Equities research analysts at B. Riley assumed coverage on shares of Gaia (NASDAQ:GAIA) in a note issued to investors on Monday. The brokerage set a “buy” rating and a $23.00 price target on the stock. B. Riley’s target price would suggest a potential upside of 47.91% from the company’s current price.
Several other equities research analysts have also recently commented on the stock. Lake Street Capital reaffirmed a “buy” rating and issued a $20.00 target price (up from $17.00) on shares of Gaia in a research report on Tuesday, February 27th. TheStreet cut shares of Gaia from a “c” rating to a “d+” rating in a research report on Friday, February 2nd. Finally, BidaskClub raised shares of Gaia from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 17th.
Shares of Gaia (NASDAQ:GAIA) opened at $15.55 on Monday. Gaia has a 12-month low of $9.30 and a 12-month high of $17.70. The company has a market cap of $236.19, a PE ratio of -10.10 and a beta of 0.95.
Several large investors have recently bought and sold shares of GAIA. Dimensional Fund Advisors LP lifted its position in shares of Gaia by 36.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 173,676 shares of the company’s stock worth $1,945,000 after purchasing an additional 46,379 shares during the period. Geode Capital Management LLC lifted its position in Gaia by 35.1% during the 4th quarter. Geode Capital Management LLC now owns 138,771 shares of the company’s stock valued at $1,720,000 after acquiring an additional 36,047 shares during the period. Millennium Management LLC lifted its position in Gaia by 82.8% during the 4th quarter. Millennium Management LLC now owns 55,656 shares of the company’s stock valued at $690,000 after acquiring an additional 25,202 shares during the period. Deutsche Bank AG lifted its position in Gaia by 14.1% during the 4th quarter. Deutsche Bank AG now owns 91,628 shares of the company’s stock valued at $1,134,000 after acquiring an additional 11,343 shares during the period. Finally, Suntrust Banks Inc. purchased a new position in Gaia during the 4th quarter valued at about $136,000. 32.02% of the stock is owned by hedge funds and other institutional investors.
Gaia Company Profile
Gaia, Inc, formerly Gaiam, Inc, is engaged in providing global digital video subscription service. The Company is a global digital video streaming service and online community delivering curated media to its subscribers in over 120 countries. It provides its members access to approximately 7,000 video titles.
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