Sapient Capital LLC Makes New Investment in Gaia, Inc. (NASDAQ:GAIA)

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

A number of other institutional investors also recently modified their holdings of the company. Marquette Asset Management LLC lifted its holdings in Gaia by 7.0% in the 4th 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 stake in Gaia by 10.0% in the fourth 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 period. Finally, AWM Investment Company Inc. boosted its holdings in Gaia by 48.4% in the third quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock valued at $2,986,000 after acquiring an additional 358,145 shares in the last quarter. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Gaia Stock Performance

Shares of Gaia stock opened at $3.99 on Thursday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $3.39 and a two-hundred day simple moving average of $2.99. The firm has a market capitalization of $92.67 million, a P/E ratio of -16.63 and a beta of 0.68. Gaia, Inc. has a 12 month low of $2.11 and a 12 month high of $4.31.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings data 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 during the quarter.

Gaia Company Profile

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.