Now that Shutterstock Inc’s volume has hit 0.69 million, investors get a glimpse of its size.

A new trading day began on Tuesday, with Shutterstock Inc (NYSE: SSTK) stock price down -3.27% from the previous day of trading, before settling in for the closing price of $45.21. SSTK’s price has ranged from $33.80 to $75.96 over the past 52 weeks.

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Annual sales at Communication Services sector company grew by 7.11% over the past five years. Meanwhile, its annual earnings per share averaged -20.99%. With a float of $24.36 million, this company’s outstanding shares have now reached $35.57 million.

Let’s look at the performance matrix of the company that is accounted for 1274 employees.

Shutterstock Inc (SSTK) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Shutterstock Inc is 31.46%, while institutional ownership is 83.56%. The most recent insider transaction that took place on Mar 07 ’24, was worth 2,648,736. In this transaction EXECUTIVE CHAIRMAN of this company sold 51,944 shares at a rate of $50.99, taking the stock ownership to the 10,843,940 shares. Before that another transaction happened on Mar 06 ’24, when Company’s EXECUTIVE CHAIRMAN sold 22,749 for $50.19, making the entire transaction worth $1,141,772. This insider now owns 10,895,884 shares in total.

Shutterstock Inc (SSTK) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -20.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 14.53% growth over the previous five years of trading.

Shutterstock Inc (NYSE: SSTK) Trading Performance Indicators

Here are Shutterstock Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78. Likewise, its price to free cash flow for the trailing twelve months is 16.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.03, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 3.96 in one year’s time.

Technical Analysis of Shutterstock Inc (SSTK)

Shutterstock Inc (NYSE: SSTK) saw its 5-day average volume 0.48 million, a negative change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 11.79%. Additionally, its Average True Range was 1.99.

During the past 100 days, Shutterstock Inc’s (SSTK) raw stochastic average was set at 39.36%, which indicates a significant increase from 14.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.64% in the past 14 days, which was lower than the 44.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $47.40, while its 200-day Moving Average is $45.03. Nevertheless, the first resistance level for the watch stands at $44.75 in the near term. At $45.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.99. If the price goes on to break the first support level at $42.51, it is likely to go to the next support level at $41.29. Assuming the price breaks the second support level, the third support level stands at $40.27.

Shutterstock Inc (NYSE: SSTK) Key Stats

With a market capitalization of 1.55 billion, the company has a total of 35,544K Shares Outstanding. Currently, annual sales are 874,590 K while annual income is 110,270 K. The company’s previous quarter sales were 217,220 K while its latest quarter income was -1,010 K.