Getty Images Holdings, Inc. (NYSE:GETY – Get Free Report) CMO Gene Foca sold 6,062 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $3.61, for a total transaction of $21,883.82. Following the transaction, the chief marketing officer now owns 451,947 shares in the company, valued at approximately $1,631,528.67. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Getty Images Price Performance
NYSE GETY opened at $3.88 on Friday. The stock has a 50-day simple moving average of $3.55 and a 200 day simple moving average of $3.72. Getty Images Holdings, Inc. has a twelve month low of $2.88 and a twelve month high of $6.57. The stock has a market capitalization of $1.59 billion, a PE ratio of 64.67 and a beta of 2.05. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.78 and a current ratio of 0.78.
Getty Images (NYSE:GETY – Get Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The business had revenue of $229.14 million for the quarter, compared to analyst estimates of $228.42 million. Getty Images had a return on equity of 9.36% and a net margin of 4.19%. The company’s revenue was up 1.5% compared to the same quarter last year. Research analysts anticipate that Getty Images Holdings, Inc. will post 0.11 EPS for the current year.
Institutional Trading of Getty Images
Analysts Set New Price Targets
GETY has been the subject of a number of recent research reports. Macquarie decreased their price objective on shares of Getty Images from $4.00 to $3.50 and set a “neutral” rating for the company in a report on Monday, August 12th. Citigroup decreased their price target on Getty Images from $6.00 to $5.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Finally, Benchmark reissued a “buy” rating and issued a $6.00 price objective on shares of Getty Images in a research note on Tuesday, August 13th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $5.64.
Check Out Our Latest Analysis on GETY
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.
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