Gaia (GAIA) Downgraded by TheStreet
Several other brokerages have also recently issued reports on GAIA. Zacks Investment Research cut shares of Gaia from a buy rating to a hold rating in a research note on Tuesday, July 24th. BidaskClub raised shares of Gaia from a hold rating to a buy rating in a research note on Friday, July 20th. Finally, Lake Street Capital lifted their price objective on shares of Gaia to $28.00 and gave the stock a buy rating in a research note on Tuesday, August 7th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of $23.80.
GAIA stock opened at $12.37 on Thursday. Gaia has a 52 week low of $11.32 and a 52 week high of $22.75. The stock has a market cap of $233.86 million, a price-to-earnings ratio of -7.88 and a beta of 0.68.
Several institutional investors and hedge funds have recently made changes to their positions in the company. FMR LLC grew its stake in shares of Gaia by 0.7% in the 3rd quarter. FMR LLC now owns 1,205,378 shares of the company’s stock worth $18,563,000 after purchasing an additional 8,125 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Gaia by 16.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 70,046 shares of the company’s stock worth $1,079,000 after purchasing an additional 10,148 shares during the last quarter. Unterberg Capital LLC grew its stake in shares of Gaia by 20.0% in the 3rd quarter. Unterberg Capital LLC now owns 300,000 shares of the company’s stock worth $4,620,000 after purchasing an additional 50,000 shares during the last quarter. P.A.W. Capital Corp grew its stake in shares of Gaia by 10.0% in the 3rd quarter. P.A.W. Capital Corp now owns 220,000 shares of the company’s stock worth $3,388,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Gaia by 27.8% in the 2nd quarter. Northern Trust Corp now owns 121,911 shares of the company’s stock worth $2,469,000 after purchasing an additional 26,534 shares during the last quarter. 43.22% of the stock is currently owned by institutional investors.
Gaia Company Profile
Gaia, Inc operates a digital video subscription service and online community that caters underserved subscribers worldwide. The company has a digital content library of approximately 8,000 titles available to its subscribers on Internet-connected devices. Its subscribers have access to a library of films, documentaries, interviews, yoga classes, transformation related content, and others for digital streaming.
Further Reading: Book Value Per Share – BVPS
Receive News & Ratings for Gaia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaia and related companies with MarketBeat.com's FREE daily email newsletter.