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

Sapient Capital LLC purchased a new position in shares of Gaia, Inc. (NASDAQ:GAIA) in the fourth quarter, HoldingsChannel reports. The firm purchased 32,650 shares of the company’s stock, valued at approximately $88,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of GAIA. Marquette Asset Management LLC boosted its stake in Gaia by 7.0% during the fourth quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock worth $242,000 after buying an additional 5,883 shares during the period. Acuitas Investments LLC lifted its holdings in shares of Gaia by 10.0% in the 4th quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock worth $1,185,000 after acquiring an additional 39,938 shares during the last quarter. Finally, AWM Investment Company Inc. boosted its position in shares of Gaia by 48.4% during the 3rd quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock worth $2,986,000 after purchasing an additional 358,145 shares during the period. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Gaia in a research note on Monday. They set a “buy” rating on the stock.

Gaia Stock Performance

NASDAQ GAIA opened at $3.99 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.51 and a quick ratio of 0.51. The company has a market cap of $92.67 million, a P/E ratio of -16.63 and a beta of 0.68. The stock has a 50-day moving average of $3.39 and a two-hundred day moving average of $2.99. Gaia, Inc. has a 1-year low of $2.11 and a 1-year high of $4.31.

Gaia (NASDAQ:GAIA) last announced its earnings results on Wednesday, March 27th. The company reported ($0.08) earnings per share for the quarter. Gaia had a negative return on equity of 6.06% and a negative net margin of 6.57%. The business had revenue of $20.71 million for the quarter.

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.