Shares of Gaia Inc (NASDAQ:GAIA) have been given a consensus recommendation of “Buy” by the eight analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.25.

Several research firms have issued reports on GAIA. Zacks Investment Research cut shares of Gaia from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Lake Street Capital increased their target price on shares of Gaia to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, August 7th. BidaskClub cut shares of Gaia from a “buy” rating to a “hold” rating in a research note on Saturday, July 28th. Finally, TheStreet cut shares of Gaia from a “c-” rating to a “d” rating in a research note on Thursday, November 8th.

NASDAQ GAIA traded down $0.27 on Tuesday, hitting $11.90. The stock had a trading volume of 166,800 shares, compared to its average volume of 110,193. Gaia has a 52-week low of $11.32 and a 52-week high of $22.75. The stock has a market capitalization of $217.66 million, a PE ratio of -7.52 and a beta of 0.68.

Gaia (NASDAQ:GAIA) last posted its earnings results on Monday, November 5th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.41) by ($0.17). Gaia had a negative return on equity of 29.95% and a negative net margin of 70.92%. The firm had revenue of $11.39 million during the quarter, compared to analysts’ expectations of $11.27 million. On average, analysts forecast that Gaia will post -1.91 EPS for the current fiscal year.

In other Gaia news, insider Paul C. Jr. Tarell bought 3,500 shares of Gaia stock in a transaction that occurred on Tuesday, November 13th. The shares were bought at an average price of $11.72 per share, with a total value of $41,020.00. Following the acquisition, the insider now owns 25,140 shares in the company, valued at $294,640.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 43.40% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in GAIA. JPMorgan Chase & Co. boosted its stake in shares of Gaia by 2,519.1% during the 1st quarter. JPMorgan Chase & Co. now owns 49,658 shares of the company’s stock valued at $770,000 after purchasing an additional 47,762 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Gaia by 10.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 239,807 shares of the company’s stock valued at $3,717,000 after purchasing an additional 23,051 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Gaia by 237.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 8,240 shares of the company’s stock valued at $128,000 after purchasing an additional 5,796 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Gaia by 81.2% during the 1st quarter. Millennium Management LLC now owns 100,863 shares of the company’s stock valued at $1,563,000 after purchasing an additional 45,207 shares in the last quarter. Finally, Allianz Asset Management GmbH bought a new stake in shares of Gaia during the 1st quarter valued at about $3,004,000. 43.57% of the stock is currently owned by hedge funds and other institutional investors.

About Gaia

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.

Featured Story: What is a stock buyback?

Receive News & Ratings for Gaia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaia and related companies with MarketBeat.com's FREE daily email newsletter.