Barclays PLC Has $596,000 Stake in Getty Images Holdings, Inc. (NYSE:GETY)

Barclays PLC lifted its position in shares of Getty Images Holdings, Inc. (NYSE:GETY) by 47.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 156,216 shares of the company’s stock after buying an additional 49,995 shares during the quarter. Barclays PLC’s holdings in Getty Images were worth $596,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of GETY. Intech Investment Management LLC acquired a new position in shares of Getty Images during the 3rd quarter valued at $44,000. Aigen Investment Management LP bought a new stake in Getty Images in the third quarter valued at $48,000. Verition Fund Management LLC acquired a new position in shares of Getty Images during the third quarter valued at about $96,000. Renaissance Technologies LLC bought a new position in shares of Getty Images during the 2nd quarter worth about $91,000. Finally, SG Americas Securities LLC bought a new position in shares of Getty Images during the 3rd quarter worth about $135,000. Institutional investors own 45.75% of the company’s stock.

Analyst Upgrades and Downgrades

GETY has been the subject of a number of research analyst reports. Macquarie reaffirmed a “neutral” rating and issued a $3.75 target price on shares of Getty Images in a research report on Wednesday, January 8th. Benchmark restated a “buy” rating and set a $6.00 price objective on shares of Getty Images in a report on Friday, January 10th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Getty Images in a report on Wednesday, December 18th. Finally, Wedbush restated an “outperform” rating and set a $7.70 price target on shares of Getty Images in a research note on Tuesday, January 7th. One research 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’s stock. According to data from MarketBeat.com, Getty Images presently has an average rating of “Hold” and a consensus target price of $5.61.

Insider Buying and Selling

In related news, Director Chinh Chu sold 48,400 shares of the business’s stock in a transaction dated 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 directly owns 9,706,670 shares in the company, valued at approximately $39,312,013.50. The trade was a 0.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Neuberger Berman Group Llc sold 4,100,000 shares of the company’s stock in a transaction dated 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. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,241,511 shares of company stock worth $10,527,468. 12.30% of the stock is owned by corporate insiders.

Getty Images Stock Performance

Shares of GETY opened at $2.75 on Friday. The firm has a market capitalization of $1.13 billion, a P/E ratio of 22.88 and a beta of 1.93. Getty Images Holdings, Inc. has a 52 week low of $2.06 and a 52 week high of $5.77. The stock has a 50 day moving average price of $2.74 and a two-hundred day moving average price of $3.32. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.79.

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.