Getty Images Holdings, Inc. (NYSE:GETY) Receives $6.35 Average Target Price from Analysts

Shares of Getty Images Holdings, Inc. (NYSE:GETY) have earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $6.35.

A number of research analysts recently issued reports on the stock. Wedbush reissued an “outperform” rating and issued a $7.70 price objective on shares of Getty Images in a research note on Friday, March 15th. Citigroup upped their target price on Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a report on Friday, March 15th. Finally, Benchmark boosted their price target on Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Friday, March 15th.

Insider Activity at Getty Images

In related news, SVP Peter Orlowsky sold 22,579 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $4.96, for a total value of $111,991.84. Following the transaction, the senior vice president now owns 211,872 shares in the company, valued at $1,050,885.12. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Getty Images news, SVP Peter Orlowsky sold 22,579 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $4.96, for a total transaction of $111,991.84. Following the sale, the senior vice president now owns 211,872 shares in the company, valued at $1,050,885.12. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Chris Hoel sold 32,663 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $5.00, for a total value of $163,315.00. Following the completion of the sale, the chief accounting officer now owns 53,626 shares in the company, valued at approximately $268,130. The disclosure for this sale can be found here. In the last three months, insiders sold 1,253,325 shares of company stock valued at $5,584,594. 13.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Skandinaviska Enskilda Banken AB publ bought a new stake in Getty Images during the 3rd quarter valued at approximately $26,000. UBS Group AG purchased a new position in shares of Getty Images during the first quarter valued at approximately $28,000. Tower Research Capital LLC TRC purchased a new position in shares of Getty Images during the third quarter valued at approximately $28,000. Lazard Asset Management LLC purchased a new position in shares of Getty Images during the second quarter valued at approximately $41,000. Finally, Delphia USA Inc. purchased a new position in shares of Getty Images during the first quarter valued at approximately $64,000. 45.75% of the stock is owned by institutional investors.

Getty Images Trading Up 1.3 %

Shares of GETY stock opened at $3.82 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.05. The firm has a 50 day moving average price of $4.46 and a two-hundred day moving average price of $4.76. Getty Images has a 12-month low of $3.65 and a 12-month high of $8.18. The company has a market capitalization of $1.55 billion, a PE ratio of 95.50 and a beta of 2.12.

Getty Images (NYSE:GETY) last released its quarterly earnings results on Thursday, March 14th. The company reported $0.09 EPS for the quarter. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. The business had revenue of $225.94 million for the quarter, compared to the consensus estimate of $227.00 million. As a group, analysts predict that Getty Images will post 0.06 earnings per share for the current year.

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.