ShutterstockSSTK
SSTK
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
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
12.79% less ownership
Funds ownership: 89.9% [Q2] → 77.11% (-12.79%) [Q3]
23% less capital invested
Capital invested by funds: $1.25B [Q2] → $966M (-$281M) [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
$45
45%
upside
Avg. target
$50
63%
upside
High target
$56
81%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Needham Bernie McTernan 70% 1-year accuracy 95 / 135 met price target | 45%upside $45 | Buy Maintained | 13 Jan 2025 |
Truist Securities Youssef Squali 55% 1-year accuracy 44 / 80 met price target | 81%upside $56 | Buy Maintained | 30 Oct 2024 |
Morgan Stanley Brian Nowak 84% 1-year accuracy 27 / 32 met price target | 62%upside $50 | Equal-Weight Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 22 articles about SSTK published over the past 30 days
Positive
Zacks Investment Research
4 days ago
Wall Street Analysts Believe Shutterstock (SSTK) Could Rally 28.69%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 28.7% in Shutterstock (SSTK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Positive
Zacks Investment Research
4 days ago
Best Income Stocks to Buy for January 16th
RITM, SSTK and TSN made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 16, 2025.
Positive
Proactive Investors
1 week ago
Getty, Shutterstock tie-up gets broker backing despite uncertainties
Getty Images' US$3.7 billion tie-up with Shutterstock Inc (NYSE:SSTK) has fetched backing from Wedbush analysts, despite uncertainties around how much the former will pay. Wedbush reiterated an ‘outperform' rating and US$7.70 share price target for Getty in a note following Tuesday's news of the merger.
Neutral
PRNewsWire
1 week ago
Shutterstock Appoints Matt Furlong as Chief Marketplace Officer
Former Gamestop executive to join leadership team as head of Marketplace division NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Matt Furlong will be joining Shutterstock to lead the company's Marketplace division as Chief Marketplace Officer on Monday, January 13. In this position and as part of the Shutterstock executive leadership team, Matt will have a key role in shaping the overall strategy, operations and growth of the Marketplace division, which houses the company's individual user products and solutions across various ecommerce platforms.
Positive
Business Insider
1 week ago
2 of the largest stock photo platforms are merging, sending their shares up
Getty Images and Shutterstock are merging. The merger aims to save $200 million and boost revenue in three years.
Neutral
Business Wire
1 week ago
SHUTTERSTOCK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Shutterstock, Inc. - SSTK
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Shutterstock, Inc. (NYSE: SSTK) to Getty Images Holdings, Inc. (NYSE: GETY). Under the terms of the proposed transaction, Shutterstock stockholders can elect to receive one of the following, for each share of Shutterstock they own: i) $28.84870 in cash; ii) 13.67237 shares of Getty Images common stock; or iii).
Positive
WSJ
1 week ago
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.
Positive
GeekWire
1 week ago
Seattle's Getty Images will buy Shutterstock, creating company worth $3.7B
Seattle's Getty Images is acquiring Shutterstock to create a business worth approximately $3.
Positive
Proactive Investors
1 week ago
Getty Images, Shutterstock shares surge on $3.7B merger
Getty Images (NYSE:GETY) and Shutterstock Inc (NYSE:SSTK) have announced they have entered into a merger agreement to create a single visual content company valued at $3.7 billion. The combined company will be named Getty Images Holdings and will continue to trade on the New York Stock Exchange under the ticker symbol “GETY.
Positive
TechXplore
1 week ago
Getty Images buying Shutterstock to create a $3.7 billion visual content company
Getty Images is buying Shutterstock to create a $3.7 billion visual content company.
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