Chinh Chu Sells 5,201 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) Director Chinh Chu sold 5,201 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $4.01, for a total transaction of $20,856.01. Following the completion of the transaction, the director now owns 8,433,937 shares in the company, valued at approximately $33,820,087.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Monday, April 29th, Chinh Chu sold 3,937 shares of Getty Images stock. The shares were sold at an average price of $4.00, for a total value of $15,748.00.
• On Tuesday, April 23rd, Chinh Chu sold 14,027 shares of Getty Images stock. The stock was sold at an average price of $4.02, for a total value of $56,388.54.
• 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 value of $155,491.52.
• On Monday, April 8th, Chinh Chu sold 10,121 shares of Getty Images stock. The shares were 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 value 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 value 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 stock was sold at an average price of $4.95, for a total transaction of $1,180,674.00.

Getty Images Stock Performance

Shares of NYSE GETY traded down $0.25 during mid-day trading on Tuesday, reaching $3.69. 379,265 shares of the company’s stock were exchanged, compared to its average volume of 385,479. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 98.63 and a beta of 2.12. The firm has a 50-day moving average price of $4.35 and a two-hundred day moving average price of $4.63. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.84 and a quick ratio of 0.84. Getty Images Holdings, Inc. has a 52 week low of $3.65 and a 52 week high of $7.35.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. purchased a new position in shares of Getty Images in the third quarter worth about $52,554,000. EULAV Asset Management boosted its holdings in Getty Images by 37.5% in the 3rd quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock worth $3,570,000 after buying an additional 150,000 shares during the period. Wolverine Asset Management LLC grew its stake in Getty Images by 124.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock valued at $882,000 after buying an additional 75,255 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Getty Images by 20.4% during the 4th quarter. Victory Capital Management Inc. now owns 25,309 shares of the company’s stock valued at $133,000 after acquiring an additional 4,281 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Getty Images during the third quarter worth $140,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GETY shares. Benchmark boosted their target price on shares of Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Citigroup boosted their price objective on Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Finally, Wedbush restated an “outperform” rating and issued a $7.70 target price on shares of Getty Images in a report on Friday, March 15th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.35.

Getty Images Company 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.