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Getty Images Holdings Inc (GETY) Stock Could Soon Reward Patient Investors

Getty Images Holdings Inc (NYSE: GETY) is -21.90% lower on its value in year-to-date trading and has touched a low of $3.62 and a high of $8.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GETY stock was last observed hovering at around $4.23 in the last trading session, with the day’s loss setting it -0.13%.

Currently trading at $4.10, the stock is -14.62% and -10.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing -3.07% at the moment leaves the stock -17.00% off its SMA200. GETY registered 1.74% gain for a year compared to 6-month loss of -31.32%. The firm has a 50-day simple moving average (SMA 50) of $3.27 and a 200-day simple moving average (SMA200) of $16.80.

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The stock witnessed a -6.82% gain in the last 1 month and extending the period to 3 months gives it a -25.45%, and is -13.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.12% over the week and 6.94% over the month.

Getty Images Holdings Inc (GETY) has around 1700 employees, a market worth around $1.65B and $916.55M in sales. Current P/E ratio is 91.72 and Fwd P/E is 24.17. Profit margin for the company is 2.11%. Distance from 52-week low is 13.26% and -49.88% from its 52-week high. The company has generated returns on investments over the last 12 months (0.93%).

Getty Images Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $225.61M over the same period.The EPS is expected to grow by 181.51% this year, but quarterly earnings will post 2.30% year-over-year. Quarterly sales are estimated to shrink -1.40% in year-over-year returns.

Getty Images Holdings Inc (GETY) Top Institutional Holders

48 institutions hold shares in Getty Images Holdings Inc (GETY), with institutional investors hold 92.93% of the company’s shares. The shares outstanding are 405.00M, and float is at 187.59M with Short Float at 1.78%. Institutions hold 45.88% of the Float.

The top institutional shareholder in the company is Koch Industries, Inc. with over 80.73 million shares valued at $331.01 million. The investor’s holdings represent 19.93% of the GETY Shares outstanding. As of Dec 30, 2023, the second largest holder is Neuberger Berman Group, LLC with 78.85 million shares valued at $323.28 million to account for 19.47% of the shares outstanding. The other top investors are Carlyle Group Inc. which holds 9.39 million shares representing 2.32% and valued at over $38.52 million, while Vanguard Group Inc holds 2.01% of the shares totaling 8.13 million with a market value of $33.34 million.

Getty Images Holdings Inc (GETY) Insider Activity

The most recent transaction is an insider sale by Chu Chinh,the company’sDirector. SEC filings show that Chu Chinh sold 193,670 shares of the company’s common stock on Mar 21 ’24 at a price of $4.81 per share for a total of $0.93 million. Following the sale, the insider now owns 9.4 million shares.

Getty Images Holdings Inc disclosed in a document filed with the SEC on Mar 20 ’24 that Chu Chinh (Director) sold a total of 238,520 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $4.95 per share for $1.18 million. Following the transaction, the insider now directly holds 9.6 million shares of the GETY stock.

Still, SEC filings show that on Mar 20 ’24, Leyden Jennifer (Chief Financial Officer) disposed off 37,448 shares at an average price of $4.96 for $0.19 million. The insider now directly holds 301,222 shares of Getty Images Holdings Inc (GETY).

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