Jennifer Leyden Sells 12,124 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 12,124 shares of the stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $3.61, for a total transaction of $43,767.64. Following the sale, the chief financial officer now owns 273,376 shares of the company’s stock, valued at approximately $986,887.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Getty Images Trading Up 2.9 %

GETY opened at $3.88 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.92. The stock has a market capitalization of $1.59 billion, a PE ratio of 64.67 and a beta of 2.05. Getty Images Holdings, Inc. has a 1-year low of $2.88 and a 1-year high of $6.57. The firm has a 50-day moving average price of $3.55 and a two-hundred day moving average price of $3.72.

Getty Images (NYSE:GETY) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). The company had revenue of $229.14 million during the quarter, compared to analyst estimates of $228.42 million. Getty Images had a net margin of 4.19% and a return on equity of 9.36%. The business’s revenue was up 1.5% on a year-over-year basis. As a group, equities analysts anticipate that Getty Images Holdings, Inc. will post 0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Macquarie dropped their target price on shares of Getty Images from $4.00 to $3.50 and set a “neutral” rating for the company in a research report on Monday, August 12th. Benchmark reiterated a “buy” rating and set a $6.00 target price on shares of Getty Images in a research report on Tuesday, August 13th. Finally, Citigroup dropped their target price on shares of Getty Images from $6.00 to $5.00 and set a “buy” rating for the company in a research report on Tuesday, August 13th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Getty Images presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.64.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GETY. Fifth Lane Capital LP bought a new position in shares of Getty Images in the 1st quarter valued at about $104,000. Natixis bought a new position in shares of Getty Images in the 1st quarter valued at about $42,000. EntryPoint Capital LLC bought a new position in shares of Getty Images in the 1st quarter valued at about $47,000. Kessler Investment Group LLC boosted its stake in shares of Getty Images by 47.6% in the 2nd quarter. Kessler Investment Group LLC now owns 31,580 shares of the company’s stock valued at $103,000 after purchasing an additional 10,178 shares during the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in shares of Getty Images in the 2nd quarter valued at about $49,000. Institutional investors own 45.75% of the company’s stock.

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.