Getty Images Holdings, Inc. (NYSE:GETY) CMO Gene Foca Sells 29,289 Shares

Getty Images Holdings, Inc. (NYSE:GETY) CMO Gene Foca sold 29,289 shares of the stock in a transaction on Monday, March 25th. The stock was sold at an average price of $4.41, for a total transaction of $129,164.49. Following the completion of the sale, the chief marketing officer now directly owns 430,973 shares of the company’s stock, valued at approximately $1,900,590.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Getty Images Stock Performance

GETY stock opened at $4.26 on Thursday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market cap of $1.73 billion, a P/E ratio of 106.50 and a beta of 2.15. The firm has a 50 day simple moving average of $4.56 and a 200 day simple moving average of $4.99. Getty Images Holdings, Inc. has a 52 week low of $3.65 and a 52 week high of $8.18.

Getty Images (NYSE:GETY) last issued its quarterly earnings data on Thursday, March 14th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $225.94 million for the quarter, compared to analyst estimates of $227.00 million. Getty Images had a net margin of 2.11% and a return on equity of 9.30%. Research analysts anticipate that Getty Images Holdings, Inc. will post 0.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Getty Images

Institutional investors have recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Getty Images in the third quarter valued at approximately $26,000. Tower Research Capital LLC TRC bought a new position in Getty Images during the third quarter worth $28,000. UBS Group AG bought a new position in Getty Images during the first quarter worth $28,000. Lazard Asset Management LLC bought a new position in Getty Images during the second quarter worth $41,000. Finally, State Street Corp bought a new position in Getty Images during the third quarter worth $73,000. Institutional investors own 45.75% of the company’s stock.

Wall Street Analysts Forecast Growth

GETY has been the subject of several analyst reports. Wedbush restated an “outperform” rating and issued a $7.70 target price on shares of Getty Images in a research note on Friday, March 15th. Benchmark upped their target price on shares of Getty Images from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Finally, Citigroup upped their target price on shares of Getty Images from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Getty Images presently has an average rating of “Moderate Buy” and an average target price of $6.35.

About Getty Images

Getty Images Holdings, Inc operates as a creator and distributor of award-winning still imagery, video, music, and multimedia products. The company provides other forms of premium digital content, including music. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, and books.