Gene Foca Sells 6,174 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) CMO Gene Foca sold 6,174 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total transaction of $13,582.80. Following the completion of the transaction, the chief marketing officer now directly owns 445,773 shares in the company, valued at $980,700.60. This trade represents a 1.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Getty Images Stock Down 4.4 %

GETY stock opened at $2.19 on Friday. The firm has a market cap of $900.25 million, a PE ratio of 18.25 and a beta of 1.86. Getty Images Holdings, Inc. has a one year low of $2.10 and a one year high of $5.77. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The firm’s 50 day moving average price is $3.14 and its 200-day moving average price is $3.41.

Institutional Investors Weigh In On Getty Images

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp increased its position in shares of Getty Images by 46.3% during the 3rd quarter. State Street Corp now owns 1,474,167 shares of the company’s stock worth $5,617,000 after purchasing an additional 466,521 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Getty Images during the second quarter worth about $910,000. Rhumbline Advisers purchased a new position in Getty Images during the second quarter worth about $392,000. Geode Capital Management LLC increased its position in shares of Getty Images by 5.6% during the third quarter. Geode Capital Management LLC now owns 1,663,955 shares of the company’s stock valued at $6,340,000 after acquiring an additional 88,533 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of Getty Images in the 3rd quarter valued at approximately $221,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

Analyst Ratings Changes

GETY has been the subject of several recent research reports. Macquarie increased their price target on Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.61.

About Getty Images

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.