Paul Howard Sutherland Purchases 11,100 Shares of Gaia (NASDAQ:GAIA) Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Sutherland purchased 11,100 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were acquired at an average cost of $1.23 per share, for a total transaction of $13,653.00. Following the transaction, the director owned 462,173 shares of the company’s stock, valued at $568,472.79. This trade represents a 2.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, September 11th, Paul Sutherland acquired 3,500 shares of Gaia stock. The stock was acquired at an average price of $1.37 per share, with a total value of $4,795.00.
• On Wednesday, September 9th, Paul Sutherland bought 500 shares of Gaia stock. The shares were acquired at an average cost of $1.55 per share, with a total value of $775.00.
• On Wednesday, September 2nd, Paul Sutherland bought 1,000 shares of Gaia stock. The shares were bought at an average price of $1.67 per share, for a total transaction of $1,670.00.
• On Friday, August 21st, Paul Sutherland bought 2,500 shares of Gaia stock. The shares were bought at an average price of $1.46 per share, for a total transaction of $3,650.00.
• On Thursday, August 20th, Paul Sutherland purchased 1,580 shares of Gaia stock. The stock was bought at an average cost of $1.46 per share, for a total transaction of $2,306.80.
• On Monday, August 17th, Paul 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.
• On Friday, August 14th, Paul Sutherland acquired 7,500 shares of Gaia stock. The shares were bought at an average cost of $1.42 per share, with a total value of $10,650.00.

Gaia Trading Up 3.2%

Shares of NASDAQ:GAIA opened at $1.28 on Friday. Gaia, Inc. has a 12 month low of $1.16 and a 12 month high of $6.39. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.05. The company’s fifty day simple moving average is $1.68 and its 200 day simple moving average is $2.30. The firm has a market cap of $32.55 million, a price-to-earnings ratio of -5.33 and a beta of 0.96.

Gaia (NASDAQ:GAIA) last announced its earnings results on Monday, August 10th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01. The firm had revenue of $23.33 million during the quarter, compared to analyst estimates 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 forecast that Gaia, Inc. will post -0.41 EPS for the current fiscal year.

Analyst Ratings Changes

GAIA has been the subject of a number of research reports. Wall Street Zen downgraded Gaia from a “sell” rating to a “strong sell” rating in a report on Saturday, August 15th. Weiss Ratings upgraded Gaia from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, August 31st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Marquette Asset Management LLC bought a new stake in Gaia during the second quarter worth $189,000. Manatuck Hill Partners LLC bought a new position in shares of Gaia in the 4th quarter valued at about $290,000. Finally, Squarepoint Ops LLC increased its stake in shares of Gaia by 247.8% during the 2nd quarter. Squarepoint Ops LLC now owns 43,772 shares of the company’s stock worth $92,000 after purchasing an additional 31,187 shares during the last quarter. Institutional investors own 40.53% of the company’s stock.

Gaia Company Profile

Gaia, Inc is a digital media and subscription-based streaming company focused on consciousness, personal transformation and holistic wellness. The company operates Gaia, an online platform offering video programming and other content related to yoga, meditation, fitness, spirituality, alternative health, personal growth and related subjects.

Gaia’s content library includes original series, documentaries, films, classes and educational programming. Its services are primarily delivered through internet-connected devices and are available to subscribers in multiple countries, with programming offered to an international audience.

The company traces its roots to Gaiam, Inc, a business founded by Jirka Rysavy that developed media and products centered on wellness and conscious living.