10 Small–Cap Stocks Insiders Are Selling Recently

7. Getty Images Holdings, Inc. (NYSE:GETY)

Number of insiders selling: 7

Market capitalization: $1.175B

Getty Images, a leading global provider of premium visual content and services, operates under three popular brands – Getty Images, iStock, and Unsplash+. It provides a wide collection of high-quality images and videos to media businesses and various creative experts across the globe. Getty Images collaborates with over 576,000 content creators and more than 340 content partners to deliver this comprehensive content.

In December, seven insiders, including CEO, and CFO, sold a total of around $211,220 worth of the company’s shares at an average price of $2.29 per share. The stock is currently trading at $2.72 per share. Since the beginning of the year, Getty shares have gained 25.23%. On December 30, the stock reached its lowest price of $2.10, so it is possible that insiders were expecting this drop and wanted to sell some of their holdings beforehand.

Earlier in December, the company announced a strategic engagement with Clarifai, a global provider of AI orchestration and development and pioneer of the full‑stack computer vision platform. Then, in January, Getty confirmed it will merge with another visual content gian – Shutterstock (NYSE:SSTK). The combined company, which would have an enterprise value of approximately $3.7 billion, will be named Getty Images Holdings, Inc and will continue to trade on the New York Stock Exchange under the ticker symbol “GETY.” The news caused Getty Images share to jump to $3.19 per share that day.

How do analysts feel about Getty Images? SeekingAlpha’s analyst Andriy Blokhin writes that even though the merger aims to achieve $150-$200 million in cost savings and potentially improve margins there are some areas of concern such as stagnating content sales amid AI competition.

On the other hand, as per data from StockAnalysis, five analysts have an average “Buy” rating on the stock, with a 12-month price target of $5.61, representing an increase of 106.25% from the latest price.

In the third quarter of 2024, the company had revenue of $240.5 million, an increase of 4.9% year-over-year. Net loss amounted to $2.5 million, compared to net loss of $18.4 million in the same quarter of 2023. Furthermore, the company has experienced nine consecutive quarters of strong double-digit growth in its annual subscriber base. This growth has been fueled by the success of its e-commerce platforms, particularly iStock and Unsplash+, which have attracted new customers from target growth markets across EMEA, APAC, and the Americas and supported the company’s geographic expansion strategy. The company’s subscription business contributed to more than 50% of its total revenue in the quarter.

Getty is also one of the 10 Best Affordable Stocks Under $5 to Buy Now.