Paul Howard Sutherland Purchases 7,500 Shares of Gaia (NASDAQ:GAIA) Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Howard Sutherland purchased 7,500 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were bought at an average cost of $1.42 per share, with a total value of $10,650.00. Following the transaction, the director directly owned 438,573 shares of the company’s stock, valued at approximately $622,773.66. This represents a 1.74% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, August 17th, Paul Howard Sutherland purchased 3,420 shares of Gaia stock. The stock was bought at an average price of $1.47 per share, with a total value of $5,027.40.

Gaia Trading Up 3.4%

GAIA opened at $1.51 on Thursday. The stock has a market capitalization of $38.40 million, a PE ratio of -6.29 and a beta of 0.95. The firm’s fifty day moving average price is $2.00 and its 200 day moving average price is $2.56. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.41 and a quick ratio of 0.41. Gaia, Inc. has a 12-month low of $1.16 and a 12-month high of $6.39.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, August 10th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. The firm had revenue of $23.33 million for the quarter, compared to the consensus estimate of $24.60 million. Gaia had a negative net margin of 6.08% and a negative return on equity of 5.82%. As a group, research analysts expect that Gaia, Inc. will post -0.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on GAIA. Weiss Ratings downgraded Gaia from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 13th. Wall Street Zen cut Gaia from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Gaia presently has an average rating of “Sell”.

Institutional Trading of Gaia

Several institutional investors have recently added to or reduced their stakes in GAIA. Marquette Asset Management LLC acquired a new stake in shares of Gaia during the second quarter worth $189,000. XTX Topco Ltd acquired a new position in shares of Gaia in the 4th quarter valued at about $38,000. Manatuck Hill Partners LLC bought a new stake in shares of Gaia during the 4th quarter valued at about $290,000. Marshall Wace LLP bought a new stake in shares of Gaia during the 4th quarter valued at about $99,000. Finally, Wells Fargo & Company MN raised its stake in Gaia by 39.4% during the fourth quarter. Wells Fargo & Company MN now owns 18,820 shares of the company’s stock worth $68,000 after acquiring an additional 5,321 shares during the period. Institutional investors own 40.53% of the company’s stock.

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.