Getty Images’ (GETY) Underweight Rating Reaffirmed at JPMorgan Chase & Co.

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

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

Getty Images Price Performance

Shares of NYSE:GETY opened at $2.29 on Wednesday. The company’s fifty day moving average is $3.34 and its 200 day moving average is $3.47. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.84. Getty Images has a 52 week low of $2.21 and a 52 week high of $5.77. The stock has a market cap of $941.36 million, a PE ratio of 19.08 and a beta of 1.86.

Insider Buying and Selling at Getty Images

In other news, 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 directly owns 74,175,262 shares of the company’s stock, valued at approximately $182,471,144.52. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Kjelti Wilkes Kellough sold 8,070 shares of the company’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 $29,132.70. Following the transaction, the general counsel now owns 258,630 shares of the company’s stock, valued at approximately $933,654.30. This represents a 3.03 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,269,927 shares of company stock worth $10,739,630. 12.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Getty Images

Several institutional investors and hedge funds have recently modified their holdings of GETY. Spartan Fund Management Inc. purchased a new position in shares of Getty Images during the second quarter valued at about $33,000. CIBC Asset Management Inc purchased a new position in shares of Getty Images during the 2nd quarter worth approximately $36,000. Intech Investment Management LLC bought a new position in shares of Getty Images in the 3rd quarter worth approximately $44,000. Aigen Investment Management LP purchased a new position in shares of Getty Images in the 3rd quarter valued at approximately $48,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Getty Images during the second quarter valued at approximately $44,000. 45.75% of the stock is owned by hedge funds and other institutional investors.

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.