Shutterstock (SSTK)
Shutterstock, Inc. (SSTK) is a leading technology firm specializing in creative content solutions, providing a comprehensive suite of tools and services for businesses and individuals globally. Headquartered in New York, the company connects a vast community of creators and consumers through its extensive library of high-quality images, videos, and music tracks. With a focus on innovation and customer-centric technology, Shutterstock empowers brands to enhance their storytelling and marketing efforts across various platforms while capitalizing on trends in the digital content landscape.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 97.67% per annum.
- SSTK price at the close of October 15, 2025 was $26.41 and was higher than the top border of the primary price channel by $1.81 (7.38%).
- The secondary trend is increasing.
- The growth rate of the secondary trend is 72.27% per annum.
- SSTK price at the close of October 15, 2025 was higher than the top border of the secondary price channel by $2.70 (11.41%).
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SSTK price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 3, 2025
End date: October 14, 2025
a = -0.2919
b = 0.0019
s = 0.0436
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 97.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0436) – 1
= 19.06%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(-0.2919 + 0.0019 × 1,630 + 2 × 0.0436)
= Exp(2.8385)
= $17.09
Bottom border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(-0.2919 + 0.0019 × 1,630 – 2 × 0.0436)
= Exp(2.6641)
= $14.35
October 14, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(-0.2919 + 0.0019 × 1,824 + 2 × 0.0436)
= Exp(3.2007)
= $24.55
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(-0.2919 + 0.0019 × 1,824 – 2 × 0.0436)
= Exp(3.0263)
= $20.62
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 97.67% per annum.
- SSTK price at the close of October 15, 2025 was $26.41 and was higher than the top border of the primary price channel by $1.81 (7.38%).
Secondary Trend
Start date: May 8, 2025
End date: October 14, 2025
a = 0.3736
b = 0.0015
s = 0.0363
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 72.27%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0363) – 1
= 15.62%
May 8, 2025 calculations
Top border of price channel:
Exp(Y1,144)
= Exp(a + b × X1,144 + 2 × s)
= Exp(a + b × 1,665 + 2 × s)
= Exp(0.3736 + 0.0015 × 1,665 + 2 × 0.0363)
= Exp(2.9273)
= $18.68
Bottom border of price channel:
Exp(Y1,144)
= Exp(a + b × X1,144 – 2 × s)
= Exp(a + b × 1,665 – 2 × s)
= Exp(0.3736 + 0.0015 × 1,665 – 2 × 0.0363)
= Exp(2.7821)
= $16.15
October 14, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(0.3736 + 0.0015 × 1,824 + 2 × 0.0363)
= Exp(3.1642)
= $23.67
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(0.3736 + 0.0015 × 1,824 – 2 × 0.0363)
= Exp(3.0191)
= $20.47
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 72.27% per annum.
- SSTK price at the close of October 15, 2025 was higher than the top border of the secondary price channel by $2.70 (11.41%).