Walleye Capital LLC Increases Stake in Shutterstock, with 33893 Share Acquisition
December 22, 2022
Trending News ☀️
Shutterstock Intrinsic Value – Shutterstock ($NYSE:SSTK), Inc. is a top global e-commerce platform for creative professionals and businesses. The company provides an extensive library of digital assets to its users, such as photos, illustrations, music, video clips, and more. Not only does Shutterstock offer creative solutions to its customers, but it also provides them with access to a wide range of marketing solutions. This acquisition is significant as it puts the hedge fund in a strong position to influence the future of the company. Walleye Capital LLC’s increased stake in Shutterstock makes it one of the largest shareholders in the company, giving them the ability to shape the company’s strategic direction and decisions. They see the value in Shutterstock’s innovative solutions and have taken a significant step in becoming more involved with the company.
With their increased stake, Walleye Capital LLC will have a larger say in what direction Shutterstock takes in the future and how it continues to revolutionize the creative industry. It further highlights the company’s potential for success and shows they are on track to becoming an even more influential player in the creative industry. With this new investment, Shutterstock can continue to provide its customers with top-notch digital assets and marketing solutions while also continuing to innovate and expand their business. The acquisition of these shares by Walleye Capital LLC is a clear indication of their confidence in Shutterstock and its potential for success. As one of their largest shareholders, their increased stake will allow them to have more say in the company’s strategic direction and decisions. This is great news for Shutterstock and its customers as it will likely result in the company continuing on its path towards success.
Share Price
On Thursday, SHUTTERSTOCK stock opened at $50.0 and closed at the same price, down by 1.5% from last closing price of 50.8. Investing in a company is always a risk and it is good to see that Walleye Capital LLC are taking this risk with Shutterstock, Inc. The fact that Walleye Capital LLC are increasing their stake in the company is a sign that they believe that the company has the potential to do very well in the future and will benefit from their investment. This increased interest from investors in Shutterstock, Inc. is likely to be beneficial for the company and will help them to continue to grow and make a profit in the future. The increased investment from Walleye Capital LLC also shows that other investors are likely to be interested in investing in Shutterstock, Inc. as well, which could help to further increase their stock price.
This could be beneficial for the company, as it could lead to more investment in the company and help them to grow even further. Overall, this news of Walleye Capital LLC increasing their stake in Shutterstock, Inc. is positive news for the company and should be beneficial for them in the long run. It shows that investors have faith in the potential of the company and are willing to invest more money into it, which could help propel it to greater heights in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Shutterstock. More…
| Total Revenues | Net Income | Net Margin |
| 815.88 | 85.94 | 10.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Shutterstock. More…
| Operations | Investing | Financing |
| 151.8 | -265.94 | -101.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Shutterstock. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 840.18 | 409.6 | 12.02 |
Key Ratios Snapshot
Some of the financial key ratios for Shutterstock are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.1% | 49.7% | 12.3% |
| FCF Margin | ROE | ROA |
| 12.2% | 14.6% | 7.5% |
VI Analysis – Shutterstock Intrinsic Value
Shutterstock, Inc. (NYSE:SSTK) is a stock that has attracted the attention of investors for its long-term potential. Fortunately, VI Line, a mobile app, has made it easier to analyze the company’s fundamentals. The app’s analysis reveals that Shutterstock’s intrinsic value is around $80.0 per share. This means that the stock is currently trading at $50.0, which is 38% below its intrinsic value. Investors looking to capitalize on the discrepancy between the current price and the intrinsic value should take a closer look at Shutterstock. The company is a leading global provider of digital imagery licensing and related services to businesses, marketing agencies and media organizations around the world. It offers millions of royalty-free photographs, illustrations, videos, and music tracks, as well as editing tools and creative content. Shutterstock’s financials are also impressive. Overall, Shutterstock looks like an attractive investment opportunity for those looking to capitalize on its undervalued stock price. Its strong financials and leading position in the digital imagery industry make it a great choice for investors seeking long term returns. More…
VI Peers
With over 225 million royalty-free images in its collection, Shutterstock adds hundreds of thousands of images each week, and serves over 1.5 million customers in 150 countries. Its competitors include Hypebeast Ltd, Visual China Group Co Ltd, Yangaroo Inc.
– Hypebeast Ltd ($SEHK:00150)
Hypebeast Ltd is a global retailer specializing in streetwear and contemporary fashion. As of 2022, the company has a market capitalization of 1.01 billion and a return on equity of 20.07%. Hypebeast was founded in 2005 as a blog covering the latest in streetwear and sneakers. Today, the company operates a successful e-commerce platform and brick-and-mortar stores across the world. In addition to selling its own line of apparel and accessories, Hypebeast curates and sells products from some of the most coveted brands in the fashion industry.
– Visual China Group Co Ltd ($SZSE:000681)
Founded in 2000, Visual China Group is the largest visual content provider in China with over 150 million images and illustrations. The company offers a comprehensive suite of visual content products and services, including royalty-free images, editorial images, video, and illustration. It also provides visual content licensing, production, and distribution services to businesses and media organizations. As of 2022, Visual China Group has a market cap of 7.61B and a return on equity of 1.87%. The company’s products and services are used by businesses and media organizations worldwide.
– Yangaroo Inc ($TSXV:YOO)
Kangaroo is a provider of secure digital workspaces. The company has a market cap of 3.11M and a return on equity of 21.73%. Kangaroo’s digital workspace solutions enable organizations to securely access, manage, and share data and applications from any device, anywhere.
Summary
Investing in Shutterstock, Inc. has become increasingly popular over the past few years as the company has continued to expand its online platform and library of royalty-free images, videos, and music. As a result, Walleye Capital LLC recently increased their stake in the company with a 33893 share acquisition. This news has been met with mostly positive coverage from the financial media, indicating that this is a strong investment opportunity. For investors, Shutterstock provides an attractive option due to its vast library of images, videos and music. This makes it an ideal choice for companies looking for high-quality visuals to use in their marketing and advertising materials.
Additionally, the company’s royalty-free license means that once a customer pays for a license, they can use the asset for as long as they need without having to pay additional fees. Shutterstock also offers an affordable subscription plan for customers who need to access large quantities of material on a regular basis. This makes it an attractive option for businesses that need to access a variety of visuals on a regular basis. The company also offers a wide range of tools and services to assist customers in finding the perfect asset. For example, customers can search through the library using keywords and other criteria to find exactly what they need. They also have access to analytics tools that provide insights into how customers are using their assets. Overall, investing in Shutterstock is an attractive option for those looking to diversify their portfolios with a reliable and profitable company. With its vast library of assets and wide range of tools and services, it has become a valuable resource for many businesses looking for quality visuals to use in their marketing and advertising efforts.
