Getty Images (NYSE:GETY) Receives Underweight Rating from JPMorgan Chase & Co.

Getty Images (NYSE:GETY)‘s stock had its “underweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a report issued on Wednesday, Marketbeat Ratings reports.

Separately, Macquarie boosted their price objective on Getty Images from $3.50 to $3.75 and gave the company a “neutral” rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.61.

Getty Images Stock Down 2.3 %

Shares of NYSE GETY opened at $2.57 on Wednesday. Getty Images has a 52-week low of $2.54 and a 52-week high of $5.77. The business’s 50 day moving average is $3.40 and its two-hundred day moving average is $3.48. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 21.42 and a beta of 1.86. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84.

Insider Buying and Selling at Getty Images

In related news, CEO Craig Warren Peters sold 32,170 shares of the firm’s 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 $116,133.70. Following the sale, the chief executive officer now owns 1,245,401 shares of the company’s stock, valued at $4,495,897.61. This trade represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, the insider now owns 74,175,262 shares of the company’s stock, valued at $182,471,144.52. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,269,927 shares of company stock valued at $10,739,630 in the last 90 days. Company insiders own 12.30% of the company’s stock.

Hedge Funds Weigh In On Getty Images

Large investors have recently bought and sold shares of the business. Spartan Fund Management Inc. acquired a new position in shares of Getty Images during the 2nd quarter worth about $33,000. CIBC Asset Management Inc acquired a new position in Getty Images in the second quarter valued at approximately $36,000. Principal Financial Group Inc. acquired a new position in Getty Images in the second quarter valued at approximately $44,000. Intech Investment Management LLC purchased a new position in Getty Images in the third quarter valued at approximately $44,000. Finally, Aigen Investment Management LP acquired a new stake in Getty Images during the third quarter worth approximately $48,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

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.