Getty Images Holdings, Inc. (NYSE:GETY) Given Average Rating of “Hold” by Brokerages

Getty Images Holdings, Inc. (NYSE:GETY) has been given an average recommendation of “Hold” by the five ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $4.1167.

GETY has been the topic of several analyst reports. Wedbush reaffirmed an “outperform” rating and set a $7.00 price target on shares of Getty Images in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Getty Images in a report on Thursday, January 22nd.

Getty Images Price Performance

Shares of NYSE:GETY opened at $0.74 on Friday. Getty Images has a twelve month low of $0.72 and a twelve month high of $3.21. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.96. The company has a market cap of $308.15 million, a PE ratio of -3.37 and a beta of 2.07. The company’s 50 day moving average is $1.23 and its 200 day moving average is $1.63.

Insider Activity at Getty Images

In other news, CEO Craig Warren Peters sold 31,298 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $1.27, for a total transaction of $39,748.46. Following the sale, the chief executive officer owned 1,215,438 shares of the company’s stock, valued at $1,543,606.26. This trade represents a 2.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 76,397 shares of company stock worth $97,275. 11.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Getty Images

A number of institutional investors have recently added to or reduced their stakes in GETY. AQR Capital Management LLC raised its position in Getty Images by 1,201.6% during the first quarter. AQR Capital Management LLC now owns 275,296 shares of the company’s stock worth $476,000 after acquiring an additional 254,146 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in shares of Getty Images by 228.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 34,798 shares of the company’s stock worth $58,000 after purchasing an additional 24,195 shares during the last quarter. Ground Swell Capital LLC purchased a new position in Getty Images in the 2nd quarter valued at about $47,000. Wolverine Asset Management LLC boosted its holdings in Getty Images by 30.4% in the 2nd quarter. Wolverine Asset Management LLC now owns 150,127 shares of the company’s stock worth $249,000 after buying an additional 35,000 shares during the last quarter. Finally, GAM Holding AG purchased a new stake in Getty Images during the 2nd quarter worth approximately $124,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Getty Images Company Profile

Getty Images (NYSE: GETY) is a leading global provider of digital visual content, offering an extensive library of stock photography, editorial imagery, video footage and music. The company supplies creative and rights-managed assets to a broad range of industries, including advertising, media, corporate communications and publishing. Through its online platform and licensing services, Getty Images enables customers to search, license and download multimedia content for commercial and editorial use.

Founded in 1995 by Mark Getty and Jonathan Klein, Getty Images pioneered the aggregation of photographic archives into a centralized, digital marketplace.