Craig Warren Peters Sells 155,515 Shares of Getty Images Holdings, Inc. (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) CEO Craig Warren Peters sold 155,515 shares of the company’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $4.41, for a total transaction of $685,821.15. Following the completion of the sale, the chief executive officer now directly owns 1,244,048 shares in the company, valued at $5,486,251.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Getty Images Price Performance

Shares of NYSE GETY opened at $4.26 on Thursday. Getty Images Holdings, Inc. has a twelve month low of $3.65 and a twelve month high of $8.18. 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 company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 106.50 and a beta of 2.15. The firm has a 50-day moving average of $4.56 and a two-hundred day moving average of $4.99.

Getty Images (NYSE:GETY) last issued its quarterly earnings results on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. The company had revenue of $225.94 million during the quarter, compared to the consensus estimate of $227.00 million. As a group, analysts expect that Getty Images Holdings, Inc. will post 0.06 earnings per share for the current fiscal year.

Institutional Trading of Getty Images

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted 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 valued at $42,692,000 after buying an additional 34,013 shares in the last quarter. EULAV Asset Management lifted its stake in Getty Images by 37.5% during the third quarter. EULAV Asset Management now owns 550,000 shares of the company’s stock valued at $3,570,000 after buying an additional 150,000 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Getty Images by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 236,908 shares of the company’s stock valued at $1,244,000 after buying an additional 19,311 shares in the last quarter. Marshall Wace LLP lifted its stake in Getty Images by 45.7% during the second quarter. Marshall Wace LLP now owns 150,324 shares of the company’s stock valued at $734,000 after buying an additional 47,176 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its stake in Getty Images by 124.0% during the third quarter. Wolverine Asset Management LLC now owns 135,961 shares of the company’s stock valued at $882,000 after buying an additional 75,255 shares in the last quarter. 45.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

GETY has been the topic of several recent analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $7.70 price target on shares of Getty Images in a report on Friday, March 15th. Benchmark boosted their target price on shares of Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Finally, Citigroup boosted their target price on shares of Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.35.

About Getty Images

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.