Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Acquires 11,100 Shares of Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Sutherland acquired 11,100 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was bought at an average price of $1.23 per share, with a total value of $13,653.00. Following the acquisition, the director directly owned 462,173 shares of the company’s stock, valued at $568,472.79. The trade was a 2.46% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, September 11th, Paul Sutherland bought 3,500 shares of Gaia stock. The shares were bought at an average price of $1.37 per share, for a total transaction of $4,795.00.
• On Wednesday, September 9th, Paul Sutherland bought 500 shares of Gaia stock. The shares were bought at an average price of $1.55 per share, for a total transaction of $775.00.
• On Wednesday, September 2nd, Paul Sutherland bought 1,000 shares of Gaia stock. The shares were bought at an average price of $1.67 per share, with a total value of $1,670.00.
• On Friday, August 21st, Paul Sutherland purchased 2,500 shares of Gaia stock. The stock was bought at an average cost of $1.46 per share, with a total value of $3,650.00.
• On Thursday, August 20th, Paul Sutherland purchased 1,580 shares of Gaia stock. The stock was purchased at an average price of $1.46 per share, for a total transaction of $2,306.80.
• On Monday, August 17th, Paul Sutherland acquired 3,420 shares of Gaia stock. The shares were purchased at an average cost of $1.47 per share, for a total transaction of $5,027.40.
• On Friday, August 14th, Paul Sutherland acquired 7,500 shares of Gaia stock. The shares were purchased at an average price of $1.42 per share, with a total value of $10,650.00.

Gaia Trading Down 3.5%

NASDAQ:GAIA traded down $0.04 during trading hours on Wednesday, hitting $1.24. The stock had a trading volume of 35,881 shares, compared to its average volume of 114,500. The business’s 50 day moving average is $1.71 and its 200-day moving average is $2.33. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.41 and a current ratio of 0.41. The company has a market cap of $31.41 million, a price-to-earnings ratio of -5.15 and a beta of 0.96. Gaia, Inc. has a one year low of $1.16 and a one year high of $6.39.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01. Gaia had a negative net margin of 6.08% and a negative return on equity of 5.82%. The company had revenue of $23.33 million for the quarter, compared to analysts’ expectations of $24.60 million. Sell-side analysts anticipate that Gaia, Inc. will post -0.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on GAIA. Wall Street Zen lowered shares of Gaia from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Weiss Ratings raised shares of Gaia from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Gaia currently has an average rating of “Sell”.

Institutional Trading of Gaia

Several hedge funds have recently added to or reduced their stakes in GAIA. Squarepoint Ops LLC boosted its position in shares of Gaia by 247.8% in the second quarter. Squarepoint Ops LLC now owns 43,772 shares of the company’s stock valued at $92,000 after acquiring an additional 31,187 shares during the period. Marquette Asset Management LLC bought a new position in Gaia during the second quarter worth about $189,000. Finally, Manatuck Hill Partners LLC acquired a new stake in Gaia in the 4th quarter worth about $290,000. 40.53% of the stock is owned by institutional investors and hedge funds.

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.