Getty Images Holdings, Inc. (NYSE:GETY – Get Free Report) CMO Gene Foca sold 6,062 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $3.61, for a total value of $21,883.82. Following the completion of the sale, the chief marketing officer now owns 451,947 shares in the company, valued at $1,631,528.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Getty Images Price Performance
Getty Images stock traded up $0.02 during mid-day trading on Thursday, hitting $3.77. 279,727 shares of the company were exchanged, compared to its average volume of 512,211. Getty Images Holdings, Inc. has a 12-month low of $2.88 and a 12-month high of $6.57. The company has a market capitalization of $1.55 billion, a P/E ratio of 62.83 and a beta of 2.05. The business’s 50 day simple moving average is $3.54 and its two-hundred day simple moving average is $3.73. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.78 and a quick ratio of 0.78.
Getty Images (NYSE:GETY – Get Free Report) last released its earnings results on Friday, August 9th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Getty Images had a return on equity of 9.36% and a net margin of 4.19%. The firm had revenue of $229.14 million during the quarter, compared to analysts’ expectations of $228.42 million. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Analysts forecast that Getty Images Holdings, Inc. will post 0.11 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on Getty Images
Institutional Investors Weigh In On Getty Images
Large investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company increased its stake in shares of Getty Images by 136.7% in the second quarter. The Manufacturers Life Insurance Company now owns 68,268 shares of the company’s stock worth $223,000 after buying an additional 39,423 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Getty Images in the 2nd quarter valued at about $91,000. Dimensional Fund Advisors LP lifted its position in shares of Getty Images by 18.1% during the second quarter. Dimensional Fund Advisors LP now owns 47,447 shares of the company’s stock worth $155,000 after purchasing an additional 7,267 shares during the last quarter. Rhumbline Advisers bought a new stake in Getty Images in the second quarter valued at about $392,000. Finally, CIBC Asset Management Inc bought a new position in Getty Images during the 2nd quarter worth approximately $36,000. 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.
Featured Articles
- Five stocks we like better than Getty Images
- How to Use the MarketBeat Dividend Calculator
- Rocket Lab Stock Soars: Should Investors Chase the Rally?
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- KB Home Slips After Earnings: What’s Next for Homebuilders?
- EV Stocks and How to Profit from Them
- Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Receive News & Ratings for Getty Images Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Getty Images and related companies with MarketBeat.com's FREE daily email newsletter.