Kiersten Medvedich Buys 2,750 Shares of Gaia (NASDAQ:GAIA) Stock

Key Points

• Kiersten Medvedich, CEO of Gaia, purchased **2,750 shares** of the company's stock at an average price of **$5.60**, totaling **$15,400** and increasing her ownership by **6.14%**.
• On the trading day following the acquisition, **Gaia's stock price rose by 3.8%** to **$5.81**, with a market capitalization of **$145.76 million**.
• Gaia recently reported earnings with an EPS of **($0.07)**, beating estimates and generating a revenue of **$24.63 million** for the quarter.

Gaia, Inc. (NASDAQ:GAIA - Get Free Report) CEO Kiersten Medvedich acquired 2,750 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was acquired at an average price of $5.60 per share, for a total transaction of $15,400.00. Following the acquisition, the chief executive officer owned 47,556 shares of the company's stock, valued at approximately $266,313.60. This trade represents a 6.14% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Gaia Trading Up 0.6%

GAIA traded up $0.04 during midday trading on Monday, reaching $6.09. The company's stock had a trading volume of 10,617 shares, compared to its average volume of 56,568. The firm has a market capitalization of $152.81 million, a price-to-earnings ratio of -32.28 and a beta of 0.88. Gaia, Inc. has a 1 year low of $2.93 and a 1 year high of $6.53. The stock's 50-day moving average is $4.78 and its 200-day moving average is $4.54.

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

Institutional Investors Weigh In On Gaia

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. AWM Investment Company Inc. grew its holdings in Gaia by 17.2% in the first quarter. AWM Investment Company Inc. now owns 1,962,706 shares of the company's stock worth $7,556,000 after purchasing an additional 288,000 shares during the period. Ameriprise Financial Inc. grew its holdings 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 valued at $5,006,000 after buying an additional 3,124 shares during the last quarter. S Squared Technology LLC grew its holdings in shares of Gaia by 15.1% during the first quarter. S Squared Technology LLC now owns 723,305 shares of the company's stock valued at $2,785,000 after buying an additional 95,000 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Gaia by 7.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock valued at $1,827,000 after buying an additional 27,289 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Gaia by 113.3% during the second quarter. Geode Capital Management LLC now owns 405,602 shares of the company's stock valued at $1,781,000 after buying an additional 215,415 shares during the last quarter. Hedge funds and other institutional investors own 40.53% of the company's stock.

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.