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

Getty Images Holdings, Inc. (NYSE:GETYGet Free Report) has earned a consensus recommendation of “Hold” from the five analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $3.7833.

Several analysts have recently weighed in on GETY shares. Citigroup decreased their target price on Getty Images from $1.85 to $0.85 and set a “neutral” rating for the company in a research report on Monday, February 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Getty Images in a research report on Thursday, January 22nd.

Check Out Our Latest Stock Report on GETY

Trending Headlines about Getty Images

Here are the key news stories impacting Getty Images this week:

Insider Buying and Selling at Getty Images

In related news, CEO Craig Warren Peters sold 31,298 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $1.27, for a total value of $39,748.46. Following the completion of the sale, the chief executive officer owned 1,215,438 shares in the company, valued at approximately $1,543,606.26. The trade was a 2.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 74,919 shares of company stock worth $95,147 over the last ninety days. Insiders own 12.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Koch Inc. lifted its holdings in shares of Getty Images by 42.8% in the 4th quarter. Koch Inc. now owns 115,259,246 shares of the company’s stock worth $154,447,000 after buying an additional 34,525,639 shares during the period. JPMorgan Chase & Co. grew its position in shares of Getty Images by 43.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,434,545 shares of the company’s stock worth $4,041,000 after buying an additional 742,008 shares in the last quarter. Readystate Asset Management LP purchased a new position in shares of Getty Images during the fourth quarter valued at $3,071,000. Geode Capital Management LLC increased its stake in shares of Getty Images by 14.0% during the second quarter. Geode Capital Management LLC now owns 1,866,490 shares of the company’s stock valued at $3,099,000 after buying an additional 228,532 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Getty Images by 160.7% in the fourth quarter. Millennium Management LLC now owns 1,530,821 shares of the company’s stock valued at $2,051,000 after acquiring an additional 943,567 shares in the last quarter. 45.75% of the stock is currently owned by hedge funds and other institutional investors.

Getty Images Price Performance

Getty Images stock opened at $0.85 on Wednesday. Getty Images has a 12-month low of $0.67 and a 12-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 firm has a 50-day moving average price of $1.04 and a 200-day moving average price of $1.50. The firm has a market capitalization of $352.65 million, a PE ratio of -1.70 and a beta of 2.13.

Getty Images (NYSE:GETYGet Free Report) last issued its quarterly earnings results on Monday, March 16th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.25). The firm had revenue of $282.29 million for the quarter, compared to the consensus estimate of $246.17 million. Getty Images had a negative net margin of 21.00% and a negative return on equity of 24.47%. As a group, equities research analysts forecast that Getty Images will post 0.08 EPS for the current year.

About Getty Images

(Get Free Report)

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.

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