Barclays PLC Acquires 49,995 Shares of Getty Images Holdings, Inc. (NYSE:GETY)

Barclays PLC lifted its holdings in Getty Images Holdings, Inc. (NYSE:GETY) by 47.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 156,216 shares of the company’s stock after acquiring an additional 49,995 shares during the period. Barclays PLC’s holdings in Getty Images were worth $596,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. CIBC Asset Management Inc acquired a new position in shares of Getty Images during the 2nd quarter worth approximately $36,000. Intech Investment Management LLC bought a new stake in shares of Getty Images in the third quarter valued at approximately $44,000. Principal Financial Group Inc. acquired a new stake in Getty Images during the second quarter worth approximately $44,000. Aigen Investment Management LP bought a new position in Getty Images during the 3rd quarter worth $48,000. Finally, Renaissance Technologies LLC acquired a new position in Getty Images in the 2nd quarter valued at $91,000. 45.75% of the stock is owned by institutional investors.

Insider Activity at Getty Images

In other news, CEO Craig Warren Peters sold 32,753 shares of the company’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $2.20, for a total transaction of $72,056.60. Following the completion of the transaction, the chief executive officer now directly owns 1,212,648 shares in the company, valued at approximately $2,667,825.60. This represents a 2.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Neuberger Berman Group Llc sold 4,100,000 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $2.46, for a total value of $10,086,000.00. Following the completion of the transaction, the insider now owns 74,175,262 shares of the company’s stock, valued at $182,471,144.52. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,266,876 shares of company stock valued at $10,629,182 over the last ninety days. 12.30% of the stock is owned by corporate insiders.

Getty Images Trading Up 2.9 %

Shares of GETY stock opened at $2.16 on Thursday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79. Getty Images Holdings, Inc. has a fifty-two week low of $2.06 and a fifty-two week high of $5.77. The company has a market cap of $887.92 million, a PE ratio of 18.00 and a beta of 1.86. The stock’s fifty day moving average price is $3.07 and its two-hundred day moving average price is $3.38.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GETY. Macquarie increased their target price on Getty Images from $3.50 to $3.75 and gave the stock a “neutral” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Getty Images in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Getty Images presently has a consensus rating of “Hold” and a consensus target price of $5.61.

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.