Suntrust Banks Inc. bought a new stake in Gaia Inc (NASDAQ:GAIA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,010 shares of the company’s stock, valued at approximately $136,000.
Other large investors have also recently modified their holdings of the company. California State Teachers Retirement System boosted its holdings in shares of Gaia by 10.7% in the second quarter. California State Teachers Retirement System now owns 15,550 shares of the company’s stock valued at $174,000 after acquiring an additional 1,500 shares in the last quarter. Teachers Advisors LLC boosted its holdings in shares of Gaia by 115.9% in the second quarter. Teachers Advisors LLC now owns 15,847 shares of the company’s stock valued at $177,000 after acquiring an additional 8,507 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in shares of Gaia by 97.9% in the second quarter. TIAA CREF Investment Management LLC now owns 24,379 shares of the company’s stock valued at $273,000 after acquiring an additional 12,059 shares in the last quarter. State Street Corp boosted its holdings in shares of Gaia by 11.8% in the second quarter. State Street Corp now owns 91,253 shares of the company’s stock valued at $1,021,000 after acquiring an additional 9,654 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Gaia by 36.4% in the second quarter. Dimensional Fund Advisors LP now owns 173,676 shares of the company’s stock valued at $1,945,000 after acquiring an additional 46,379 shares in the last quarter. 32.02% of the stock is currently owned by institutional investors and hedge funds.
Several analysts have recently weighed in on GAIA shares. Lake Street Capital reaffirmed a “buy” rating and issued a $20.00 target price (up previously from $17.00) on shares of Gaia in a report on Tuesday, February 27th. TheStreet raised shares of Gaia from a “d+” rating to a “c-” rating in a report on Monday, February 26th.
Shares of Gaia Inc (GAIA) opened at $14.45 on Tuesday. Gaia Inc has a fifty-two week low of $8.50 and a fifty-two week high of $14.50.
Gaia (NASDAQ:GAIA) last issued its earnings results on Monday, February 26th. The company reported ($0.37) earnings per share for the quarter. The firm had revenue of $8.43 million during the quarter. Gaia had a negative net margin of 82.26% and a negative return on equity of 28.29%.
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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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