Key Points
- Director purchase: Gaia director Paul Howard Sutherland bought 5,775 shares on Dec. 10 at an average price of $3.71 for $21,425.25, increasing his direct stake to 268,732 shares (a 2.20% rise); he also made additional buys on Dec. 8–9, bringing his total recent purchases to about 11,450 shares over three days.
- Company snapshot: Gaia trades near $3.70 with a market cap of ~$92.9M, 50/200-day SMAs of $4.75/$4.90, negative EPS and margins, and a consensus analyst rating of "Moderate Buy" with an average price target of $9.00.
Gaia, Inc. (NASDAQ:GAIA - Get Free Report) Director Paul Howard Sutherland acquired 5,775 shares of the firm's stock in a transaction dated Wednesday, December 10th. The shares were purchased at an average cost of $3.71 per share, for a total transaction of $21,425.25. Following the acquisition, the director directly owned 268,732 shares in the company, valued at $996,995.72. This represents a 2.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Paul Howard Sutherland also recently made the following trade(s):
- On Tuesday, December 9th, Paul Howard Sutherland bought 450 shares of Gaia stock. The stock was purchased at an average price of $3.53 per share, with a total value of $1,588.50.
- On Tuesday, December 9th, Paul Howard Sutherland purchased 1,500 shares of Gaia stock. The shares were acquired at an average price of $3.53 per share, for a total transaction of $5,295.00.
- On Monday, December 8th, Paul Howard Sutherland purchased 3,725 shares of Gaia stock. The stock was acquired at an average cost of $3.57 per share, for a total transaction of $13,298.25.
Gaia Stock Performance
Shares of NASDAQ:GAIA traded down $0.03 during midday trading on Thursday, reaching $3.70. 7,637 shares of the company's stock were exchanged, compared to its average volume of 57,764. The company's 50 day simple moving average is $4.75 and its two-hundred day simple moving average is $4.90. The firm has a market capitalization of $92.91 million, a PE ratio of -19.47 and a beta of 0.94. Gaia, Inc. has a 12 month low of $2.93 and a 12 month high of $6.39.
Gaia (NASDAQ:GAIA - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The business had revenue of $24.98 million for the quarter, compared to analysts' expectations of $25.23 million. Gaia had a negative net margin of 4.87% and a negative return on equity of 4.80%. On average, research analysts anticipate that Gaia, Inc. will post -0.23 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of GAIA. Bank of America Corp DE boosted its holdings in shares of Gaia by 201.9% in the 2nd quarter. Bank of America Corp DE now owns 7,735 shares of the company's stock worth $34,000 after acquiring an additional 5,173 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Gaia in the second quarter worth $41,000. OMERS ADMINISTRATION Corp acquired a new position in Gaia in the first quarter worth $54,000. JPMorgan Chase & Co. grew its holdings in shares of Gaia by 2,493.5% during the second quarter. JPMorgan Chase & Co. now owns 15,509 shares of the company's stock worth $68,000 after purchasing an additional 14,911 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Gaia in the first quarter valued at $73,000. Institutional investors own 40.53% of the company's stock.
Analyst Upgrades and Downgrades
GAIA has been the topic of several analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Gaia in a research note on Wednesday, October 8th. Wall Street Zen raised Gaia to a "hold" rating in a research note on Saturday, December 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $9.00.
Read Our Latest Stock Analysis on GAIA
Gaia Company Profile
(
Get Free Report)
Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
