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

Gaia logo with Consumer Discretionary background

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.
  • Five stocks we like better than Gaia.

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

Gaia Trading Up 3.8%

NASDAQ GAIA traded up $0.22 during trading hours on Wednesday, hitting $5.81. 6,480 shares of the company's stock traded hands, compared to its average volume of 56,576. The business's fifty day moving average price is $4.68 and its two-hundred day moving average price is $4.52. The firm has a market capitalization of $145.76 million, a P/E ratio of -30.55 and a beta of 0.88. Gaia, Inc. has a 52 week low of $2.93 and a 52 week high of $6.53.

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

Institutional Trading of Gaia

Large investors have recently added to or reduced their stakes in the business. AWM Investment Company Inc. lifted its holdings in Gaia by 17.2% during the first quarter. AWM Investment Company Inc. now owns 1,962,706 shares of the company's stock valued at $7,556,000 after purchasing an additional 288,000 shares in the last quarter. Geode Capital Management LLC lifted its holdings in 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 purchasing an additional 215,415 shares in the last quarter. S Squared Technology LLC lifted its holdings in shares of Gaia by 15.1% in the first quarter. S Squared Technology LLC now owns 723,305 shares of the company's stock worth $2,785,000 after buying an additional 95,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Gaia by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock worth $1,827,000 after buying an additional 27,289 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new position in shares of Gaia in the second quarter worth $90,000. 40.53% of the stock is currently owned by institutional investors.

Gaia Company Profile

(Get Free Report)

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.

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