Sapient Capital LLC Acquires Shares of 32,650 Gaia, Inc. (NASDAQ:GAIA)

Sapient Capital LLC acquired a new stake in Gaia, Inc. (NASDAQ:GAIA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 32,650 shares of the company’s stock, valued at approximately $88,000. Sapient Capital LLC owned 0.14% of Gaia at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in Gaia by 1,087.6% in the 1st quarter. NewEdge Advisors LLC now owns 11,876 shares of the company’s stock valued at $33,000 after buying an additional 10,876 shares during the period. Citadel Advisors LLC boosted its position in Gaia by 259.6% in the 3rd quarter. Citadel Advisors LLC now owns 23,779 shares of the company’s stock valued at $58,000 after buying an additional 38,679 shares during the period. Morgan Stanley raised its holdings in shares of Gaia by 2,160.5% in the 4th quarter. Morgan Stanley now owns 46,634 shares of the company’s stock valued at $111,000 after purchasing an additional 44,571 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Gaia by 15.1% in the 1st quarter. Acadian Asset Management LLC now owns 41,984 shares of the company’s stock valued at $205,000 after purchasing an additional 5,505 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Gaia by 13.2% in the 2nd quarter. Renaissance Technologies LLC now owns 98,400 shares of the company’s stock valued at $227,000 after purchasing an additional 11,500 shares in the last quarter. 40.53% of the stock is owned by hedge funds and other institutional investors.

Gaia Trading Down 5.5 %

NASDAQ:GAIA opened at $3.45 on Wednesday. Gaia, Inc. has a one year low of $2.11 and a one year high of $3.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.51. The firm has a market cap of $80.14 million, a P/E ratio of -14.38 and a beta of 0.79. The firm has a 50-day simple moving average of $3.10 and a 200-day simple moving average of $2.87.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Gaia in a report on Friday, April 12th. They issued a “buy” rating for the company.

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.