In the last trading session, 1.49 million Getty Images Holdings Inc (NYSE:GETY) shares changed hands as the company’s beta touched 1.88. With the company’s per share price at $1.86 changed hands at $0.14 or 8.14% during last session, the market valuation stood at $768.96M. GETY’s last price was a discount, traded about -141.4% off its 52-week high of $4.49. The share price had its 52-week low at $1.25, which suggests the last value was 32.8% up since then. When we look at Getty Images Holdings Inc’s average trading volume, we note the 10-day average is 0.67 million shares, with the 3-month average coming to 797.61K.
Analysts gave the Getty Images Holdings Inc (GETY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended GETY as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Getty Images Holdings Inc (NYSE:GETY) trade information
Instantly GETY was in green as seen at the end of in last trading. With action 9.41%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -50.79%, with the 5-day performance at 9.41% in the green. However, in the 30-day time frame, Getty Images Holdings Inc (NYSE:GETY) is 3.33% up. Looking at the short shares, we see there were 10.3 million shares sold at short interest cover period of 11.0 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 73.43% from its current market value. According to analyst projections, GETY’s forecast low is 5 with 7.7 as the target high. To hit the forecast high, the stock’s price needs a -313.98% plunge from its current level, while the stock would need to soar -168.82% for it to hit the projected low.
Getty Images Holdings Inc (NYSE:GETY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 70.19% of Getty Images Holdings Inc shares while 28.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.54%. There are 28.78% institutions holding the Getty Images Holdings Inc stock share, with KOCH INDUSTRIES INC the top institutional holder. As of 2024-06-30, the company held 19.7398% of the shares, roughly 80.73 million GETY shares worth $263.19 million.
NEUBERGER BERMAN GROUP LLC holds the second largest percentage of outstanding shares, with 19.1387% or 78.28 million shares worth $255.18 million as of 2024-06-30.
