Getty Images (NYSE:GETY) Given “Underweight” Rating at JPMorgan Chase & Co.

Getty Images (NYSE:GETY)‘s stock had its “underweight” rating reissued by investment analysts at JPMorgan Chase & Co. in a report released on Friday, Benzinga reports.

Several other research analysts have also recently issued reports on GETY. Benchmark reaffirmed a “hold” rating on shares of Getty Images in a report on Tuesday, August 11th. Zacks Research upgraded shares of Getty Images from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Getty Images in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Getty Images has an average rating of “Reduce” and a consensus price target of $3.92.

Getty Images Trading Up 3.8%

Shares of NYSE GETY opened at $0.27 on Friday. Getty Images has a 1 year low of $0.23 and a 1 year high of $3.21. The firm has a 50-day moving average of $0.42 and a 200 day moving average of $0.69. The stock has a market cap of $112.00 million, a P/E ratio of -0.69 and a beta of 2.07. The company has a debt-to-equity ratio of 2.67, a current ratio of 0.78 and a quick ratio of 0.78.

Getty Images (NYSE:GETY) last announced its quarterly earnings data on Monday, August 10th. The company reported ($0.21) earnings per share (EPS) for the quarter. Getty Images had a negative net margin of 16.24% and a negative return on equity of 26.82%. The company had revenue of $229.10 million for the quarter, compared to analysts’ expectations of $235.23 million.

Insider Activity

In related news, SVP Cho Mikael sold 59,604 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $0.94, for a total value of $56,027.76. Following the transaction, the senior vice president owned 121,650 shares of the company’s stock, valued at approximately $114,351. This trade represents a 32.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 95,255 shares of company stock valued at $90,443 over the last quarter. Company insiders own 9.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GETY. Koch Inc. increased its stake in shares of Getty Images by 42.8% in the 4th quarter. Koch Inc. now owns 115,259,246 shares of the company’s stock worth $154,447,000 after purchasing an additional 34,525,639 shares in the last quarter. Founders Financial Securities LLC purchased a new position in shares of Getty Images during the 4th quarter valued at about $35,000. Nano Cap New Millennium Growth Fund L P bought a new position in shares of Getty Images during the 4th quarter valued at approximately $335,000. Weiss Asset Management LP raised its stake in Getty Images by 318.5% during the 1st quarter. Weiss Asset Management LP now owns 863,035 shares of the company’s stock worth $685,000 after acquiring an additional 656,790 shares during the period. Finally, Engineers Gate Manager LP bought a new position in shares of Getty Images in the fourth quarter worth approximately $91,000. Hedge funds and other institutional investors own 45.75% of the company’s stock.

About Getty Images

Getty Images (NYSE: GETY) is a leading global provider of digital visual content, offering an extensive library of stock photography, editorial imagery, video footage and music. The company supplies creative and rights-managed assets to a broad range of industries, including advertising, media, corporate communications and publishing. Through its online platform and licensing services, Getty Images enables customers to search, license and download multimedia content for commercial and editorial use.

Founded in 1995 by Mark Getty and Jonathan Klein, Getty Images pioneered the aggregation of photographic archives into a centralized, digital marketplace.