Key Points
- Director Paul Howard Sutherland bought 11,100 Gaia shares at an average price of $1.23, investing $13,653 and increasing his ownership by 2.46% to 462,173 shares.
- Sutherland has made several additional Gaia purchases since August, totaling more than 29,000 shares across the disclosed transactions, signaling continued insider buying.
- Gaia’s stock opened at $1.24, near its 12-month low, while the company remains unprofitable and analysts maintain a consensus “Sell” rating; the latest quarter showed a $0.12 per-share loss and $23.33 million in revenue.
Gaia, Inc. (NASDAQ:GAIA - Get Free Report) Director Paul Sutherland purchased 11,100 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average cost of $1.23 per share, for a total transaction of $13,653.00. Following the acquisition, the director owned 462,173 shares of the company's stock, valued at approximately $568,472.79. The trade was a 2.46% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Paul Howard Sutherland also recently made the following trade(s):
- On Friday, September 11th, Paul Sutherland purchased 3,500 shares of Gaia stock. The stock was bought at an average price of $1.37 per share, for a total transaction of $4,795.00.
- On Wednesday, September 9th, Paul Sutherland acquired 500 shares of Gaia stock. The shares were bought at an average cost of $1.55 per share, with a total value of $775.00.
- On Wednesday, September 2nd, Paul Sutherland acquired 1,000 shares of Gaia stock. The shares were bought at an average cost of $1.67 per share, with a total value of $1,670.00.
- On Friday, August 21st, Paul Sutherland acquired 2,500 shares of Gaia stock. The shares were bought at an average cost of $1.46 per share, with a total value of $3,650.00.
- On Thursday, August 20th, Paul Sutherland bought 1,580 shares of Gaia stock. The stock was bought at an average price of $1.46 per share, for a total transaction of $2,306.80.
- On Monday, August 17th, Paul Sutherland bought 3,420 shares of Gaia stock. The stock was bought at an average cost of $1.47 per share, for a total transaction of $5,027.40.
- On Friday, August 14th, Paul Sutherland bought 7,500 shares of Gaia stock. The stock was bought at an average cost of $1.42 per share, for a total transaction of $10,650.00.
Gaia Price Performance
Gaia stock opened at $1.24 on Thursday. Gaia, Inc. has a 12 month low of $1.16 and a 12 month high of $6.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.41 and a quick ratio of 0.41. The business has a 50 day simple moving average of $1.69 and a 200-day simple moving average of $2.31. The stock has a market capitalization of $31.53 million, a PE ratio of -5.17 and a beta of 0.96.
Gaia (NASDAQ:GAIA - Get Free Report) last posted 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 net margin of 6.08% and a negative return on equity of 5.82%. The firm had revenue of $23.33 million for the quarter, compared to analyst estimates of $24.60 million. Equities analysts predict that Gaia, Inc. will post -0.41 earnings per share for the current year.
Institutional Trading of Gaia
Several hedge funds have recently modified their holdings of GAIA. Squarepoint Ops LLC boosted its stake 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 buying an additional 31,187 shares in the last quarter. Marquette Asset Management LLC purchased a new position in Gaia in the second quarter worth $189,000. Finally, Manatuck Hill Partners LLC purchased a new position in Gaia in the fourth quarter worth $290,000. 40.53% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on GAIA shares. Weiss Ratings raised shares of Gaia from a "sell (e+)" rating to a "sell (d-)" rating in a report on Monday, August 31st. Wall Street Zen cut shares of Gaia from a "sell" rating to a "strong sell" rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of "Sell".
Read Our Latest Stock Analysis 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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