Peter Orlowsky Sells 22,081 Shares of Getty Images (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETY) SVP Peter Orlowsky sold 22,081 shares of the firm’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 $17,223.18. Following the sale, the senior vice president directly owned 252,890 shares of the company’s stock, valued at approximately $197,254.20. The trade was a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Getty Images Stock Performance

Getty Images stock 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 company has a debt-to-equity ratio of 2.12, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market capitalization of $312.07 million, a price-to-earnings ratio of -1.49 and a beta of 2.14. The firm’s fifty day moving average price is $0.96 and its 200 day moving average price is $1.44.

Getty Images (NYSE:GETY) last announced its earnings results on Monday, March 16th. The company reported ($0.22) earnings per share 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 business had revenue of $282.29 million for the quarter, compared to analyst estimates of $246.17 million. On average, research analysts forecast that Getty Images Holdings, Inc. will post 0.08 EPS for the current fiscal year.

Hedge Funds Weigh In On Getty Images

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Alpine Global Management LLC bought a new position in shares of Getty Images during the fourth quarter valued at approximately $98,000. Invesco Ltd. boosted its position in Getty Images by 39.2% during the 4th quarter. Invesco Ltd. now owns 251,944 shares of the company’s stock valued at $338,000 after purchasing an additional 70,935 shares during the period. Readystate Asset Management LP acquired a new position in Getty Images during the 4th quarter valued at approximately $3,071,000. Millennium Management LLC grew its stake in Getty Images by 160.7% during the 4th quarter. Millennium Management LLC now owns 1,530,821 shares of the company’s stock worth $2,051,000 after buying an additional 943,567 shares during the last quarter. Finally, Ionic Capital Management LLC acquired a new stake in Getty Images in the fourth quarter worth $248,000. 45.75% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Getty Images

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

Analysts Set New Price Targets

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