Shutterstock (SSTK)

• Market cap: $1.05B
• 1 day: 0.47%
• 5 days: -6.55%
• 1 month: -1.18%
• 3 months: -14.80%
• 6 months: -24.28%
• Year to date: -36.76%
• 1 year: -36.67%
• 5 years: -29.77%
• 10 years: -55.74%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

About: Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market.

Employees: 1,274

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

39% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 31

5% more funds holding

Funds holding: 221 [Q2] → 233 (+12) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 85

12.7% less ownership

Funds ownership: 89.27% [Q2] → 76.57% (-12.7%) [Q3]

23% less capital invested

Capital invested by funds: $1.24B [Q2] → $959M (-$279M) [Q3]

51% less call options, than puts

Call options by funds: $7.85M | Put options by funds: $16M

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50 66% upside
• Avg. target: $54 78% upside
• High target: $56 86% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Truist Securities Youssef Squali 58% 1-year accuracy 46 / 80 met price target	86% upside $56	Buy Maintained	30 Oct 2024
Needham Bernie McTernan 68% 1-year accuracy 90 / 132 met price target	83% upside $55	Buy Reiterated	30 Oct 2024
Morgan Stanley Brian Nowak 81% 1-year accuracy 21 / 26 met price target	66% upside $50	Equal-Weight Maintained	21 Oct 2024