Getty Images Holdings, Inc. (NYSE:GETY – Get Free Report) SVP Kenneth Arrigo Mainardis sold 28,946 shares of Getty Images stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $4.41, for a total transaction of $127,651.86. Following the transaction, the senior vice president now directly owns 220,494 shares of the company’s stock, valued at $972,378.54. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Kenneth Arrigo Mainardis also recently made the following trade(s):
- On Monday, March 18th, Kenneth Arrigo Mainardis sold 33,177 shares of Getty Images stock. The stock was sold at an average price of $4.64, for a total transaction of $153,941.28.
Getty Images Trading Up 7.0 %
Shares of GETY stock opened at $4.26 on Thursday. The company’s 50-day moving average price is $4.56 and its 200-day moving average price is $4.99. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.05. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 106.50 and a beta of 2.15. Getty Images Holdings, Inc. has a twelve month low of $3.65 and a twelve month high of $8.18.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Getty Images by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 8,131,734 shares of the company’s stock worth $42,692,000 after buying an additional 34,013 shares during the period. Northern Trust Corp boosted its stake in shares of Getty Images by 9.6% in the fourth quarter. Northern Trust Corp now owns 81,696 shares of the company’s stock valued at $429,000 after purchasing an additional 7,152 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Getty Images by 22.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 23,954 shares of the company’s stock valued at $126,000 after purchasing an additional 4,321 shares during the period. Dimensional Fund Advisors LP purchased a new position in shares of Getty Images in the fourth quarter valued at approximately $80,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Getty Images by 8.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 236,908 shares of the company’s stock valued at $1,244,000 after purchasing an additional 19,311 shares during the period. Hedge funds and other institutional investors own 45.75% of the company’s stock.
Analysts Set New Price Targets
GETY has been the subject of a number of research reports. Wedbush reaffirmed an “outperform” rating and set a $7.70 target price on shares of Getty Images in a report on Friday, March 15th. Citigroup upped their target price on shares of Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Finally, Benchmark upped their target price on shares of Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Getty Images has a consensus rating of “Moderate Buy” and an average target price of $6.35.
Getty Images Company Profile
Getty Images Holdings, Inc operates as a creator and distributor of award-winning still imagery, video, music, and multimedia products. The company provides other forms of premium digital content, including music. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, and books.
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