Key Points
- Director Paul Howard Sutherland bought 10,000 shares on March 6 at $3.15 each for $31,500, boosting his stake to 285,207 shares (a 3.63% increase) as disclosed in an SEC filing.
- Company performance and outlook: Gaia has an $82.6M market cap and reported Q results with EPS of −$0.02 (missing estimates) on $25.5M revenue, negative margins, and a MarketBeat consensus rating of Hold with a $9 price target.
Gaia, Inc. (NASDAQ:GAIA - Get Free Report) Director Paul Howard Sutherland purchased 10,000 shares of the firm's stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of $3.15 per share, for a total transaction of $31,500.00. Following the completion of the purchase, the director owned 285,207 shares in the company, valued at $898,402.05. The trade was a 3.63% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Paul Howard Sutherland also recently made the following trade(s):
- On Monday, December 22nd, Paul Howard Sutherland acquired 2,000 shares of Gaia stock. The shares were bought at an average cost of $3.70 per share, with a total value of $7,400.00.
- On Thursday, December 18th, Paul Howard Sutherland acquired 1,500 shares of Gaia stock. The shares were 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 price of $4.14 per share, for a total transaction of $6,210.00.
- On Thursday, December 11th, Paul Howard Sutherland bought 1,475 shares of Gaia stock. The stock was bought at an average cost of $3.75 per share, for a total transaction of $5,531.25.
- On Wednesday, December 10th, Paul Howard Sutherland bought 5,775 shares of Gaia stock. The stock was bought at an average price of $3.71 per share, with a total value of $21,425.25.
- On Tuesday, December 9th, Paul Howard Sutherland purchased 450 shares of Gaia stock. The shares were bought at an average cost 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 bought at an average cost of $3.53 per share, with a total value of $5,295.00.
Gaia Stock Up 1.5%
NASDAQ:GAIA opened at $3.29 on Tuesday. The company has a market cap of $82.61 million, a P/E ratio of -18.28 and a beta of 0.93. The firm's 50 day moving average is $3.43 and its two-hundred day moving average is $4.42. Gaia, Inc. has a fifty-two week low of $2.93 and a fifty-two week high of $6.39.
Gaia (NASDAQ:GAIA - Get Free Report) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company had revenue of $25.50 million for the quarter, compared to analysts' expectations of $25.35 million. Gaia had a negative net margin of 4.54% and a negative return on equity of 4.41%. Research analysts forecast that Gaia, Inc. will post -0.23 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Gaia
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of 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 grew its stake in Gaia by 0.7% during the 4th 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 in the last quarter. Geode Capital Management LLC increased 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 worth $1,485,000 after purchasing an additional 5,037 shares during the last quarter. Manatuck Hill Partners LLC purchased a new stake in Gaia during the 4th quarter worth approximately $290,000. Finally, Huntleigh Advisors Inc. raised its position in shares of Gaia by 6.2% in the 3rd quarter. Huntleigh Advisors Inc. now owns 73,788 shares of the company's stock valued at $437,000 after purchasing an additional 4,332 shares in the last quarter. 40.53% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on GAIA. Weiss Ratings reissued a "sell (d-)" rating on shares of Gaia in a research report on Thursday, January 22nd. Wall Street Zen upgraded Gaia to a "hold" rating in a report on Saturday, December 6th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Gaia currently has a consensus rating of "Hold" and a consensus price target of $9.00.
Check Out Our Latest Report on Gaia
About Gaia
(
Get Free Report)
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.
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