Getty Images Holdings Inc’s recent filing unveils that its Director Chu Chinh unloaded Company’s shares for reported $6195.0 on Apr 12 ’24. In the deal valued at $4.01 per share,1,544 shares were sold. As a result of this transaction, Chu Chinh now holds 8,460,865 shares worth roughly $33.42 million.
Then, Chu Chinh sold 38,488 shares, generating $155,484 in total proceeds. Upon selling the shares at $4.04, the Director now owns 8,462,409 shares.
Before that, Chu Chinh sold 39,122 shares. Getty Images Holdings Inc shares valued at $157,556 were divested by the Director at a price of $4.03 per share. As a result of the transaction, Chu Chinh now holds 8,500,897 shares, worth roughly $33.58 million.
Redburn Atlantic downgraded its Getty Images Holdings Inc [GETY] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Imperial Capital’s analysts, who increased its forecast for the stock in mid August from “an In-line” to “an Outperform”. JP Morgan began covering GETY with “Neutral” recommendation on May 08, 2023. Imperial Capital started covering the stock on April 28, 2023. It rated GETY as “an In-line”.
Price Performance Review of GETY
On Tuesday, Getty Images Holdings Inc [NYSE:GETY] saw its stock jump 2.07% to $3.95. Over the last five days, the stock has gained 3.40%. Getty Images Holdings Inc shares have fallen nearly -24.76% since the year began. Nevertheless, the stocks have fallen -21.94% over the past one year. While a 52-week high of $8.18 was reached on 03/13/24, a 52-week low of $3.65 was recorded on 04/16/24. SMA at 50 days reached $4.40, while 200 days put it at $4.82. A total of 0.4 million shares were traded, compared to the trading of 0.46 million shares in the previous session.
Levels Of Support And Resistance For GETY Stock
The 24-hour chart illustrates a support level at 3.85, which if violated will result in even more drops to 3.76. On the upside, there is a resistance level at 4.04. A further resistance level may holdings at 4.14. The Relative Strength Index (RSI) on the 14-day chart is 43.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.09%. Stochastics %K at 45.92% indicates the stock is a holding.
The most recent change occurred on December 22, 2022 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $6 price target.
