Sapient Capital LLC Makes New $88,000 Investment in Gaia, Inc. (NASDAQ:GAIA)

Sapient Capital LLC acquired a new position in shares of Gaia, Inc. (NASDAQ:GAIA) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 32,650 shares of the company’s stock, valued at approximately $88,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GAIA. Bank of New York Mellon Corp raised its holdings in Gaia by 5.0% during the first quarter. Bank of New York Mellon Corp now owns 51,808 shares of the company’s stock worth $254,000 after purchasing an additional 2,483 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Gaia by 15.1% in the 1st quarter. Acadian Asset Management LLC now owns 41,984 shares of the company’s stock valued at $205,000 after acquiring an additional 5,505 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Gaia by 12.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 95,245 shares of the company’s stock valued at $469,000 after acquiring an additional 10,263 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Gaia by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 131,800 shares of the company’s stock valued at $648,000 after acquiring an additional 3,000 shares during the period. Finally, Citadel Advisors LLC increased its holdings in shares of Gaia by 259.6% in the 3rd quarter. Citadel Advisors LLC now owns 23,779 shares of the company’s stock valued at $58,000 after acquiring an additional 38,679 shares during the period. Institutional investors and hedge funds own 40.53% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Gaia in a report on Friday, April 12th. They issued a “buy” rating on the stock.

Gaia Stock Performance

Shares of Gaia stock opened at $3.45 on Wednesday. The firm’s fifty day simple moving average is $3.10 and its 200-day simple moving average is $2.87. The stock has a market capitalization of $80.14 million, a price-to-earnings ratio of -14.38 and a beta of 0.79. Gaia, Inc. has a 12 month low of $2.11 and a 12 month high of $3.94. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.51 and a quick ratio of 0.51.

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.