Daine Marc Weston Sells 12,928 Shares of Getty Images (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) VP Daine Marc Weston sold 12,928 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $0.78, for a total transaction of $10,083.84. Following the completion of the sale, the vice president directly owned 142,159 shares of the company’s stock, valued at $110,884.02. The trade was a 8.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Getty Images Stock Up 0.3%

Getty Images stock opened at $0.75 on Monday. The stock has a 50 day moving average of $0.96 and a two-hundred day moving average of $1.44. Getty Images Holdings, Inc. has a twelve month low of $0.67 and a twelve month high of $3.21. The stock has a market capitalization 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 (NYSE:GETY) last announced its quarterly earnings data 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). The firm had revenue of $282.29 million during the quarter, compared to analyst estimates of $246.17 million. Getty Images had a negative net margin of 21.00% and a negative return on equity of 25.05%. As a group, research analysts expect that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GETY. Alpine Global Management LLC purchased a new stake in shares of Getty Images during the fourth quarter worth about $98,000. Ionic Capital Management LLC purchased a new position in shares of Getty Images during the fourth quarter valued at approximately $248,000. Koch Inc. boosted its position in Getty Images by 42.8% during the fourth quarter. Koch Inc. now owns 115,259,246 shares of the company’s stock worth $154,447,000 after acquiring an additional 34,525,639 shares during the last quarter. Founders Financial Securities LLC purchased a new stake in Getty Images in the 4th quarter worth approximately $35,000. Finally, Nano Cap New Millennium Growth Fund L P purchased a new stake in Getty Images in the 4th quarter worth approximately $335,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Wall Street Analyst Weigh In

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

Getty Images News Roundup

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

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.