Paul Howard Sutherland Buys 5,486 Shares of Gaia (NASDAQ:GAIA) Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland acquired 5,486 shares of Gaia stock in a transaction that occurred on Monday, March 16th. The shares were purchased at an average price of $3.11 per share, with a total value of $17,061.46. Following the transaction, the director owned 302,943 shares of the company’s stock, valued at $942,152.73. The trade was a 1.84% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, March 17th, Paul Howard Sutherland bought 1,514 shares of Gaia stock. The stock was purchased at an average cost of $3.07 per share, for a total transaction of $4,647.98.
• On Friday, March 13th, Paul Howard Sutherland purchased 2,000 shares of Gaia stock. The shares were purchased at an average price of $3.07 per share, with a total value of $6,140.00.
• On Tuesday, March 10th, Paul Howard Sutherland purchased 10,250 shares of Gaia stock. The shares were acquired at an average cost of $3.08 per share, with a total value of $31,570.00.
• On Friday, March 6th, Paul Howard Sutherland bought 10,000 shares of Gaia stock. The stock was bought at an average cost of $3.15 per share, for a total transaction of $31,500.00.
• On Monday, December 22nd, Paul Howard Sutherland bought 2,000 shares of Gaia stock. The shares were bought at an average price of $3.70 per share, for a total transaction of $7,400.00.
• On Thursday, December 18th, Paul Howard Sutherland acquired 1,500 shares of Gaia stock. The stock was bought at an average cost of $3.81 per share, for a total transaction of $5,715.00.

Gaia Trading Down 4.3%

Gaia stock opened at $2.87 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.05. Gaia, Inc. has a 12-month low of $2.78 and a 12-month high of $6.39. The firm has a market capitalization of $71.69 million, a price-to-earnings ratio of -15.94 and a beta of 0.93. The firm has a 50 day moving average of $3.35 and a 200 day moving average of $4.30.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $25.50 million during the quarter, compared to analysts’ expectations of $25.35 million. Gaia had a negative return on equity of 4.39% and a negative net margin of 4.54%. As a group, research analysts predict that Gaia, Inc. will post -0.23 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in shares of Gaia by 113.3% in the second quarter. Geode Capital Management LLC now owns 405,602 shares of the company’s stock worth $1,781,000 after purchasing an additional 215,415 shares during the last quarter. Manatuck Hill Partners LLC bought a new position in Gaia during the fourth quarter valued at approximately $290,000. Vanguard Group Inc. grew its holdings in Gaia by 6.6% during the 3rd quarter. Vanguard Group Inc. now owns 835,939 shares of the company’s stock valued at $4,949,000 after buying an additional 51,610 shares in the last quarter. Marshall Wace LLP purchased a new position in Gaia during the 4th quarter valued at approximately $99,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in Gaia in the 4th quarter worth approximately $84,000. Hedge funds and other institutional investors own 40.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on GAIA. Wall Street Zen raised Gaia to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Gaia in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company 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.