P.A.W. Capital Corp grew its stake in Gaia Inc (NASDAQ:GAIA) by 11.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 250,000 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. Gaia comprises about 2.3% of P.A.W. Capital Corp’s portfolio, making the stock its 13th biggest position. P.A.W. Capital Corp’s holdings in Gaia were worth $2,288,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in GAIA. FMR LLC increased its holdings in shares of Gaia by 20.9% in the 4th quarter. FMR LLC now owns 1,456,721 shares of the company’s stock valued at $15,092,000 after acquiring an additional 251,343 shares during the period. Phoenician Capital LLC purchased a new position in Gaia during the 4th quarter worth $1,791,000. Menta Capital LLC purchased a new position in Gaia during the 4th quarter worth $1,290,000. Royce & Associates LP grew its stake in Gaia by 13.6% during the 4th quarter. Royce & Associates LP now owns 642,500 shares of the company’s stock worth $6,656,000 after buying an additional 76,900 shares during the last quarter. Finally, Virginia National Bank grew its stake in Gaia by 14.9% during the 4th quarter. Virginia National Bank now owns 577,091 shares of the company’s stock worth $5,979,000 after buying an additional 74,994 shares during the last quarter. Institutional investors and hedge funds own 46.33% of the company’s stock.
Several brokerages recently weighed in on GAIA. Zacks Investment Research upgraded Gaia from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. ValuEngine downgraded Gaia from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 4th. B. Riley restated a “buy” rating on shares of Gaia in a research note on Wednesday, December 26th. Finally, Lake Street Capital dropped their target price on Gaia to $20.00 and set a “buy” rating on the stock in a research note on Tuesday, March 5th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $21.75.
Gaia stock opened at $9.21 on Wednesday. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.15. The stock has a market cap of $163.61 million, a price-to-earnings ratio of -4.70 and a beta of 1.01. Gaia Inc has a fifty-two week low of $8.45 and a fifty-two week high of $22.75.
Gaia (NASDAQ:GAIA) last issued its quarterly earnings data on Monday, March 4th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.58) by ($0.04). The company had revenue of $12.38 million during the quarter, compared to analyst estimates of $13.08 million. Gaia had a negative net margin of 77.08% and a negative return on equity of 35.28%. On average, research analysts forecast that Gaia Inc will post -1.09 earnings per share for the current year.
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Gaia, Inc operates a digital video subscription service and online community that caters underserved subscribers worldwide. The company has a digital content library of approximately 8,000 titles available to its subscribers on Internet-connected devices. Its subscribers have access to a library of films, documentaries, interviews, yoga classes, transformation related content, and others for digital streaming.
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