Huntleigh Advisors Inc. Boosts Stock Holdings in Gaia, Inc. $GAIA

Huntleigh Advisors Inc. increased its position in shares of Gaia, Inc. (NASDAQ:GAIA) by 5.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,456 shares of the company’s stock after purchasing an additional 3,698 shares during the period. Huntleigh Advisors Inc. owned approximately 0.28% of Gaia worth $305,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Gaia by 21.1% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,453 shares of the company’s stock worth $79,000 after purchasing an additional 3,557 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Gaia by 42.2% during the first quarter. Goldman Sachs Group Inc. now owns 28,622 shares of the company’s stock worth $110,000 after purchasing an additional 8,500 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new position in Gaia in the first quarter valued at about $54,000. P.A.W. Capital Corp increased its holdings in Gaia by 8.6% in the first quarter. P.A.W. Capital Corp now owns 190,000 shares of the company’s stock valued at $732,000 after buying an additional 15,000 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Gaia in the first quarter valued at about $73,000. 40.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gaia in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $8.00.

Gaia Trading Down 2.9%

Shares of Gaia stock opened at $5.64 on Friday. The company has a 50-day moving average of $5.74 and a two-hundred day moving average of $4.87. The stock has a market cap of $141.62 million, a PE ratio of -29.68 and a beta of 0.83. Gaia, Inc. has a 12-month low of $2.93 and a 12-month high of $6.53.

Gaia (NASDAQ:GAIA) last released its quarterly earnings results on Monday, August 11th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.01. The business had revenue of $24.63 million for the quarter, compared to analyst estimates of $24.33 million. Gaia had a negative net margin of 5.06% and a negative return on equity of 5.00%. On average, sell-side analysts forecast that Gaia, Inc. will post -0.23 EPS for the current fiscal year.

Gaia Company Profile

Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.