Weber Alan W Maintains Position in Gaia, Inc. (GAIA)
Weber Alan W continued to hold its stake in shares of Gaia, Inc. (NASDAQ:GAIA) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 9,000 shares of the company’s stock at the end of the second quarter. Weber Alan W’s holdings in Gaia were worth $101,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Spectrum Asset Management Inc. NB CA bought a new stake in shares of Gaia during the second quarter valued at about $153,000. Silver Capital Management LLC bought a new stake in shares of Gaia during the first quarter valued at about $210,000. Bank of New York Mellon Corp raised its stake in shares of Gaia by 82.1% in the first quarter. Bank of New York Mellon Corp now owns 22,633 shares of the company’s stock valued at $225,000 after buying an additional 10,201 shares during the last quarter. Strs Ohio raised its stake in shares of Gaia by 6.1% in the second quarter. Strs Ohio now owns 36,800 shares of the company’s stock valued at $412,000 after buying an additional 2,100 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Gaia by 1.4% in the first quarter. Geode Capital Management LLC now owns 98,783 shares of the company’s stock valued at $982,000 after buying an additional 1,398 shares during the last quarter. Institutional investors own 31.64% of the company’s stock.
Shares of Gaia, Inc. (GAIA) opened at 11.25 on Friday. Gaia, Inc. has a 52 week low of $6.05 and a 52 week high of $13.50. The stock has a market cap of $170.54 million, a price-to-earnings ratio of 2.01 and a beta of 1.15. The stock’s 50 day moving average is $11.43 and its 200 day moving average is $10.34.
Gaia (NASDAQ:GAIA) last issued its quarterly earnings data on Monday, August 7th. The company reported ($0.42) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.45) by $0.03. The company had revenue of $6.56 million for the quarter. Gaia had a net margin of 392.56% and a negative return on equity of 17.07%. On average, equities analysts forecast that Gaia, Inc. will post ($1.73) EPS for the current year.
Separately, Lake Street Capital restated a “buy” rating and set a $17.00 price target (up previously from $12.00) on shares of Gaia in a research note on Tuesday, May 2nd.
Gaia Company Profile
Gaia, Inc, formerly Gaiam, Inc, is engaged in providing global digital video subscription service. The Company is a global digital video streaming service and online community delivering curated media to its subscribers in over 120 countries. It provides its members access to approximately 7,000 video titles.
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