Insider Selling: Getty Images (NYSE:GETY) SVP Sells $11,806.48 in Stock

Getty Images Holdings, Inc. (NYSE:GETY) SVP Kenneth Arrigo Mainardis sold 5,816 shares of the firm’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $2.03, for a total value of $11,806.48. Following the transaction, the senior vice president owned 211,899 shares in the company, valued at $430,154.97. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Getty Images Stock Up 2.6%

Shares of NYSE:GETY opened at $2.01 on Monday. The company’s fifty day moving average is $1.88 and its two-hundred day moving average is $1.82. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.70 and a current ratio of 0.70. Getty Images Holdings, Inc. has a 1-year low of $1.25 and a 1-year high of $4.49. The stock has a market capitalization of $833.77 million, a price-to-earnings ratio of -7.18 and a beta of 1.87.

Getty Images (NYSE:GETY) last announced its quarterly earnings data on Monday, August 11th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.11). The business had revenue of $234.88 million for the quarter, compared to the consensus estimate of $234.77 million. Getty Images had a negative net margin of 12.19% and a negative return on equity of 14.39%. Getty Images’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.01 EPS. Getty Images has set its FY 2025 guidance at EPS. Equities analysts anticipate that Getty Images Holdings, Inc. will post 0.08 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GETY. Citigroup reissued a “neutral” rating and issued a $1.85 price target (down previously from $2.05) on shares of Getty Images in a report on Tuesday, August 12th. Wall Street Zen raised Getty Images from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. Zacks Research downgraded shares of Getty Images from a “hold” rating to a “strong sell” rating in a report on Monday, September 8th. Wedbush lowered their price target on shares of Getty Images from $7.70 to $7.00 and set an “outperform” rating for the company in a research report on Tuesday, August 12th. Finally, Benchmark downgraded shares of Getty Images from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a research report on Tuesday, August 12th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $4.03.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GETY. Ameriprise Financial Inc. acquired a new position in shares of Getty Images during the fourth quarter valued at $28,000. BNP Paribas Financial Markets bought a new position in Getty Images in the 4th quarter valued at about $27,000. Bank of America Corp DE increased its stake in Getty Images by 37.0% during the 4th quarter. Bank of America Corp DE now owns 82,444 shares of the company’s stock valued at $178,000 after buying an additional 22,248 shares during the period. Deutsche Bank AG increased its stake in Getty Images by 54.2% during the 4th quarter. Deutsche Bank AG now owns 91,695 shares of the company’s stock valued at $198,000 after buying an additional 32,236 shares during the period. Finally, ProShare Advisors LLC raised its position in shares of Getty Images by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 28,255 shares of the company’s stock worth $61,000 after buying an additional 9,297 shares in the last quarter. 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.