Paul Howard Sutherland Buys 10,250 Shares of Gaia (NASDAQ:GAIA) Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland acquired 10,250 shares of Gaia stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of $3.08 per share, with a total value of $31,570.00. Following the completion of the purchase, the director owned 295,457 shares in the company, valued at $910,007.56. The trade was a 3.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, March 6th, Paul Howard Sutherland acquired 10,000 shares of Gaia stock. The stock was purchased at an average price of $3.15 per share, for a total transaction of $31,500.00.
• On Monday, December 22nd, Paul Howard Sutherland bought 2,000 shares of Gaia stock. The shares were acquired at an average cost of $3.70 per share, with a total value of $7,400.00.
• On Thursday, December 18th, Paul Howard Sutherland purchased 1,500 shares of Gaia stock. The stock was acquired at an average cost of $3.81 per share, for a total transaction of $5,715.00.
• On Tuesday, December 16th, Paul Howard Sutherland acquired 1,500 shares of Gaia stock. The shares were 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 stock was acquired at an average cost of $3.75 per share, for a total transaction of $5,531.25.

Gaia Price Performance

Shares of GAIA stock traded down $0.02 during trading hours on Friday, reaching $3.12. The company had a trading volume of 1,850 shares, compared to its average volume of 75,819. Gaia, Inc. has a 12-month low of $2.93 and a 12-month high of $6.39. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.52 and a current ratio of 0.59. The company has a market capitalization of $78.34 million, a price-to-earnings ratio of -17.33 and a beta of 0.93. The stock has a fifty day moving average of $3.40 and a 200-day moving average of $4.39.

Gaia (NASDAQ:GAIA) last announced 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 return on equity of 4.39% and a negative net margin of 4.54%.The company had revenue of $25.50 million for the quarter, compared to analysts’ expectations of $25.35 million. On average, equities analysts anticipate that Gaia, Inc. will post -0.23 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GAIA. Vanguard Group Inc. boosted its position in shares of Gaia by 6.6% during the third quarter. Vanguard Group Inc. now owns 835,939 shares of the company’s stock worth $4,949,000 after buying an additional 51,610 shares during the period. Peapod Lane Capital LLC raised its holdings in shares of Gaia by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 630,840 shares of the company’s stock valued at $2,290,000 after buying an additional 4,626 shares during the period. Geode Capital Management LLC raised its holdings in shares of Gaia by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 409,081 shares of the company’s stock valued at $1,485,000 after buying an additional 5,037 shares during the period. Manatuck Hill Partners LLC acquired a new position in Gaia during the 4th quarter worth about $290,000. Finally, Huntleigh Advisors Inc. lifted its stake in Gaia by 6.2% during the 3rd quarter. Huntleigh Advisors Inc. now owns 73,788 shares of the company’s stock worth $437,000 after acquiring an additional 4,332 shares in the last quarter. 40.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Gaia to a “hold” rating in a report on Saturday, December 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gaia in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

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.