Nathaniel Gandert Sells 21,349 Shares of Getty Images (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETYGet Free Report) CTO Nathaniel Gandert sold 21,349 shares of the firm’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 value of $16,652.22. Following the transaction, the chief technology officer owned 590,242 shares of the company’s stock, valued at $460,388.76. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Getty Images Stock Up 0.3%

Shares of NYSE:GETY opened at $0.75 on Monday. The company’s fifty day moving average is $0.96 and its 200-day moving average is $1.44. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.77 and a current ratio of 0.77. Getty Images Holdings, Inc. has a 52 week low of $0.67 and a 52 week high of $3.21. 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:GETYGet Free Report) last released its quarterly earnings results on Monday, March 16th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.25). Getty Images had a negative return on equity of 25.05% and a negative net margin of 21.00%.The business had revenue of $282.29 million for the quarter, compared to the consensus estimate of $246.17 million. Equities research analysts predict that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Getty Images

Several institutional investors have recently modified their holdings of GETY. Cerity Partners LLC bought a new stake in Getty Images during the 2nd quarter worth approximately $32,000. Alpine Global Management LLC bought a new position in Getty Images in the fourth quarter valued at approximately $98,000. Ionic Capital Management LLC acquired a new position in shares of Getty Images in the fourth quarter valued at approximately $248,000. Koch Inc. increased its position in shares of 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 in the last quarter. Finally, Founders Financial Securities LLC bought a new stake in shares of Getty Images during the fourth quarter worth $35,000. Institutional investors own 45.75% of the company’s stock.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on GETY shares. Zacks Research lowered shares of Getty Images from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. Citigroup reduced their price objective on shares of Getty Images from $1.85 to $0.85 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Getty Images in a research report on Thursday, January 22nd. One 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. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $3.78.

View Our Latest Stock Analysis on GETY

Getty Images Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Getty Images (NYSE:GETY)

Receive News & Ratings for Getty Images Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Getty Images and related companies with MarketBeat.com's FREE daily email newsletter.