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SEATTLE—Nathaniel Gandert, the Chief Technology Officer of Getty Images Holdings, Inc. (NYSE:GETY), recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Gandert sold 15,859 shares of Class A common stock on March 25, 2025. The shares were sold at a weighted average price of $2.12, generating a total of $33,621. The transaction comes as Getty Images trades near its 52-week low of $1.90, with the stock down over 50% in the past year. According to InvestingPro analysis, the company appears undervalued at current levels.
The transaction was executed as part of a Rule 10b5-1 trading plan, which was in place to cover mandatory tax withholding obligations linked to the vesting and settlement of restricted stock units and performance restricted stock units. These trading plans allow company insiders to set up a predetermined plan to sell stocks, helping to avoid potential accusations of insider trading. InvestingPro data shows Getty Images maintains strong fundamentals with a 73% gross profit margin and positive earnings expectations for 2025. For deeper insights into Getty Images’ valuation and 12+ additional ProTips, check out the comprehensive Pro Research Report.
Following this transaction, Gandert maintains direct ownership of 534,377 shares in Getty Images. The sale was conducted in multiple trades with prices ranging from $2.06 to $2.21. Gandert has committed to providing additional details about these trades upon request to regulatory bodies or interested parties.
In other recent news, Getty Images Holdings Inc. reported strong financial results for the fourth quarter of 2024, with revenue reaching $247.3 million, surpassing forecasts. The company’s adjusted EBITDA also saw a significant increase, growing by 11.7%. Analysts from Benchmark revised their financial outlook for Getty Images, lowering their 2025 revenue estimate due to weaker-than-expected performance in certain segments, but they maintained a Buy rating. Meanwhile, Citi analysts resumed coverage with a Neutral rating and a price target of $2.45, reflecting cautious optimism amid economic pressures and the potential benefits of Getty’s upcoming merger with Shutterstock (NYSE:SSTK).
This merger, anticipated to close in the second half of 2025, is expected to bring substantial cost savings and a strategic shift towards subscription models. JMP analysts maintained a Market Outperform rating for Getty Images, citing robust earnings growth and revenue diversification as key strengths. The company’s consistent earnings and dividend growth, alongside a healthy portfolio coverage ratio, were highlighted as positive factors. Despite some challenges, Getty Images’ strategic focus on AI capabilities and content integration continues to strengthen its market position.
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