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)
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)
8-K
Other Events
23 Apr 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Shutterstock Reports Full Year 2023 and Fourth Quarter Financial Results
21 Feb 24
8-K
Shutterstock Increases Quarterly Dividend by 11% to $0.30 per share
31 Jan 24
S-3ASR
Automatic shelf registration
21 Dec 23
8-K
Other Events
21 Dec 23
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
Transcripts
SSTK
Earnings call transcript
2023 Q4
21 Feb 24
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
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 27.18 mm | 579.19 k | n/a | n/a | n/a | n/a |
Cash remaining | 48.05 mm | 74.65 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 12.1 | 881.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
77.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 226 |
Opened positions | 24 |
Closed positions | 50 |
Increased positions | 87 |
Reduced positions | 97 |
13F shares | Current |
---|---|
Total value | 1.01 tn |
Total shares | 27.67 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 |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 24 | John Caine | Common Stock | Sell | Dispose S | No | Yes | 43.3 | 1,974 | 85.47 k | 7,413 |
4 Apr 24 | Oringer Jonathan | Common Stock | Payment of exercise | Dispose F | No | No | 45.21 | 11,695 | 528.73 k | 10,882,456 |
4 Apr 24 | Oringer Jonathan | Common Stock | Option exercise | Acquire M | No | No | 0 | 29,584 | 0.00 | 10,894,151 |
4 Apr 24 | Oringer Jonathan | Common Stock | Payment of exercise | Dispose F | No | No | 45.21 | 4,786 | 216.38 k | 10,864,567 |
4 Apr 24 | Oringer Jonathan | Common Stock | Option exercise | Acquire M | No | No | 0 | 15,086 | 0.00 | 10,869,353 |
4 Apr 24 | Oringer Jonathan | Common Stock | Payment of exercise | Dispose F | No | No | 45.21 | 3,806 | 172.07 k | 10,854,267 |
4 Apr 24 | Oringer Jonathan | Common Stock | Option exercise | Acquire M | No | No | 0 | 14,133 | 0.00 | 10,858,073 |
4 Apr 24 | Oringer Jonathan | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 29,584 | 0.00 | 50,401 |
4 Apr 24 | Oringer Jonathan | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 15,086 | 0.00 | 20,116 |
4 Apr 24 | Oringer Jonathan | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 14,133 | 0.00 | 0 |
News
Amazon, MongoDB And 2 Other Stocks Insiders Are Selling
9 Apr 24
Jim Cramer Reveals Nvidia's Non-Tech Partners That Can Be Potential Market Winner: 'Best Opportunities'
19 Mar 24
'They Stole Everything:' Elon Musk's War With OpenAI Heats Up After Sora's Data Sourcing Doubts Emerge In CTO Mira Murati's Interview
14 Mar 24
Needham Reiterates Buy on Shutterstock, Maintains $60 Price Target
29 Feb 24
Where Shutterstock Stands With Analysts
23 Feb 24
Press releases
Shutterstock To Report First Quarter 2024 Earnings Results on May 2, 2024
11 Apr 24
Shutterstock Reports Full Year 2023 and Fourth Quarter Financial Results
21 Feb 24
Shutterstock To Report Fourth Quarter 2023 Earnings Results on February 21, 2024
5 Feb 24
Shutterstock Acquires Backgrid Celebrity News Network
1 Feb 24
Shutterstock Increases Quarterly Dividend By 11% to $0.30
30 Jan 24