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SEATTLE—Mikael Cho, the Senior Vice President of Getty Images Holdings, Inc. (NYSE:GETY), recently sold a significant portion of the company’s Class A common stock. According to a recent SEC filing, Cho sold a total of 26,543 shares in transactions that took place on March 25, 2025. The shares were sold at a weighted average price of $2.12, generating a total value of approximately $56,270. The transaction comes as the stock trades near its 52-week low of $1.90, having declined over 53% in the past year. InvestingPro analysis suggests the stock is currently trading below its Fair Value.
The transactions were executed in multiple trades, with prices ranging from $2.06 to $2.21 per share. These sales were conducted to cover mandatory tax withholding obligations related to the vesting and settlement of restricted stock units and performance restricted stock units. The sales were made under a Rule 10b5-1 trading plan, which had been previously established as part of Cho’s equity grant agreements. Despite recent price volatility, InvestingPro data shows Getty maintains strong fundamentals with a 73% gross profit margin and positive earnings expectations for 2025.
Following these transactions, Cho retains ownership of 123,862 shares directly and 107,198 shares indirectly through his spouse. Getty Images, headquartered in Seattle, continues to be a key player in the business services sector, providing a vast array of visual content and services. With a market capitalization of approximately $792 million and an EBITDA of $267 million in the last twelve months, the company maintains a solid market position. Discover more insights and 12 additional ProTips about GETY through a comprehensive Pro Research Report, available exclusively on InvestingPro.
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 of $245.49 million. The company’s adjusted EBITDA increased by 11.7%, and its net leverage fell below 4x for the first time in over a decade. Citi analysts resumed coverage of Getty Images with a Neutral rating and a price target of $2.45, citing challenges such as declining agency revenues but also highlighting potential benefits from an upcoming merger with Shutterstock (NYSE:SSTK). The merger, expected in the second half of 2025, could lead to significant cost savings and a shift towards subscription models.
Benchmark analysts maintained a Buy rating on Getty Images but lowered the price target to $4.50, noting a 1% revenue outperformance in the fourth quarter. The revision was due to weaker-than-expected revenues in the Creative and Editorial segments, although the ’Other’ revenue category, including data licensing, performed well. JMP analysts kept a Market Outperform rating for Getty Images with a $34.00 price target, citing robust earnings growth and revenue diversification. They emphasized the company’s strong portfolio performance and direct investment strategy despite a recent tenant bankruptcy.
Getty Images’ strategic focus on AI capabilities and content integration has further solidified its position in the market. The company has provided revenue guidance between $918 million and $955 million for 2025, with plans to continue investing in AI and content capabilities. These developments mark a pivotal point for Getty Images as it navigates economic pressures and prepares for its merger with Shutterstock.
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