Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Acquires 10,250 Shares

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland purchased 10,250 shares of Gaia stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of $3.08 per share, with a total value of $31,570.00. Following the transaction, the director owned 295,457 shares of the company’s stock, valued at $910,007.56. This trade represents a 3.59% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, March 6th, Paul Howard Sutherland acquired 10,000 shares of Gaia stock. The shares were bought at an average price of $3.15 per share, with a total value of $31,500.00.
• On Monday, December 22nd, Paul Howard Sutherland acquired 2,000 shares of Gaia stock. The stock was bought at an average cost of $3.70 per share, for a total transaction of $7,400.00.
• On Thursday, December 18th, Paul Howard Sutherland bought 1,500 shares of Gaia stock. The stock was 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 bought 1,500 shares of Gaia stock. The shares were bought at an average cost of $4.14 per share, with a total value of $6,210.00.
• On Thursday, December 11th, Paul Howard Sutherland purchased 1,475 shares of Gaia stock. The shares were bought at an average price of $3.75 per share, with a total value of $5,531.25.

Gaia Stock Performance

Shares of NASDAQ:GAIA traded down $0.10 during mid-day trading on Thursday, reaching $3.17. The company had a trading volume of 16,050 shares, compared to its average volume of 76,482. Gaia, Inc. has a one year low of $2.93 and a one year high of $6.39. The company has a current ratio of 0.59, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05. The company’s 50-day moving average price is $3.41 and its 200-day moving average price is $4.40. The firm has a market cap of $79.52 million, a price-to-earnings ratio of -17.75 and a beta of 0.93.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings data 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). Gaia had a negative net margin of 4.54% and a negative return on equity of 4.39%. The firm had revenue of $25.50 million for the quarter, compared to the consensus estimate of $25.35 million. As a group, equities research analysts anticipate that Gaia, Inc. will post -0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Gaia

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its stake 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 period. XTX Topco Ltd purchased a new position in Gaia during the 4th quarter valued at about $38,000. Ritholtz Wealth Management purchased a new position in Gaia during the 4th quarter valued at about $39,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Gaia during the second quarter valued at about $41,000. Finally, JPMorgan Chase & Co. increased its position 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 valued at $68,000 after buying an additional 14,911 shares during the period. 40.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GAIA. Weiss Ratings restated a “sell (d-)” rating on shares of Gaia in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Gaia to a “hold” rating in a research report on Saturday, December 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

About Gaia

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.