Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Acquires 5,486 Shares

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland bought 5,486 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were bought at an average price of $3.11 per share, with a total value of $17,061.46. Following the purchase, the director owned 302,943 shares in the company, valued at $942,152.73. The trade was a 1.84% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

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

Gaia Stock Performance

Shares of NASDAQ GAIA traded down $0.05 during trading hours on Wednesday, reaching $3.04. 54,358 shares of the stock were exchanged, compared to its average volume of 76,537. The firm has a market capitalization of $75.94 million, a price-to-earnings ratio of -16.97 and a beta of 0.93. The stock’s fifty day simple moving average is $3.38 and its 200 day simple moving average is $4.32. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.59 and a current ratio of 0.59. Gaia, Inc. has a 52 week low of $2.93 and a 52 week high of $6.39.

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

Wall Street Analysts Forecast Growth

GAIA has been the topic of several analyst reports. Wall Street Zen upgraded shares of Gaia to a “hold” rating in a research report on Saturday, December 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Gaia in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in Gaia by 113.3% during the 2nd quarter. Geode Capital Management LLC now owns 405,602 shares of the company’s stock worth $1,781,000 after acquiring an additional 215,415 shares during the last quarter. Manatuck Hill Partners LLC acquired a new position in shares of Gaia during the fourth quarter worth $290,000. Vanguard Group Inc. grew its stake in shares of Gaia by 6.6% in the third quarter. Vanguard Group Inc. now owns 835,939 shares of the company’s stock worth $4,949,000 after purchasing an additional 51,610 shares during the last quarter. Marshall Wace LLP acquired a new stake in Gaia in the fourth quarter valued at $99,000. Finally, O Shaughnessy Asset Management LLC bought a new position in Gaia during the 4th quarter worth $84,000. Institutional investors own 40.53% of the company’s stock.

Gaia Company Profile

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.