Getty Images Holdings, Inc. (NYSE:GETY) CMO Gene Foca Sells 6,174 Shares of Stock

Getty Images Holdings, Inc. (NYSE:GETY) CMO Gene Foca sold 6,174 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total transaction of $13,582.80. Following the completion of the sale, the chief marketing officer now directly owns 445,773 shares of the company’s stock, valued at $980,700.60. This represents a 1.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Getty Images Price Performance

Shares of GETY stock opened at $2.29 on Friday. The company has a market capitalization of $941.36 million, a P/E ratio of 19.08 and a beta of 1.86. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.84. Getty Images Holdings, Inc. has a 12 month low of $2.10 and a 12 month high of $5.77. The stock has a 50 day moving average of $3.18 and a two-hundred day moving average of $3.42.

Analysts Set New Price Targets

GETY has been the subject of several recent analyst reports. Macquarie upped their price target on Getty Images from $3.50 to $3.75 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $5.61.

Institutional Investors Weigh In On Getty Images

Institutional investors have recently bought and sold shares of the business. Spartan Fund Management Inc. bought a new position in Getty Images during the second quarter worth about $33,000. CIBC Asset Management Inc acquired a new position in Getty Images during the second quarter worth $36,000. Intech Investment Management LLC bought a new position in shares of Getty Images during the third quarter valued at $44,000. Aigen Investment Management LP acquired a new stake in shares of Getty Images in the 3rd quarter valued at $48,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Getty Images in the 2nd quarter worth about $44,000. Institutional investors and hedge funds 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.