Craig Warren Peters Sells 167,403 Shares of Getty Images (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) CEO Craig Warren Peters sold 167,403 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $0.78, for a total transaction of $130,574.34. Following the transaction, the chief executive officer directly owned 1,289,548 shares in the company, valued at approximately $1,005,847.44. The trade was a 11.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Getty Images Trading Up 0.3%

NYSE:GETY opened at $0.75 on Monday. The company has a 50-day moving average price of $0.96 and a 200-day moving average price of $1.44. The stock has a market cap of $312.07 million, a price-to-earnings ratio of -1.49 and a beta of 2.14. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.12. Getty Images Holdings, Inc. has a 12 month low of $0.67 and a 12 month high of $3.21.

Getty Images (NYSE:GETY) last announced its quarterly earnings results on Monday, March 16th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.25). Getty Images had a negative net margin of 21.00% and a negative return on equity of 25.05%. The company had revenue of $282.29 million for the quarter, compared to analysts’ expectations of $246.17 million. Equities analysts predict that Getty Images Holdings, Inc. will post 0.08 EPS for the current year.

Key Getty Images News

Here are the key news stories impacting Getty Images this week:

• Positive Sentiment: Koch Inc. and several institutions materially increased holdings in Q4 (Koch reported a large stake raise), signaling activist/institutional support that can underpin the share price. MarketBeat: GETY institutional holdings
• Neutral Sentiment: Recent quarter mixed: Getty beat revenue estimates ($282.3M vs. ~$246M) but missed on EPS (reported ($0.22) vs. $0.03 expected) and still shows negative margins and high leverage — a reminder earnings momentum is unstable. MarketBeat: GETY earnings summary
• Negative Sentiment: Widespread insider selling on Mar. 25: CEO Craig Peters sold ~167k shares (~11.5% of his holding), along with multiple executives (CFO, CTO, CMO, SVPs and VPs) selling sizeable positions — a clear negative signal for sentiment and potential near-term selling pressure. SEC Filing – Craig Peters sale
• Negative Sentiment: Multiple additional insider sale filings confirm the executive sell-off (CFO Jennifer Leyden, CTO Nathaniel Gandert, CMO Gene Foca, and others) — aggregated insider exits amplify negative investor interpretation. InsiderTrades: GETY insider sales
• Negative Sentiment: Recent analyst moves skew bearish: Zacks moved to “strong sell,” Citigroup cut its target/neutral, and Weiss reiterated a sell — contributing to weaker sentiment and pressure on the stock multiple. MarketBeat: analyst coverage

Hedge Funds Weigh In On Getty Images

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Engineers Gate Manager LP bought a new stake in shares of Getty Images in the 4th quarter worth approximately $91,000. The Manufacturers Life Insurance Company increased its position in Getty Images by 16.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,458 shares of the company’s stock valued at $82,000 after buying an additional 6,856 shares in the last quarter. Creative Planning bought a new position in Getty Images during the 2nd quarter valued at approximately $75,000. Alpine Global Management LLC purchased a new position in Getty Images during the fourth quarter valued at $98,000. Finally, Ionic Capital Management LLC bought a new stake in Getty Images in the fourth quarter worth $248,000. Institutional investors own 45.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GETY shares. Zacks Research cut Getty Images from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. Weiss Ratings reiterated a “sell (d)” rating on shares of Getty Images in a report on Thursday, January 22nd. Finally, Citigroup lowered their price objective on Getty Images from $1.85 to $0.85 and set a “neutral” rating for the company in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Getty Images currently has an average rating of “Reduce” and a consensus target price of $3.78.

About Getty Images

Getty Images (NYSE: GETY) is a leading global provider of digital visual content, offering an extensive library of stock photography, editorial imagery, video footage and music. The company supplies creative and rights-managed assets to a broad range of industries, including advertising, media, corporate communications and publishing. Through its online platform and licensing services, Getty Images enables customers to search, license and download multimedia content for commercial and editorial use.

Founded in 1995 by Mark Getty and Jonathan Klein, Getty Images pioneered the aggregation of photographic archives into a centralized, digital marketplace.