shutterstock, inc. operates an online marketplace for commercial digital images, videos and music. we offer various photographs covering various subjects, such as animals/wildlife, the arts, backgrounds/textures, beauty/fashion, buildings/landmarks, business/finance, celebrities, education, food and drink, healthcare/medical, holidays, nature, objects, people, religion, science, sports/recreation, technology, and transportation; illustrations and vector art images; and video footage for users engaged in producing video advertisements, commercial motion pictures, television programming, video games, interactive applications, and other video-based media. we provide products for users to enhance their visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and video content. we also license commercial digital imagery to our customers; and offers online learning platform for digital professionals. we serve business cust
Company profile
Ticker
SSTK
Exchange
Website
CEO
Stan Pavlovsky
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Automatic Data Processing • DXC Technology • Liberty TripAdvisor • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Workday • Bilibili ...
SEC CIK
Corporate docs
Subsidiaries
Shutterstock Images C.V. • Shutterstock Netherlands B.V. • Shutterstock GmbH • Shutterstock (UK) Ltd. • Shutterstock International • Rex Features (Holdings) Ltd. • Rex Features Ltd. • Shutterstock (France) SAS • Shutterstock Hong Kong Ltd. • Shutterstock Ireland Ltd ...
IRS number
800812659
SSTK stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
Shutterstock Reports Third Quarter 2023 Financial Results
31 Oct 23
8-K
Other Events
24 Oct 23
8-K/A
Completion of Acquisition or Disposition of Assets
30 Aug 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
8-K
Shutterstock Reports Second Quarter 2023 Financial Results
1 Aug 23
8-K
Other Events
18 Jul 23
8-K
Completion of Acquisition or Disposition of Assets
23 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
8 Jun 23
8-K
Shutterstock Announces Share Repurchase Program
7 Jun 23
Transcripts
SSTK
Earnings call transcript
2023 Q3
31 Oct 23
SSTK
Earnings call transcript
2023 Q2
1 Aug 23
SSTK
Earnings call transcript
2023 Q1
25 Apr 23
SSTK
Earnings call transcript
2022 Q4
9 Feb 23
SSTK
Earnings call transcript
2022 Q3
25 Oct 22
SSTK
Earnings call transcript
2022 Q2
26 Jul 22
SSTK
Earnings call transcript
2022 Q1
26 Apr 22
SSTK
Earnings call transcript
2021 Q4
10 Feb 22
SSTK
Earnings call transcript
2021 Q3
26 Oct 21
SSTK
Earnings call transcript
2021 Q2
27 Jul 21
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 75.23 mm | 75.23 mm | 75.23 mm | 75.23 mm | 75.23 mm | 75.23 mm |
| Cash burn (monthly) | 3.97 mm | 84.67 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 9.01 mm | 192.02 k | n/a | n/a | n/a | n/a |
| Cash remaining | 66.22 mm | 75.04 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 16.7 | 886.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
77.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 225 |
| Opened positions | 24 |
| Closed positions | 51 |
| Increased positions | 87 |
| Reduced positions | 97 |
| 13F shares | Current |
|---|---|
| Total value | 1.01 tn |
| Total shares | 27.66 mm |
| Total puts | 595.70 k |
| Total calls | 957.60 k |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 4.25 mm | $161.80 bn |
| Vanguard | 2.89 mm | $110.12 bn |
| Trigran Investments | 1.05 mm | $40.01 bn |
| Copeland Capital Management | 1.02 mm | $38.65 bn |
| Wellington Management | 944.54 k | $35.94 bn |
| LSV Asset Management | 936.94 k | $35.65 mm |
| STT State Street | 908.54 k | $34.57 bn |
| Renaissance Technologies | 889.00 k | $33.88 bn |
| Dimensional Fund Advisors | 805.76 k | $30.66 bn |
| MS Morgan Stanley | 678.08 k | $25.80 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Oct 23 | John Caine | RSU Common Stock | Grant | Acquire A | No | No | 0 | 13,061 | 0.00 | 13,061 |
| 1 Aug 23 | Oringer Jonathan | Common Stock | Sell | Dispose S | No | Yes | 50.17 | 5,690 | 285.47 k | 11,093,664 |
| 11 Jul 23 | Oringer Jonathan | Common Stock | Sell | Dispose S | No | Yes | 53.87 | 5,930 | 319.45 k | 11,099,354 |
| 11 Jul 23 | Oringer Jonathan | Common Stock | Sell | Dispose S | No | Yes | 53.23 | 124,535 | 6.63 mm | 11,105,284 |
| 8 Jun 23 | Bigley Deirdre Mary | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,781 | 0.00 | 2,781 |
| 8 Jun 23 | Alfonse L Upshaw | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,781 | 0.00 | 2,781 |
News
Morgan Stanley Maintains Equal-Weight Rating for Shutterstock: Here's What You Need To Know
1 Nov 23
Morgan Stanley Maintains Equal-Weight on Shutterstock, Lowers Price Target to $55
1 Nov 23
Marathon Petroleum To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Wednesday
1 Nov 23
Needham Maintains Buy on Shutterstock, Lowers Price Target to $60
1 Nov 23
Why JetBlue Airways Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
31 Oct 23
Press releases
Shutterstock To Report Third Quarter 2023 Earnings Results on October 31, 2023
5 Oct 23
3D Models Market Future Vision: Advancements, Regional Strategies, and Key Player Insights 2030
19 Sep 23
3D Models Market will Revenue to Cross USD 3468.91 million in2023 to 2030 (New Report) Research by Business, Top Companies report covers, new opportunities planning, and consumption by Regional data
13 Sep 23