Getty Images Holdings, Inc. (NYSE:GETY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Getty Images Holdings, Inc. (NYSE:GETY) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $6.35.

Several research analysts recently weighed in on GETY shares. Benchmark boosted their price target on shares of Getty Images from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Wedbush restated an “outperform” rating and set a $7.70 price target on shares of Getty Images in a report on Friday, March 15th. Finally, Citigroup boosted their price target on shares of Getty Images from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th.

Getty Images Trading Up 2.7 %

GETY opened at $4.05 on Friday. Getty Images has a 1-year low of $3.65 and a 1-year 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 cap of $1.64 billion, a P/E ratio of 101.13 and a beta of 2.12. The company has a fifty day moving average price of $4.49 and a two-hundred day moving average price of $4.83.

Getty Images (NYSE:GETY) last issued its quarterly earnings data on Thursday, March 14th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $225.94 million during the quarter, compared to analysts’ expectations of $227.00 million. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. Analysts predict that Getty Images will post 0.06 EPS for the current fiscal year.

Insider Activity

In other news, SVP Peter Orlowsky sold 22,579 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $4.96, for a total value of $111,991.84. Following the sale, the senior vice president now owns 211,872 shares of the company’s stock, valued at $1,050,885.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, SVP Peter Orlowsky sold 22,579 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $4.96, for a total value of $111,991.84. Following the sale, the senior vice president now owns 211,872 shares of the company’s stock, valued at $1,050,885.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Chinh Chu sold 238,520 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $4.95, for a total transaction of $1,180,674.00. Following the completion of the sale, the director now directly owns 9,598,182 shares in the company, valued at approximately $47,511,000.90. The disclosure for this sale can be found here. Insiders have sold a total of 1,214,837 shares of company stock valued at $5,429,103 over the last quarter. Company insiders own 13.00% of the company’s stock.

Institutional Trading of Getty Images

A number of hedge funds and other institutional investors have recently bought and sold shares of GETY. Tower Research Capital LLC TRC bought a new stake in Getty Images during the 3rd quarter worth approximately $28,000. State Street Corp bought a new stake in Getty Images during the 3rd quarter worth approximately $73,000. Victory Capital Management Inc. increased its holdings in Getty Images by 60.3% during the 4th quarter. Victory Capital Management Inc. now owns 22,644 shares of the company’s stock worth $144,000 after acquiring an additional 8,519 shares during the period. Advisor Group Holdings Inc. increased its holdings in Getty Images by 90,312.5% during the 4th quarter. Advisor Group Holdings Inc. now owns 28,932 shares of the company’s stock worth $160,000 after acquiring an additional 28,900 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Getty Images by 167.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 30,987 shares of the company’s stock worth $172,000 after buying an additional 19,394 shares during the last quarter. Institutional investors own 45.75% of the company’s stock.

Getty Images Company Profile

Getty Images Holdings, Inc offers creative and editorial visual content solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its products include Getty Images that offers creative and editorial content including stills, music and video which focuses on corporate, agency, and media customers; iStock.com, an e-commerce offering where customers have access to creative stills and video; Unsplash.com, a platform offering free stock photo downloads and paid subscriptions targeted to the high-growth prosumer and semi-professional creator segments; and Unsplash+ that provides access to unique model released content with expanded legal protections.