Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Purchases 7,500 Shares of Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland purchased 7,500 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was bought at an average price of $1.42 per share, for a total transaction of $10,650.00. Following the purchase, the director owned 438,573 shares in the company, valued at approximately $622,773.66. This represents a 1.74% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gaia Stock Down 3.3%

GAIA opened at $1.46 on Wednesday. The firm has a 50-day simple moving average of $2.02 and a two-hundred day simple moving average of $2.57. Gaia, Inc. has a 52 week low of $1.16 and a 52 week high of $6.39. The company has a market capitalization of $37.12 million, a PE ratio of -6.08 and a beta of 0.95. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.05.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. Gaia had a negative return on equity of 5.82% and a negative net margin of 6.08%.The firm had revenue of $23.33 million during the quarter, compared to analyst estimates of $24.60 million. Analysts forecast that Gaia, Inc. will post -0.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Weiss Ratings downgraded Gaia from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, August 13th. Wall Street Zen lowered shares of Gaia from a “sell” rating to a “strong sell” rating in a report on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Gaia by 6.6% in the third quarter. Vanguard Group Inc. now owns 835,939 shares of the company’s stock worth $4,949,000 after acquiring an additional 51,610 shares in the last quarter. Peapod Lane Capital LLC raised its position in Gaia by 0.7% during the fourth quarter. Peapod Lane Capital LLC now owns 630,840 shares of the company’s stock valued at $2,290,000 after purchasing an additional 4,626 shares during the period. Geode Capital Management LLC lifted its stake 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 valued at $1,485,000 after purchasing an additional 5,037 shares during the last quarter. Marquette Asset Management LLC bought a new stake in shares of Gaia in the 2nd quarter valued at approximately $189,000. Finally, Manatuck Hill Partners LLC purchased a new position in shares of Gaia in the 4th quarter worth approximately $290,000. Institutional investors own 40.53% of the company’s stock.

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.