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

Getty Images Holdings, Inc. (NYSE:GETY) CFO Jennifer Leyden sold 12,342 shares of Getty Images 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 $27,152.40. Following the completion of the sale, the chief financial officer now directly owns 261,034 shares in the company, valued at $574,274.80. This trade represents a 4.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Getty Images Stock Performance

NYSE GETY opened at $2.19 on Friday. The company’s 50 day simple moving average is $3.14 and its two-hundred day simple moving average is $3.41. The stock has a market capitalization of $900.25 million, a PE ratio of 18.25 and a beta of 1.86. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.79 and a quick ratio of 0.79. Getty Images Holdings, Inc. has a 1 year low of $2.10 and a 1 year high of $5.77.

Institutional Investors Weigh In On Getty Images

A number of institutional investors and hedge funds have recently made changes to their positions in GETY. Dimensional Fund Advisors LP grew its position in 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 buying an additional 7,267 shares in the last quarter. FMR LLC boosted its position in shares of Getty Images by 5.0% during the 3rd quarter. FMR LLC now owns 166,221 shares of the company’s stock valued at $633,000 after acquiring an additional 7,897 shares during the last quarter. Spartan Fund Management Inc. purchased a new position in shares of Getty Images during the second quarter worth about $33,000. CIBC Asset Management Inc bought a new position in shares of Getty Images in the second quarter worth approximately $36,000. Finally, Intech Investment Management LLC purchased a new stake in Getty Images in the third quarter valued at approximately $44,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

Wall Street Analysts Forecast Growth

GETY has been the topic of several research reports. Macquarie boosted their target price on Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. JPMorgan Chase & Co. reaffirmed 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 assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock 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.