ShutterstockSSTK
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
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Truist Securities Youssef Squali 0 / 0 met price target | 86%upside $56 | Buy Maintained | 30 Oct 2024 |
Needham Bernie McTernan 100% 1-year accuracy 4 / 4 met price target | 83%upside $55 | Buy Reiterated | 30 Oct 2024 |
Needham Bernie McTernan 100% 1-year accuracy 4 / 4 met price target | 83%upside $55 | Buy Reiterated | 29 Oct 2024 |
Morgan Stanley Brian Nowak 0 / 0 met price target | 66%upside $50 | Equal-Weight Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 5 articles about SSTK published over the past 30 days