Gaia (NASDAQ:GAIA) COO Yonathan Abraham Nuta Buys 4,000 Shares

Gaia, Inc. (NASDAQ:GAIA) COO Yonathan Abraham Nuta acquired 4,000 shares of the company’s stock in a transaction on Monday, December 8th. The stock was acquired at an average cost of $3.48 per share, for a total transaction of $13,920.00. Following the completion of the acquisition, the chief operating officer owned 4,000 shares of the company’s stock, valued at $13,920. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Gaia Stock Down 3.1%

GAIA opened at $3.42 on Tuesday. The company has a market cap of $85.88 million, a PE ratio of -18.00 and a beta of 0.95. Gaia, Inc. has a twelve month low of $2.93 and a twelve month high of $6.39. The company has a 50-day moving average price of $4.84 and a 200 day moving average price of $4.91.

Gaia (NASDAQ:GAIA) last released its earnings results on Monday, November 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.05). The business had revenue of $24.98 million during the quarter, compared to analyst estimates of $25.23 million. Gaia had a negative net margin of 4.87% and a negative return on equity of 4.80%. As a group, sell-side analysts expect that Gaia, Inc. will post -0.23 earnings per share for the current year.

Hedge Funds Weigh In On Gaia

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Gaia by 21.1% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,453 shares of the company’s stock valued at $79,000 after purchasing an additional 3,557 shares in the last quarter. Huntleigh Advisors Inc. increased its holdings in Gaia by 5.6% in the second quarter. Huntleigh Advisors Inc. now owns 69,456 shares of the company’s stock valued at $305,000 after buying an additional 3,698 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Gaia by 32.0% in the third quarter. JPMorgan Chase & Co. now owns 20,468 shares of the company’s stock valued at $121,000 after buying an additional 4,959 shares in the last quarter. Bank of America Corp DE lifted its holdings in Gaia by 201.9% during the 2nd quarter. Bank of America Corp DE now owns 7,735 shares of the company’s stock worth $34,000 after buying an additional 5,173 shares during the last quarter. Finally, Peapod Lane Capital LLC boosted its position in shares of Gaia by 1.1% during the 3rd quarter. Peapod Lane Capital LLC now owns 626,214 shares of the company’s stock worth $3,707,000 after acquiring an additional 6,998 shares in the last quarter. Hedge funds and other institutional investors own 40.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gaia in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Gaia to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Gaia presently has an average rating of “Moderate Buy” and a consensus target price of $9.00.

About Gaia

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.