Key Points
- Director purchase: Paul Howard Sutherland bought 10,250 shares on March 10 at $3.08 each ($31,570), increasing his direct holdings to 295,457 shares (a 3.59% rise), as disclosed in an SEC filing.
- Repeated insider buying: Sutherland has made multiple recent purchases (including 10,000 shares on March 6 at $3.15 and several buys in December), indicating continued insider accumulation.
- Company context: Gaia trades near $3.17 with a market cap of about $79.5M, reported negative EPS and a MarketBeat consensus of Sell, and its 50-day ($3.41) is below its 200-day ($4.40) moving average.
Gaia, Inc. (NASDAQ:GAIA - Get Free Report) Director Paul Howard Sutherland bought 10,250 shares of the firm's stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of $3.08 per share, for a total transaction of $31,570.00. Following the acquisition, the director directly owned 295,457 shares in the company, valued at $910,007.56. This trade represents a 3.59% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Paul Howard Sutherland also recently made the following trade(s):
- On Friday, March 6th, Paul Howard Sutherland purchased 10,000 shares of Gaia stock. The stock was purchased at an average cost of $3.15 per share, with a total value of $31,500.00.
- On Monday, December 22nd, Paul Howard Sutherland purchased 2,000 shares of Gaia stock. The shares were purchased at an average price of $3.70 per share, with a total value of $7,400.00.
- On Thursday, December 18th, Paul Howard Sutherland purchased 1,500 shares of Gaia stock. The stock was purchased at an average cost 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 stock was acquired at an average price of $4.14 per share, for a total transaction of $6,210.00.
- On Thursday, December 11th, Paul Howard Sutherland acquired 1,475 shares of Gaia stock. The shares were acquired at an average cost of $3.75 per share, with a total value of $5,531.25.
Gaia Price Performance
Gaia stock traded down $0.10 during midday trading on Thursday, hitting $3.17. 16,050 shares of the company's stock were exchanged, compared to its average volume of 76,482. The company has a market cap of $79.52 million, a P/E ratio of -17.75 and a beta of 0.93. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.52 and a current ratio of 0.59. The stock has a 50-day moving average price of $3.41 and a two-hundred day moving average price of $4.40. Gaia, Inc. has a 52-week low of $2.93 and a 52-week high of $6.39.
Gaia (NASDAQ:GAIA - Get Free Report) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The business had revenue of $25.50 million during 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 4.39%. On average, equities research analysts forecast that Gaia, Inc. will post -0.23 earnings per share for the current year.
Hedge Funds Weigh In On Gaia
Institutional investors have recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Gaia by 201.9% during the 2nd quarter. Bank of America Corp DE now owns 7,735 shares of the company's stock valued at $34,000 after purchasing an additional 5,173 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Gaia in the 2nd quarter worth approximately $41,000. XTX Topco Ltd purchased a new stake in Gaia in the fourth quarter worth approximately $38,000. Ritholtz Wealth Management purchased a new stake in Gaia in the fourth quarter worth approximately $39,000. Finally, JPMorgan Chase & Co. grew its position in Gaia by 2,493.5% during the second quarter. JPMorgan Chase & Co. now owns 15,509 shares of the company's stock valued at $68,000 after acquiring an additional 14,911 shares during the last quarter. 40.53% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Gaia to a "hold" rating in a research report on Saturday, December 6th. Weiss Ratings reissued a "sell (d-)" rating on shares of Gaia in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Gaia currently has a consensus rating of "Sell".
Check Out Our Latest Research Report on GAIA
Gaia Company Profile
(
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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