Gaia (NASDAQ:GAIA) Director Paul Howard Sutherland Buys 11,100 Shares

Gaia, Inc. (NASDAQ:GAIA) Director Paul Sutherland acquired 11,100 shares of the stock in a transaction dated Monday, September 14th. The shares were acquired at an average cost of $1.23 per share, with a total value of $13,653.00. Following the completion of the transaction, the director owned 462,173 shares in the company, valued at approximately $568,472.79. This represents a 2.46% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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, for a total transaction 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, for a total transaction of $775.00.
• On Wednesday, September 2nd, Paul Sutherland bought 1,000 shares of Gaia stock. The shares were acquired at an average cost 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 acquired at an average price of $1.46 per share, with a total value of $3,650.00.
• On Thursday, August 20th, Paul Sutherland purchased 1,580 shares of Gaia stock. The stock was acquired at an average cost of $1.46 per share, with a total value of $2,306.80.
• On Monday, August 17th, Paul Sutherland purchased 3,420 shares of Gaia stock. The stock was acquired at an average cost of $1.47 per share, with a total value of $5,027.40.
• On Friday, August 14th, Paul Sutherland purchased 7,500 shares of Gaia stock. The stock was bought at an average price of $1.42 per share, for a total transaction of $10,650.00.

Gaia Stock Down 3.1%

GAIA stock opened at $1.24 on Thursday. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.05. Gaia, Inc. has a twelve month low of $1.16 and a twelve month high of $6.39. The company’s 50 day moving average is $1.69 and its two-hundred day moving average is $2.31. The stock has a market cap of $31.53 million, a P/E ratio of -5.17 and a beta of 0.96.

Gaia (NASDAQ:GAIA) last issued its earnings results on Monday, August 10th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.01. The business had revenue of $23.33 million during the quarter, compared to analysts’ expectations of $24.60 million. Gaia had a negative net margin of 6.08% and a negative return on equity of 5.82%. Research analysts expect that Gaia, Inc. will post -0.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Gaia

A number of hedge funds have recently modified their holdings of GAIA. Marquette Asset Management LLC acquired a new position in shares of Gaia in the 2nd quarter valued at $189,000. Manatuck Hill Partners LLC acquired a new stake in Gaia during the 4th quarter worth $290,000. Finally, Squarepoint Ops LLC boosted its stake in 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 period. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

About Gaia

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.