Insider Buying: Gaia (NASDAQ:GAIA) Director Buys $13,653.00 in Stock

Gaia, Inc. (NASDAQ:GAIA) Director Paul Sutherland acquired 11,100 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was acquired at an average price of $1.23 per share, for a total transaction of $13,653.00. Following the completion of the transaction, the director directly owned 462,173 shares in the company, valued at approximately $568,472.79. This represents a 2.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, September 11th, Paul Sutherland bought 3,500 shares of Gaia stock. The shares were 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 price of $1.55 per share, with a total value of $775.00.
• On Wednesday, September 2nd, Paul Sutherland purchased 1,000 shares of Gaia stock. The stock was acquired at an average cost of $1.67 per share, for a total transaction of $1,670.00.
• On Friday, August 21st, Paul Sutherland purchased 2,500 shares of Gaia stock. The stock was acquired at an average price of $1.46 per share, for a total transaction of $3,650.00.
• On Thursday, August 20th, Paul Sutherland acquired 1,580 shares of Gaia stock. The shares were acquired at an average cost of $1.46 per share, with a total value of $2,306.80.
• On Monday, August 17th, Paul Sutherland acquired 3,420 shares of Gaia stock. The shares were bought at an average price of $1.47 per share, with a total value of $5,027.40.
• On Friday, August 14th, Paul Sutherland bought 7,500 shares of Gaia stock. The stock was bought at an average cost of $1.42 per share, for a total transaction of $10,650.00.

Gaia Price Performance

Shares of NASDAQ:GAIA opened at $1.32 on Friday. The business’s fifty day moving average price is $1.66 and its two-hundred day moving average price is $2.29. The stock has a market cap of $33.57 million, a PE ratio of -5.50 and a beta of 0.96. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.41 and a current ratio of 0.41. Gaia, Inc. has a one year low of $1.16 and a one year high of $6.39.

Gaia (NASDAQ:GAIA) last released its quarterly 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 company had revenue of $23.33 million during the quarter, compared to analysts’ expectations of $24.60 million. Gaia had a negative return on equity of 5.82% and a negative net margin of 6.08%. On average, analysts forecast that Gaia, Inc. will post -0.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Gaia

A number of institutional investors have recently bought and sold shares of GAIA. Manatuck Hill Partners LLC acquired a new position in Gaia during the fourth quarter worth approximately $290,000. Marquette Asset Management LLC acquired a new position in shares of Gaia in the 2nd quarter valued at $189,000. Finally, Squarepoint Ops LLC grew 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 valued at $92,000 after buying an additional 31,187 shares during the period. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

About Gaia

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.