Bank of New York Mellon Corp grew its position in shares of Gaia, Inc. (NASDAQ:GAIA) by 37.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,220 shares of the company’s stock after buying an additional 8,587 shares during the period. Bank of New York Mellon Corp owned 0.21% of Gaia worth $350,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of GAIA. FMR LLC purchased a new stake in Gaia during the 1st quarter worth about $5,970,000. VNBTrust National Association lifted its holdings in Gaia by 19.9% during the 2nd quarter. VNBTrust National Association now owns 356,288 shares of the company’s stock worth $3,990,000 after purchasing an additional 59,025 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Gaia by 45.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 127,297 shares of the company’s stock worth $1,267,000 after purchasing an additional 39,954 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Gaia by 5.9% during the 1st quarter. Renaissance Technologies LLC now owns 460,400 shares of the company’s stock worth $4,581,000 after purchasing an additional 25,805 shares in the last quarter. Finally, Spectrum Asset Management Inc. NB CA purchased a new stake in Gaia during the 2nd quarter worth about $153,000. 31.23% of the stock is currently owned by hedge funds and other institutional investors.
Gaia (NASDAQ:GAIA) last issued its quarterly earnings data on Monday, August 7th. The company reported ($0.42) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.45) by $0.03. The company had revenue of $6.56 million during the quarter. Gaia had a negative return on equity of 17.07% and a net margin of 392.56%.
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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