Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Purchases 10,000 Shares

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average cost of $3.15 per share, with a total value of $31,500.00. Following the completion of the purchase, the director directly owned 285,207 shares of the company’s stock, valued at $898,402.05. This represents a 3.63% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Paul Howard Sutherland also recently made the following trade(s):

• On Monday, December 22nd, Paul Howard Sutherland purchased 2,000 shares of Gaia stock. The stock was bought at an average price of $3.70 per share, for a total transaction of $7,400.00.
• On Thursday, December 18th, Paul Howard Sutherland purchased 1,500 shares of Gaia stock. The stock was bought at an average price of $3.81 per share, for a total transaction of $5,715.00.
• On Tuesday, December 16th, Paul Howard Sutherland acquired 1,500 shares of Gaia stock. The shares were bought at an average cost of $4.14 per share, with a total value of $6,210.00.
• On Thursday, December 11th, Paul Howard Sutherland acquired 1,475 shares of Gaia stock. The shares were purchased at an average price of $3.75 per share, with a total value of $5,531.25.
• On Wednesday, December 10th, Paul Howard Sutherland bought 5,775 shares of Gaia stock. The stock was purchased at an average cost of $3.71 per share, for a total transaction of $21,425.25.
• On Tuesday, December 9th, Paul Howard Sutherland bought 450 shares of Gaia stock. The stock was purchased at an average cost of $3.53 per share, for a total transaction of $1,588.50.
• On Tuesday, December 9th, Paul Howard Sutherland bought 1,500 shares of Gaia stock. The stock was purchased at an average price of $3.53 per share, for a total transaction of $5,295.00.

Gaia Stock Down 1.1%

Gaia stock traded down $0.04 during midday trading on Monday, reaching $3.21. 34,105 shares of the stock traded hands, compared to its average volume of 75,646. The stock has a market cap of $80.48 million, a P/E ratio of -17.80 and a beta of 0.93. The stock’s fifty day moving average is $3.43 and its 200-day moving average is $4.44. Gaia, Inc. has a 12 month low of $2.93 and a 12 month high of $6.39.

Gaia (NASDAQ:GAIA) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $25.50 million during the quarter, compared to the consensus estimate of $25.35 million. Gaia had a negative return on equity of 4.41% and a negative net margin of 4.54%. On average, equities analysts predict that Gaia, Inc. will post -0.23 EPS for the current fiscal year.

Institutional Trading of Gaia

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Gaia by 6.6% during the third quarter. Vanguard Group Inc. now owns 835,939 shares of the company’s stock worth $4,949,000 after buying an additional 51,610 shares during the period. Peapod Lane Capital LLC raised its stake in shares of Gaia by 0.7% in the fourth quarter. Peapod Lane Capital LLC now owns 630,840 shares of the company’s stock valued at $2,290,000 after acquiring an additional 4,626 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Gaia by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 409,081 shares of the company’s stock worth $1,485,000 after acquiring an additional 5,037 shares during the last quarter. Manatuck Hill Partners LLC purchased a new position in shares of Gaia during the 4th quarter worth about $290,000. Finally, Huntleigh Advisors Inc. boosted its stake in shares of Gaia by 6.2% during the 3rd quarter. Huntleigh Advisors Inc. now owns 73,788 shares of the company’s stock worth $437,000 after purchasing an additional 4,332 shares during the period. Hedge funds and other institutional investors own 40.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Gaia in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Gaia to a “hold” rating in a research note on Saturday, December 6th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $9.00.

Gaia Company Profile

Gaia, Inc operates a subscription-based streaming platform specializing in conscious media, alternative health, spirituality and personal transformation. The company’s digital library features a curated selection of original series, documentaries, yoga and meditation classes, and instructional content aimed at mindfulness, holistic wellness and metaphysical exploration. Gaia’s service is accessible through its website, mobile applications and a variety of connected-TV devices, providing on-demand access to content across multiple channels and formats.

Since launching its streaming service in 2011, Gaia has focused on developing proprietary programming and forging content partnerships with thought leaders, teachers and filmmakers in the fields of yoga, Ayurveda, consciousness studies and alternative healing.