Grant Farhall Sells 42,022 Shares of Getty Images (NYSE:GETY) Stock

Getty Images Holdings, Inc. (NYSE:GETYGet Free Report) insider Grant Farhall sold 42,022 shares of Getty Images 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 $32,777.16. Following the transaction, the insider owned 288,190 shares in the company, valued at approximately $224,788.20. The trade was a 12.73% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Getty Images Stock Up 0.3%

Shares of NYSE:GETY opened at $0.75 on Monday. Getty Images Holdings, Inc. has a 52-week low of $0.67 and a 52-week high of $3.21. The stock has a market cap of $312.07 million, a P/E ratio of -1.49 and a beta of 2.14. The business has a fifty day moving average of $0.96 and a two-hundred day moving average of $1.44. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.12.

Getty Images (NYSE:GETYGet Free Report) last announced its quarterly 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 firm had revenue of $282.29 million for the quarter, compared to analyst estimates of $246.17 million. On average, research analysts expect that Getty Images Holdings, Inc. will post 0.08 earnings per share for the current year.

Hedge Funds Weigh In On Getty Images

Several hedge funds have recently bought and sold shares of GETY. State of Alaska Department of Revenue acquired a new position in Getty Images in the 3rd quarter valued at about $25,000. Cerity Partners LLC acquired a new stake in shares of Getty Images during the second quarter worth about $32,000. Certuity LLC purchased a new position in shares of Getty Images in the fourth quarter valued at approximately $33,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Getty Images by 47.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,870 shares of the company’s stock valued at $33,000 after purchasing an additional 5,089 shares in the last quarter. Finally, Founders Financial Securities LLC acquired a new position in shares of Getty Images in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 45.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on GETY. Citigroup decreased their price objective on Getty Images from $1.85 to $0.85 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Zacks Research lowered shares of Getty Images from a “hold” rating to a “strong sell” rating in a report on Friday, March 20th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Getty Images in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Getty Images has a consensus rating of “Reduce” and a consensus target price of $3.78.

View Our Latest Report on GETY

Key Headlines Impacting 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

About Getty Images

(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.

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

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