Verition Fund Management LLC Invests $96,000 in Getty Images Holdings, Inc. (NYSE:GETY)

Verition Fund Management LLC purchased a new stake in shares of Getty Images Holdings, Inc. (NYSE:GETY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,125 shares of the company’s stock, valued at approximately $96,000.

Other large investors have also recently added to or reduced their stakes in the company. MetLife Investment Management LLC grew its position in Getty Images by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 60,238 shares of the company’s stock worth $230,000 after purchasing an additional 33,942 shares during the last quarter. FMR LLC grew its position in Getty Images by 5.0% in the third quarter. FMR LLC now owns 166,221 shares of the company’s stock worth $633,000 after buying an additional 7,897 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Getty Images by 12.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 524,987 shares of the company’s stock worth $2,000,000 after acquiring an additional 58,135 shares during the last quarter. Intech Investment Management LLC acquired a new stake in Getty Images during the 3rd quarter worth about $44,000. Finally, Victory Capital Management Inc. raised its holdings in shares of Getty Images by 138.5% during the third quarter. Victory Capital Management Inc. now owns 59,145 shares of the company’s stock valued at $225,000 after acquiring an additional 34,349 shares during the period. 45.75% of the stock is currently owned by institutional investors.

Getty Images Stock Down 2.3 %

Getty Images stock opened at $2.57 on Wednesday. Getty Images Holdings, Inc. has a twelve month low of $2.54 and a twelve month high of $5.77. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market cap of $1.06 billion, a PE ratio of 21.42 and a beta of 1.86. The firm’s 50 day moving average price is $3.40 and its two-hundred day moving average price is $3.48.

Insider Activity

In other Getty Images news, CFO Jennifer Leyden sold 12,124 shares of Getty Images stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $3.61, for a total value of $43,767.64. Following the completion of the sale, the chief financial officer now directly owns 273,376 shares in the company, valued at $986,887.36. The trade was a 4.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Neuberger Berman Group Llc sold 4,100,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $2.46, for a total transaction of $10,086,000.00. Following the completion of the sale, the insider now directly owns 74,175,262 shares of the company’s stock, valued at $182,471,144.52. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,269,927 shares of company stock worth $10,739,630 in the last ninety days. Corporate insiders own 12.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Macquarie lifted their price target on Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a report on Wednesday, November 13th.

Getty Images 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.