Getty Images Holdings, Inc. (NYSE:GETY) Receives Average Rating of “Hold” from Analysts

Shares of Getty Images Holdings, Inc. (NYSE:GETY) have earned an average rating of “Hold” from the five brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $4.1167.

GETY has been the topic of several research reports. Wedbush reissued an “outperform” rating and issued a $7.00 price target on shares of Getty Images in a research note on Friday, October 31st. Weiss Ratings reissued a “sell (d)” rating on shares of Getty Images in a research note on Thursday, January 22nd.

Getty Images Trading Down 0.1%

Shares of GETY stock opened at $0.74 on Friday. Getty Images has a fifty-two week low of $0.72 and a fifty-two week high of $3.21. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.71 and a current ratio of 0.71. The stock’s fifty day moving average is $1.23 and its two-hundred day moving average is $1.63. The firm has a market capitalization of $308.15 million, a P/E ratio of -3.37 and a beta of 2.07.

Insider Buying and Selling

In related news, CEO Craig Warren Peters sold 31,298 shares of Getty Images stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $1.27, for a total transaction of $39,748.46. Following the transaction, the chief executive officer owned 1,215,438 shares in the company, valued at approximately $1,543,606.26. This trade represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 76,397 shares of company stock worth $97,275 in the last quarter. Company insiders own 11.20% of the company’s stock.

Institutional Trading of Getty Images

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in shares of Getty Images during the 3rd quarter valued at about $25,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Getty Images by 47.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,870 shares of the company’s stock valued at $33,000 after purchasing an additional 5,089 shares during the last quarter. Catalyst Funds Management Pty Ltd purchased a new stake in shares of Getty Images in the 2nd quarter valued at approximately $30,000. Cerity Partners LLC acquired a new stake in shares of Getty Images during the 2nd quarter worth approximately $32,000. Finally, Savant Capital LLC purchased a new stake in shares of Getty Images during the 3rd quarter valued at approximately $40,000. 45.75% of the stock is owned by institutional investors and hedge funds.

Getty Images Company Profile

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.