Kenneth Arrigo Mainardis Sells 29,565 Shares of Getty Images (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) SVP Kenneth Arrigo Mainardis sold 29,565 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $0.78, for a total transaction of $23,060.70. Following the sale, the senior vice president directly owned 217,576 shares of the company’s stock, valued at approximately $169,709.28. This trade represents a 11.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Getty Images Trading Up 0.3%

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

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

Analyst Ratings Changes

A number of research firms have issued reports on GETY. Weiss Ratings reiterated a “sell (d)” rating on shares of Getty Images in a report on Thursday, January 22nd. Citigroup reduced 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. Finally, Zacks Research lowered Getty Images from a “hold” rating to a “strong sell” rating in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $3.78.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue acquired a new stake in shares of Getty Images in the 3rd quarter valued at approximately $25,000. Cerity Partners LLC bought a new stake in Getty Images during the second quarter worth $32,000. Certuity LLC acquired a new stake in Getty Images in the fourth quarter valued at $33,000. Wealth Enhancement Advisory Services LLC grew its position in shares of 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 acquiring an additional 5,089 shares during the period. Finally, Founders Financial Securities LLC bought a new position in shares of Getty Images in the 4th quarter valued at about $35,000. 45.75% of the stock is owned by institutional investors and hedge funds.

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

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.