P.A.W. Capital Corp Sells 15,000 Shares of Gaia, Inc. $GAIA

P.A.W. Capital Corp lowered its holdings in shares of Gaia, Inc. (NASDAQ:GAIA) by 7.9% during the second quarter, Holdings Channel reports. The institutional investor owned 175,000 shares of the company’s stock after selling 15,000 shares during the quarter. Gaia comprises about 1.5% of P.A.W. Capital Corp’s investment portfolio, making the stock its 17th biggest position. P.A.W. Capital Corp’s holdings in Gaia were worth $768,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. AWM Investment Company Inc. lifted its holdings in shares of Gaia by 17.2% during the 1st quarter. AWM Investment Company Inc. now owns 1,962,706 shares of the company’s stock worth $7,556,000 after acquiring an additional 288,000 shares during the period. Geode Capital Management LLC lifted its stake in Gaia by 113.3% during the second quarter. Geode Capital Management LLC now owns 405,602 shares of the company’s stock worth $1,781,000 after purchasing an additional 215,415 shares during the period. S Squared Technology LLC boosted its holdings in Gaia by 15.1% during the first quarter. S Squared Technology LLC now owns 723,305 shares of the company’s stock valued at $2,785,000 after purchasing an additional 95,000 shares in the last quarter. Jane Street Group LLC acquired a new stake in Gaia during the first quarter valued at approximately $73,000. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of Gaia during the first quarter valued at $54,000. Institutional investors and hedge funds own 40.53% of the company’s stock.

Gaia Trading Up 2.8%

NASDAQ:GAIA opened at $4.03 on Wednesday. The business’s 50-day moving average price is $5.50 and its two-hundred day moving average price is $5.01. Gaia, Inc. has a 1-year low of $2.93 and a 1-year high of $6.53. The firm has a market capitalization of $101.19 million, a price-to-earnings ratio of -21.21 and a beta of 0.84.

Gaia (NASDAQ:GAIA) last issued its earnings results on Monday, November 3rd. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). The firm had revenue of $24.98 million during the quarter, compared to the consensus estimate of $25.23 million. Gaia had a negative net margin of 5.06% and a negative return on equity of 5.00%. Sell-side analysts predict that Gaia, Inc. will post -0.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Gaia in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $9.00.

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.