Fintel reports that on August 15, 2023, Wedbush reiterated coverage of Getty Images Holdings Inc - (NYSE:GETY) with a Outperform recommendation.
Analyst Price Forecast Suggests 60.47% Upside
As of August 2, 2023, the average one-year price target for Getty Images Holdings Inc - is 7.30. The forecasts range from a low of 6.06 to a high of $8.40. The average price target represents an increase of 60.47% from its latest reported closing price of 4.55.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Getty Images Holdings Inc - is 996MM, an increase of 7.88%. The projected annual non-GAAP EPS is 0.21.
What is the Fund Sentiment?
There are 50 funds or institutions reporting positions in Getty Images Holdings Inc -. This is an increase of 1 owner(s) or 2.04% in the last quarter. Average portfolio weight of all funds dedicated to GETY is 0.69%, an increase of 9.89%. Total shares owned by institutions decreased in the last three months by 0.49% to 172,089K shares. 
The put/call ratio of GETY is 0.91, indicating a bullish outlook.
What are Other Shareholders Doing?
Koch Industries holds 80,734K shares representing 20.33% ownership of the company. In it's prior filing, the firm reported owning 80,499K shares, representing an increase of 0.29%. The firm increased its portfolio allocation in GETY by 7.02% over the last quarter.
Neuberger Berman Group holds 78,848K shares representing 19.86% ownership of the company. In it's prior filing, the firm reported owning 78,922K shares, representing a decrease of 0.09%. The firm decreased its portfolio allocation in GETY by 13.32% over the last quarter.
Carlyle Group holds 9,976K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 11,903K shares, representing a decrease of 19.31%. The firm decreased its portfolio allocation in GETY by 8.81% over the last quarter.
Laird Norton Trust Company holds 480K shares representing 0.12% ownership of the company.
EULAV Asset Management holds 400K shares representing 0.10% ownership of the company.
Additional reading:
- GETTY IMAGES, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)
- Getty Images Reports First Quarter 2023 Results
- Form of Award Agreement Awarding Restricted Stock Units under the Getty Images Holdings, Inc. 2022 Earn Out Plan
- Incremental Commitment Amendment and Second Amendment to Credit Agreement, dated as of May 4, 2023, by and among Abe Investment Holdings, Inc., Getty Images, Inc., J.P. Morgan Chase Bank N.A., as administrative agent, as an L/C Issuer (as defined therein) and as Swing Line Lender (as defined therein), the lenders party thereto and the other loan parties party thereto
- Form of Award Agreement Awarding Stock Options under the Getty Images Holdings, Inc. 2022 Equity Incentive Plan
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
