Vanguard Personalized Indexing Management LLC Acquires 24,195 Shares of Getty Images Holdings, Inc. $GETY

Vanguard Personalized Indexing Management LLC boosted its position in Getty Images Holdings, Inc. (NYSE:GETY) by 228.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,798 shares of the company’s stock after acquiring an additional 24,195 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Getty Images were worth $58,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Getty Images by 2.4% in the first quarter. Vanguard Group Inc. now owns 10,471,652 shares of the company’s stock valued at $18,116,000 after acquiring an additional 246,403 shares during the last quarter. Invenomic Capital Management LP bought a new position in Getty Images in the first quarter valued at approximately $4,646,000. American Century Companies Inc. boosted its position in Getty Images by 17.8% in the first quarter. American Century Companies Inc. now owns 136,431 shares of the company’s stock valued at $236,000 after buying an additional 20,600 shares in the last quarter. Nuveen LLC acquired a new stake in Getty Images in the first quarter valued at approximately $316,000. Finally, CWM LLC boosted its position in Getty Images by 809.5% in the first quarter. CWM LLC now owns 19,708 shares of the company’s stock valued at $34,000 after buying an additional 17,541 shares in the last quarter. 45.75% of the stock is owned by institutional investors.

Insider Transactions at Getty Images

In other Getty Images news, CEO Craig Warren Peters sold 32,950 shares of the stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $2.03, for a total transaction of $66,888.50. Following the completion of the sale, the chief executive officer directly owned 1,246,736 shares of the company’s stock, valued at approximately $2,530,874.08. This represents a 2.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Cho Mikael sold 31,078 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $1.93, for a total transaction of $59,980.54. Following the completion of the transaction, the senior vice president directly owned 175,870 shares of the company’s stock, valued at $339,429.10. The trade was a 15.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 218,595 shares of company stock worth $441,333. Company insiders own 11.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on GETY shares. Weiss Ratings restated a “sell (d)” rating on shares of Getty Images in a research report on Wednesday, October 8th. Benchmark lowered shares of Getty Images from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a research report on Tuesday, August 12th. Zacks Research upgraded shares of Getty Images from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 15th. Wedbush cut their target price on shares of Getty Images from $7.70 to $7.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 12th. Finally, Wall Street Zen upgraded shares of Getty Images from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $4.03.

Getty Images Price Performance

GETY stock opened at $2.15 on Tuesday. Getty Images Holdings, Inc. has a 52 week low of $1.25 and a 52 week high of $4.49. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 2.03. The company has a fifty day simple moving average of $2.01 and a two-hundred day simple moving average of $1.87. The firm has a market capitalization of $889.77 million, a P/E ratio of -7.66 and a beta of 1.88.

Getty Images (NYSE:GETY) last announced its earnings results on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.11). Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. The firm had revenue of $234.88 million during the quarter, compared to analysts’ expectations of $234.77 million. During the same period in the prior year, the company posted $0.01 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. Getty Images has set its FY 2025 guidance at EPS. Analysts anticipate that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.

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.