AWM Investment Company Inc. Grows Stock Position in Gaia, Inc. $GAIA

Key Points

• AWM Investment Company Inc. increased its stake in Gaia, Inc. by 17.2% during Q1, owning approximately 7.83% of the company, valued at about $7,556,000.
• Several institutional investors, including OMERS ADMINISTRATION Corp and Connor Clark & Lunn Investment Management Ltd., have also made significant investments in Gaia during the same quarter.
• Gaia reported earnings per share of ($0.07) for the latest quarter, slightly beating analyst estimates, with a revenue of $24.63 million, compared to the expected $24.33 million.

AWM Investment Company Inc. increased its position in shares of Gaia, Inc. (NASDAQ:GAIA - Free Report) by 17.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,962,706 shares of the company's stock after buying an additional 288,000 shares during the period. AWM Investment Company Inc. owned about 7.83% of Gaia worth $7,556,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its stake in shares of Gaia by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company's stock worth $5,006,000 after buying an additional 3,124 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in Gaia in the first quarter valued at approximately $54,000. Dimensional Fund Advisors LP boosted its holdings in Gaia by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock valued at $1,827,000 after purchasing an additional 27,289 shares in the last quarter. P.A.W. Capital Corp boosted its holdings in Gaia by 8.6% in the first quarter. P.A.W. Capital Corp now owns 190,000 shares of the company's stock valued at $732,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Huntleigh Advisors Inc. boosted its holdings in Gaia by 16.9% in the first quarter. Huntleigh Advisors Inc. now owns 65,758 shares of the company's stock valued at $253,000 after purchasing an additional 9,483 shares in the last quarter. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

Gaia Stock Down 1.8%

GAIA traded down $0.10 on Friday, reaching $5.56. The company's stock had a trading volume of 15,851 shares, compared to its average volume of 35,615. The stock has a 50 day moving average of $4.64 and a two-hundred day moving average of $4.50. The company has a market capitalization of $139.61 million, a price-to-earnings ratio of -29.26 and a beta of 0.88. Gaia, Inc. has a fifty-two week low of $2.93 and a fifty-two week high of $6.53.

Gaia (NASDAQ:GAIA - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.01. The firm had revenue of $24.63 million during the quarter, compared to the consensus estimate of $24.33 million. Gaia had a negative return on equity of 5.00% and a negative net margin of 5.06%. As a group, analysts anticipate that Gaia, Inc. will post -0.23 earnings per share for the current fiscal year.

Gaia Profile

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.