Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden Sells 12,342 Shares

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 12,342 shares of Getty Images stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $2.20, for a total value of $27,152.40. Following the sale, the chief financial officer now directly owns 261,034 shares of the company’s stock, valued at approximately $574,274.80. This trade represents a 4.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Getty Images Price Performance

GETY opened at $2.29 on Friday. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79. The stock’s 50 day simple moving average is $3.18 and its 200 day simple moving average is $3.42. The firm has a market cap of $941.36 million, a price-to-earnings ratio of 19.08 and a beta of 1.86. Getty Images Holdings, Inc. has a 1 year low of $2.10 and a 1 year high of $5.77.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GETY. Spartan Fund Management Inc. bought a new stake in Getty Images during the 2nd quarter valued at $33,000. CIBC Asset Management Inc purchased a new position in shares of Getty Images in the second quarter valued at about $36,000. Intech Investment Management LLC bought a new position in shares of Getty Images during the third quarter valued at about $44,000. Aigen Investment Management LP purchased a new stake in shares of Getty Images during the third quarter worth about $48,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Getty Images in the second quarter worth about $44,000. Institutional investors own 45.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GETY. Macquarie boosted their target price on Getty Images from $3.50 to $3.75 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.61.

About Getty Images

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.