Gaia, Inc. (NASDAQ:GAIA) Position Lifted by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in shares of Gaia, Inc. (NASDAQ:GAIA) by 13.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,050 shares of the company’s stock after acquiring an additional 21,870 shares during the quarter. Geode Capital Management LLC’s holdings in Gaia were worth $872,000 at the end of the most recent quarter.

Separately, Dimensional Fund Advisors LP boosted its stake in Gaia by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock valued at $1,493,000 after acquiring an additional 13,865 shares during the last quarter. 40.53% of the stock is owned by institutional investors.

Gaia Trading Up 0.7 %

Gaia stock opened at $4.31 on Friday. The firm’s 50-day moving average is $5.40 and its 200-day moving average is $5.01. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. Gaia, Inc. has a 1 year low of $2.75 and a 1 year high of $6.53. The company has a market cap of $101.14 million, a P/E ratio of -15.96 and a beta of 0.69.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings results on Monday, November 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. The company had revenue of $22.16 million for the quarter. On average, equities analysts expect that Gaia, Inc. will post -0.24 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have commented on GAIA. Lake Street Capital increased their price objective on shares of Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Gaia from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th.

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.