Gaia (NASDAQ:GAIA) Director Acquires $17,061.46 in Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland bought 5,486 shares of Gaia stock in a transaction dated Monday, March 16th. The stock was acquired at an average cost of $3.11 per share, with a total value of $17,061.46. Following the completion of the acquisition, the director owned 302,943 shares of the company’s stock, valued at $942,152.73. This represents a 1.84% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, March 18th, Paul Howard Sutherland purchased 2,000 shares of Gaia stock. The shares were acquired at an average cost of $3.01 per share, with a total value of $6,020.00.
• On Tuesday, March 17th, Paul Howard Sutherland purchased 1,514 shares of Gaia stock. The shares were acquired at an average price of $3.07 per share, for a total transaction of $4,647.98.
• On Friday, March 13th, Paul Howard Sutherland acquired 2,000 shares of Gaia stock. The stock was acquired at an average cost of $3.07 per share, for a total transaction of $6,140.00.
• On Tuesday, March 10th, Paul Howard Sutherland acquired 10,250 shares of Gaia stock. The stock was acquired at an average price of $3.08 per share, with a total value of $31,570.00.
• On Friday, March 6th, Paul Howard Sutherland bought 10,000 shares of Gaia stock. The shares were acquired at an average cost of $3.15 per share, with a total value of $31,500.00.
• On Monday, December 22nd, Paul Howard Sutherland bought 2,000 shares of Gaia stock. The shares were acquired 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 cost of $3.81 per share, for a total transaction of $5,715.00.

Gaia Price Performance

GAIA opened at $2.98 on Friday. The firm has a market cap of $74.44 million, a P/E ratio of -16.55 and a beta of 0.93. The firm has a 50-day moving average of $3.34 and a 200 day moving average of $4.28. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.59 and a current ratio of 0.59. Gaia, Inc. has a fifty-two week low of $2.78 and a fifty-two week high of $6.39.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company 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 4.39% and a negative net margin of 4.54%. On average, research analysts expect that Gaia, Inc. will post -0.23 EPS for the current year.

Institutional Trading of Gaia

Several hedge funds and other institutional investors have recently modified their holdings of the business. Peapod Lane Capital LLC boosted its holdings in Gaia by 1.1% in the 3rd quarter. Peapod Lane Capital LLC now owns 626,214 shares of the company’s stock worth $3,707,000 after buying an additional 6,998 shares during the period. Geode Capital Management LLC raised its holdings in Gaia by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 409,081 shares of the company’s stock valued at $1,485,000 after acquiring an additional 5,037 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Gaia by 8.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 44,970 shares of the company’s stock worth $163,000 after acquiring an additional 3,622 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Gaia by 32.0% during the third quarter. JPMorgan Chase & Co. now owns 20,468 shares of the company’s stock worth $121,000 after acquiring an additional 4,959 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Gaia in the fourth quarter worth $99,000. Institutional investors own 40.53% of the company’s stock.

Wall Street Analysts Forecast Growth

GAIA has been the subject of several research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Gaia in a report on Thursday, January 22nd. Wall Street Zen upgraded Gaia to a “hold” rating in a research note on Saturday, December 6th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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.