P.A.W. Capital Corp Cuts Position in Gaia, Inc. (NASDAQ:GAIA)

P.A.W. Capital Corp lessened its holdings in Gaia, Inc. (NASDAQ:GAIA) by 12.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 175,000 shares of the company’s stock after selling 25,000 shares during the period. Gaia makes up approximately 1.5% of P.A.W. Capital Corp’s portfolio, making the stock its 14th biggest holding. P.A.W. Capital Corp owned 0.75% of Gaia worth $786,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Gaia in the 3rd quarter worth approximately $49,000. Geode Capital Management LLC boosted its stake in shares of Gaia by 13.9% in the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after buying an additional 21,870 shares during the last quarter. Finally, Peapod Lane Capital LLC purchased a new position in shares of Gaia in the 4th quarter worth approximately $2,804,000. Hedge funds and other institutional investors own 40.53% of the company’s stock.

Gaia Trading Down 3.1 %

NASDAQ:GAIA opened at $4.70 on Friday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $110.29 million, a PE ratio of -17.41 and a beta of 0.71. The firm’s 50 day moving average is $4.94 and its 200 day moving average is $5.12. Gaia, Inc. has a 12 month low of $2.78 and a 12 month high of $6.53.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on GAIA shares. StockNews.com started coverage on Gaia in a research note on Sunday, February 16th. They issued a “buy” rating on the stock. Roth Mkm started coverage on shares of Gaia in a report on Tuesday, February 11th. They issued a “buy” rating and a $10.00 price target on the stock. Lake Street Capital lifted their price target on shares of Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Roth Capital raised shares of Gaia to a “strong-buy” rating in a report on Tuesday, February 11th.

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.