Getty Images’ (GETY) “Underweight” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their underweight rating on shares of Getty Images (NYSE:GETY) in a research report report published on Wednesday, Marketbeat reports.

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

Getty Images Stock Down 0.4 %

Shares of NYSE:GETY opened at $2.28 on Wednesday. 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 has a 52-week low of $2.20 and a 52-week high of $5.77. The business’s 50 day simple moving average is $3.31 and its two-hundred day simple moving average is $3.46. The firm has a market cap of $937.25 million, a P/E ratio of 19.00 and a beta of 1.86.

Insider Transactions at Getty Images

In related news, CFO Jennifer Leyden sold 12,124 shares of Getty Images stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $3.61, for a total transaction of $43,767.64. Following the sale, the chief financial officer now directly owns 273,376 shares in the company, valued at approximately $986,887.36. This trade represents a 4.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Kjelti Wilkes Kellough sold 8,070 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $3.61, for a total value of $29,132.70. Following the completion of the transaction, the general counsel now owns 258,630 shares of the company’s stock, valued at $933,654.30. This trade represents a 3.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,269,927 shares of company stock valued at $10,739,630 over the last ninety days. 12.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. purchased a new position in shares of Getty Images during the 3rd quarter valued at $221,000. Barclays PLC lifted its holdings in Getty Images by 47.1% during the third quarter. Barclays PLC now owns 156,216 shares of the company’s stock valued at $596,000 after purchasing an additional 49,995 shares during the last quarter. Geode Capital Management LLC boosted its position in Getty Images by 5.6% during the third quarter. Geode Capital Management LLC now owns 1,663,955 shares of the company’s stock worth $6,340,000 after purchasing an additional 88,533 shares during the period. Jane Street Group LLC increased its stake in shares of Getty Images by 139.8% in the third quarter. Jane Street Group LLC now owns 67,712 shares of the company’s stock worth $258,000 after purchasing an additional 39,477 shares in the last quarter. Finally, State Street Corp raised its position in shares of Getty Images by 46.3% in the third quarter. State Street Corp now owns 1,474,167 shares of the company’s stock valued at $5,617,000 after purchasing an additional 466,521 shares during the period. 45.75% of the stock is owned by institutional investors.

Getty Images Company 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.