Paul Howard Sutherland Buys 2,500 Shares of Gaia Inc (NASDAQ:GAIA) Stock

Gaia Inc (NASDAQ:GAIA) Director Paul Howard Sutherland bought 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average price of $7.48 per share, for a total transaction of $18,700.00. Following the completion of the transaction, the director now directly owns 91,557 shares of the company’s stock, valued at approximately $684,846.36. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Wednesday, August 7th, Paul Howard Sutherland bought 15,000 shares of Gaia stock. The stock was purchased at an average price of $6.28 per share, for a total transaction of $94,200.00.

GAIA stock traded up $0.07 during midday trading on Thursday, reaching $7.52. 5,895 shares of the company traded hands, compared to its average volume of 166,308. Gaia Inc has a 52-week low of $5.68 and a 52-week high of $17.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.43. The business has a 50 day moving average of $6.87 and a 200-day moving average of $8.58. The firm has a market capitalization of $140.45 million, a price-to-earnings ratio of -3.87 and a beta of 1.20.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings data on Monday, August 5th. The company reported ($0.25) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.06. Gaia had a negative return on equity of 39.97% and a negative net margin of 66.00%. The business had revenue of $13.16 million for the quarter, compared to the consensus estimate of $13.09 million. Research analysts anticipate that Gaia Inc will post -1.1 earnings per share for the current year.

GAIA has been the topic of a number of research analyst reports. Lake Street Capital decreased their target price on Gaia from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. Zacks Investment Research upgraded Gaia from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a research report on Wednesday. Finally, ValuEngine upgraded Gaia from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $15.83.

Hedge funds have recently modified their holdings of the business. FMR LLC grew its stake in shares of Gaia by 20.7% during the first quarter. FMR LLC now owns 1,758,793 shares of the company’s stock valued at $16,093,000 after buying an additional 302,072 shares during the last quarter. AWM Investment Company Inc. grew its stake in shares of Gaia by 121.7% during the second quarter. AWM Investment Company Inc. now owns 716,180 shares of the company’s stock valued at $5,429,000 after buying an additional 393,206 shares during the last quarter. Royce & Associates LP grew its stake in shares of Gaia by 7.6% during the first quarter. Royce & Associates LP now owns 691,300 shares of the company’s stock valued at $6,325,000 after buying an additional 48,800 shares during the last quarter. P.A.W. Capital Corp grew its stake in shares of Gaia by 20.0% during the second quarter. P.A.W. Capital Corp now owns 300,000 shares of the company’s stock valued at $2,274,000 after buying an additional 50,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Gaia by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 297,525 shares of the company’s stock valued at $3,082,000 after buying an additional 3,093 shares during the last quarter. Institutional investors and hedge funds own 43.04% of the company’s stock.

About Gaia

Gaia, Inc operates a digital video subscription service and online community that caters underserved subscriber base 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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Insider Buying and Selling by Quarter for Gaia (NASDAQ:GAIA)

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