Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Buys 7,500 Shares of Stock

Gaia, Inc. (NASDAQ:GAIAGet Free Report) Director Paul Howard Sutherland acquired 7,500 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were purchased at an average cost of $1.42 per share, for a total transaction of $10,650.00. Following the acquisition, the director directly owned 438,573 shares in the company, valued at $622,773.66. This represents a 1.74% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Gaia Stock Performance

Shares of NASDAQ GAIA traded down $0.01 during trading hours on Tuesday, reaching $1.50. The stock had a trading volume of 30,388 shares, compared to its average volume of 117,039. The business’s fifty day moving average is $2.04 and its two-hundred day moving average is $2.59. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.41 and a quick ratio of 0.41. The company has a market cap of $38.27 million, a price-to-earnings ratio of -6.27 and a beta of 0.95. Gaia, Inc. has a twelve month low of $1.16 and a twelve month high of $6.39.

Gaia (NASDAQ:GAIAGet Free Report) last issued its earnings results on Monday, August 10th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.01. Gaia had a negative return on equity of 5.82% and a negative net margin of 6.08%.The firm had revenue of $23.33 million during the quarter, compared to analysts’ expectations of $24.60 million. As a group, research analysts expect that Gaia, Inc. will post -0.41 EPS for the current year.

Institutional Trading of Gaia

A number of large investors have recently bought and sold shares of GAIA. Geode Capital Management LLC raised its stake in Gaia by 113.3% during the second 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 in the last quarter. Marquette Asset Management LLC acquired a new stake in shares of Gaia in the 2nd quarter valued at $189,000. Manatuck Hill Partners LLC acquired a new stake in shares of Gaia in the 4th quarter valued at $290,000. Vanguard Group Inc. boosted its stake in shares of Gaia by 6.6% in the 3rd quarter. Vanguard Group Inc. now owns 835,939 shares of the company’s stock valued at $4,949,000 after purchasing an additional 51,610 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Gaia in the 4th quarter worth about $99,000. 40.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wall Street Zen downgraded shares of Gaia from a “sell” rating to a “strong sell” rating in a report on Saturday. Weiss Ratings cut shares of Gaia from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Read Our Latest Analysis on Gaia

About Gaia

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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.

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