Getty Images Holdings, Inc. (NYSE:GETY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Getty Images Holdings, Inc. (NYSE:GETY) have been given a consensus recommendation of “Hold” by the five ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $3.7833.

A number of research analysts have commented on GETY shares. Weiss Ratings restated a “sell (d)” rating on shares of Getty Images in a research note on Thursday, January 22nd. Citigroup reduced 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. Finally, Wedbush reaffirmed an “outperform” rating and issued a $7.00 price objective on shares of Getty Images in a research report on Friday, October 31st.

Getty Images Stock Performance

Shares of GETY stock opened at $0.70 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.96. The company has a market cap of $290.27 million, a PE ratio of -3.17 and a beta of 2.07. The company’s fifty day simple moving average is $1.18 and its 200-day simple moving average is $1.61. Getty Images has a 52 week low of $0.67 and a 52 week high of $3.21.

Insiders Place Their Bets

In related news, CEO Craig Warren Peters sold 31,298 shares of Getty Images stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $1.27, for a total transaction of $39,748.46. Following the sale, the chief executive officer owned 1,215,438 shares of the company’s stock, valued at $1,543,606.26. The trade was a 2.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have sold 76,397 shares of company stock worth $97,275. 11.20% of the stock is currently owned by company insiders.

Institutional Trading of Getty Images

A number of hedge funds and other institutional investors have recently modified their holdings of GETY. AQR Capital Management LLC boosted its holdings in Getty Images by 1,201.6% in the first quarter. AQR Capital Management LLC now owns 275,296 shares of the company’s stock valued at $476,000 after purchasing an additional 254,146 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Getty Images by 228.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 34,798 shares of the company’s stock valued at $58,000 after purchasing an additional 24,195 shares in the last quarter. Ground Swell Capital LLC purchased a new position in shares of Getty Images during the 2nd quarter valued at approximately $47,000. Wolverine Asset Management LLC boosted its stake in shares of Getty Images by 30.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 150,127 shares of the company’s stock valued at $249,000 after buying an additional 35,000 shares during the last quarter. Finally, GAM Holding AG acquired a new stake in shares of Getty Images during the second quarter worth approximately $124,000. 45.75% of the stock is owned by hedge funds and other institutional investors.

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.