Gaia Inc (GAIA) Insider Paul C. Jr. Tarell Purchases 3,500 Shares
Gaia Inc (NASDAQ:GAIA) insider Paul C. Jr. Tarell purchased 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The shares were bought at an average price of $11.72 per share, for a total transaction of $41,020.00. Following the acquisition, the insider now directly owns 25,140 shares in the company, valued at approximately $294,640.80. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.
NASDAQ:GAIA opened at $11.85 on Wednesday. Gaia Inc has a fifty-two week low of $11.32 and a fifty-two week high of $22.75.
Gaia (NASDAQ:GAIA) last announced its quarterly earnings data on Monday, November 5th. The company reported ($0.58) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.41) by ($0.17). The business had revenue of $11.39 million during the quarter, compared to the consensus estimate of $11.27 million. Gaia had a negative net margin of 70.92% and a negative return on equity of 29.95%. Sell-side analysts predict that Gaia Inc will post -1.91 earnings per share for the current year.
Several analysts recently weighed in on GAIA shares. Lake Street Capital increased their price target on Gaia to $28.00 and gave the company a “buy” rating in a report on Tuesday, August 7th. BidaskClub upgraded Gaia from a “hold” rating to a “buy” rating in a report on Friday, July 20th. TheStreet lowered Gaia from a “c-” rating to a “d” rating in a report on Thursday, November 8th. Finally, Zacks Investment Research lowered Gaia from a “buy” rating to a “hold” rating in a report on Thursday, November 8th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Gaia has a consensus rating of “Buy” and a consensus price target of $23.80.
Gaia, Inc operates a digital video subscription service and online community that caters underserved subscribers worldwide. The company has a digital content library of approximately 8,000 titles available to its subscribers on Internet-connected devices. Its subscribers have access to a library of films, documentaries, interviews, yoga classes, transformation related content, and others for digital streaming.
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