Jane Street Group LLC Grows Stock Position in Getty Images Holdings, Inc. (NYSE:GETY)

Jane Street Group LLC grew its holdings in shares of Getty Images Holdings, Inc. (NYSE:GETY) by 139.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,712 shares of the company’s stock after buying an additional 39,477 shares during the period. Jane Street Group LLC’s holdings in Getty Images were worth $258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of GETY. Principal Financial Group Inc. acquired a new position in Getty Images during the 2nd quarter worth approximately $44,000. Intech Investment Management LLC acquired a new stake in shares of Getty Images during the 3rd quarter worth $44,000. Aigen Investment Management LP acquired a new stake in Getty Images in the 3rd quarter valued at $48,000. Renaissance Technologies LLC acquired a new stake in Getty Images in the 2nd quarter valued at $91,000. Finally, Verition Fund Management LLC purchased a new position in Getty Images in the 3rd quarter valued at about $96,000. 45.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, major shareholder Neuberger Berman Group Llc sold 4,100,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $2.46, for a total transaction of $10,086,000.00. Following the transaction, the insider now owns 74,175,262 shares in the company, valued at approximately $182,471,144.52. This trade represents a 5.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Chinh Chu sold 48,400 shares of the firm’s stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $4.05, for a total transaction of $196,020.00. Following the transaction, the director now owns 9,706,670 shares in the company, valued at $39,312,013.50. This represents a 0.50 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,266,876 shares of company stock valued at $10,629,182. Company insiders own 12.30% of the company’s stock.

Getty Images Price Performance

NYSE GETY opened at $2.63 on Friday. The company’s 50 day simple moving average is $2.87 and its 200 day simple moving average is $3.33. Getty Images Holdings, Inc. has a 12 month low of $2.06 and a 12 month high of $5.77. 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 firm has a market capitalization of $1.08 billion, a PE ratio of 21.92 and a beta of 1.93.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on GETY shares. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. Benchmark reaffirmed a “buy” rating and set a $6.00 price target on shares of Getty Images in a research report on Friday. Macquarie reaffirmed a “neutral” rating and set a $3.75 price target on shares of Getty Images in a research report on Wednesday. Finally, Wedbush reaffirmed an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research report on Tuesday. 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 stock. Based on data from MarketBeat, Getty Images has a consensus rating of “Hold” and an average 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.