Getty Images Holdings, Inc. (NYSE:GETY) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in Getty Images Holdings, Inc. (NYSE:GETY) by 24.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,007 shares of the company’s stock after buying an additional 12,542 shares during the period. Dimensional Fund Advisors LP’s holdings in Getty Images were worth $138,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Renaissance Technologies LLC grew its position in Getty Images by 16.7% during the 4th quarter. Renaissance Technologies LLC now owns 111,600 shares of the company’s stock worth $241,000 after purchasing an additional 16,000 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Getty Images by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 49,378 shares of the company’s stock valued at $107,000 after purchasing an additional 15,978 shares during the period. Geode Capital Management LLC lifted its stake in shares of Getty Images by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,675,635 shares of the company’s stock valued at $3,620,000 after purchasing an additional 11,680 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Getty Images by 25.4% in the fourth quarter. JPMorgan Chase & Co. now owns 46,590 shares of the company’s stock valued at $101,000 after purchasing an additional 9,434 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Getty Images by 7.3% in the fourth quarter. Vanguard Group Inc. now owns 10,225,249 shares of the company’s stock valued at $22,087,000 after purchasing an additional 698,829 shares during the period. 45.75% of the stock is owned by hedge funds and other institutional investors.

Getty Images Stock Performance

Shares of GETY opened at $1.81 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84. The stock has a market cap of $746.22 million, a P/E ratio of 15.04 and a beta of 1.98. The company has a 50-day moving average of $1.84 and a two-hundred day moving average of $2.40. Getty Images Holdings, Inc. has a 12-month low of $1.25 and a 12-month high of $4.49.

Getty Images (NYSE:GETY) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.17). The firm had revenue of $224.08 million for the quarter, compared to analysts’ expectations of $236.01 million. Getty Images had a return on equity of 6.42% and a net margin of 5.91%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.03 earnings per share. As a group, research analysts predict that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.

Insider Transactions at Getty Images

In other Getty Images news, CMO Gene Foca sold 23,475 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $2.12, for a total transaction of $49,767.00. Following the completion of the sale, the chief marketing officer now directly owns 468,943 shares in the company, valued at $994,159.16. The trade was a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Cho Mikael sold 18,590 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $2.12, for a total transaction of $39,410.80. Following the sale, the senior vice president now owns 123,862 shares of the company’s stock, valued at approximately $262,587.44. This represents a 13.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 226,668 shares of company stock worth $480,536 over the last ninety days. 12.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

GETY has been the subject of several recent analyst reports. Wedbush reiterated an “outperform” rating and issued a $7.70 price objective on shares of Getty Images in a research note on Tuesday, May 6th. Benchmark cut their target price on shares of Getty Images from $4.50 to $3.50 and set a “buy” rating for the company in a research report on Tuesday, May 13th. Finally, Citigroup restated a “neutral” rating and set a $2.45 target price on shares of Getty Images in a research report on Monday, March 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $4.35.

Getty Images 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.