Paul Howard Sutherland Buys 11,100 Shares of Gaia (NASDAQ:GAIA) Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Sutherland bought 11,100 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average price of $1.23 per share, for a total transaction of $13,653.00. Following the acquisition, the director directly owned 462,173 shares in the company, valued at approximately $568,472.79. This trade represents a 2.46% increase in their ownership of the stock. The purchase 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 acquired at an average cost 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 stock was acquired at an average price of $1.55 per share, for a total transaction of $775.00.
• On Wednesday, September 2nd, Paul Sutherland purchased 1,000 shares of Gaia stock. The shares were acquired at an average price of $1.67 per share, with a total value of $1,670.00.
• On Friday, August 21st, Paul Sutherland purchased 2,500 shares of Gaia stock. The shares were acquired at an average price of $1.46 per share, with a total value of $3,650.00.
• On Thursday, August 20th, Paul Sutherland acquired 1,580 shares of Gaia stock. The stock was acquired at an average cost of $1.46 per share, with a total value of $2,306.80.
• On Monday, August 17th, Paul Sutherland acquired 3,420 shares of Gaia stock. The stock was bought at an average price of $1.47 per share, for a total transaction of $5,027.40.
• On Friday, August 14th, Paul Sutherland acquired 7,500 shares of Gaia stock. The stock was bought at an average price of $1.42 per share, for a total transaction of $10,650.00.

Gaia Stock Performance

GAIA stock traded down $0.04 on Wednesday, reaching $1.24. 35,881 shares of the company were exchanged, compared to its average volume of 114,500. The firm has a market capitalization of $31.41 million, a PE ratio of -5.15 and a beta of 0.96. Gaia, Inc. has a 12 month low of $1.16 and a 12 month high of $6.39. The stock’s fifty day moving average price is $1.71 and its 200 day moving average price is $2.33. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.41 and a quick ratio of 0.41.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $24.60 million. On average, research analysts anticipate that Gaia, Inc. will post -0.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on GAIA. Wall Street Zen lowered Gaia from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Weiss Ratings upgraded shares of Gaia from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, August 31st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Gaia presently has an average rating of “Sell”.

Hedge Funds Weigh In On Gaia

A number of large investors have recently modified their holdings of the stock. Squarepoint Ops LLC lifted its holdings in 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 during the period. Manatuck Hill Partners LLC bought a new stake in shares of Gaia during the 4th quarter valued at $290,000. Finally, Marquette Asset Management LLC bought a new stake in shares of Gaia during the 2nd quarter valued at $189,000. 40.53% of the stock is currently owned by institutional investors and hedge funds.

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.