its earnings results on Thursday, March 14th. The company reported $0.09 EPS for the quarter. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. The business had revenue of $225.94 million during the quarter, compared to the consensus estimate of $227.00 million. Research analysts forecast that Getty Images Holdings, Inc. will post 0.06 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GETY. Citigroup raised their price target on shares of Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Wedbush reissued an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research report on Friday, March 15th. Finally, Benchmark raised their price target 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.35.

Institutional Investors Weigh In On Getty Images

A number of large investors have recently added to or reduced their stakes in the stock. Kessler Investment Group LLC bought a new stake in Getty Images in the 1st quarter worth approximately $89,000. Victory Capital Management Inc. boosted its stake in shares of Getty Images by 20.4% during the 4th quarter. Victory Capital Management Inc. now owns 25,309 shares of the company’s stock worth $133,000 after acquiring an additional 4,281 shares during the last quarter. Vanguard Group Inc. purchased a new position in shares of Getty Images during the 3rd quarter worth $52,554,000. EULAV Asset Management boosted its stake in shares of Getty Images by 37.5% during the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock worth $3,570,000 after acquiring an additional 150,000 shares during the last quarter. Finally, Corton Capital Inc. boosted its stake in shares of Getty Images by 49.3% during the 3rd quarter. Corton Capital Inc. now owns 16,864 shares of the company’s stock worth $109,000 after acquiring an additional 5,571 shares during the last quarter. 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.