Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Buys 10,000 Shares of Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $3.15 per share, for a total transaction of $31,500.00. Following the acquisition, the director directly owned 285,207 shares of the company’s stock, valued at $898,402.05. This trade represents a 3.63% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Monday, December 22nd, Paul Howard Sutherland acquired 2,000 shares of Gaia stock. The shares were acquired at an average cost of $3.70 per share, for a total transaction of $7,400.00.
• On Thursday, December 18th, Paul Howard Sutherland acquired 1,500 shares of Gaia stock. The stock was acquired at an average price of $3.81 per share, with a total value of $5,715.00.
• On Tuesday, December 16th, Paul Howard Sutherland bought 1,500 shares of Gaia stock. The stock was acquired at an average cost of $4.14 per share, with a total value of $6,210.00.
• On Thursday, December 11th, Paul Howard Sutherland bought 1,475 shares of Gaia stock. The shares were bought at an average price of $3.75 per share, for a total transaction of $5,531.25.
• On Wednesday, December 10th, Paul Howard Sutherland bought 5,775 shares of Gaia stock. The shares were bought at an average price of $3.71 per share, for a total transaction of $21,425.25.
• On Tuesday, December 9th, Paul Howard Sutherland purchased 450 shares of Gaia stock. The shares were bought at an average cost of $3.53 per share, for a total transaction of $1,588.50.
• On Tuesday, December 9th, Paul Howard Sutherland purchased 1,500 shares of Gaia stock. The stock was bought at an average price of $3.53 per share, with a total value of $5,295.00.

Gaia Stock Up 1.5%

Shares of NASDAQ GAIA opened at $3.29 on Tuesday. Gaia, Inc. has a 52 week low of $2.93 and a 52 week high of $6.39. The firm has a 50-day moving average price of $3.43 and a 200 day moving average price of $4.42. The stock has a market capitalization of $82.61 million, a price-to-earnings ratio of -18.28 and a beta of 0.93.

Gaia (NASDAQ:GAIA) last issued its earnings results on Monday, March 2nd. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Gaia had a negative return on equity of 4.41% and a negative net margin of 4.54%.The company had revenue of $25.50 million for the quarter, compared to analyst estimates of $25.35 million. Equities research analysts expect that Gaia, Inc. will post -0.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GAIA has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gaia in a research note on Thursday, January 22nd. Wall Street Zen upgraded Gaia to a “hold” rating in a research report on Saturday, December 6th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $9.00.

Institutional Trading of Gaia

A number of hedge funds have recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in Gaia in the 4th quarter valued at $38,000. Manatuck Hill Partners LLC purchased a new position in shares of Gaia during the 4th quarter worth $290,000. Marshall Wace LLP acquired a new stake in shares of Gaia during the fourth quarter worth $99,000. Wells Fargo & Company MN grew its position in shares of Gaia by 39.4% in the fourth quarter. Wells Fargo & Company MN now owns 18,820 shares of the company’s stock valued at $68,000 after purchasing an additional 5,321 shares during the period. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of Gaia in the fourth quarter valued at $84,000. Institutional investors and hedge funds own 40.53% of the company’s stock.

About Gaia

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.