Dougherty & Co initiated coverage on shares of Gaia (NASDAQ:GAIA) in a report published on Wednesday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $22.00 price objective on the stock.
A number of other research firms also recently weighed in on GAIA. BidaskClub raised shares of Gaia from a buy rating to a strong-buy rating in a research note on Saturday, March 17th. B. Riley assumed coverage on shares of Gaia in a research note on Monday, March 26th. They set a buy rating and a $23.00 price target for the company. Lake Street Capital reissued a buy rating and set a $20.00 price target (up from $17.00) on shares of Gaia in a research note on Tuesday, February 27th. Finally, TheStreet raised shares of Gaia from a d+ rating to a c- rating in a research note on Monday, February 26th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Gaia currently has an average rating of Buy and a consensus price target of $21.67.
NASDAQ:GAIA opened at $15.50 on Wednesday. The company has a market cap of $235.43, a P/E ratio of -9.87 and a beta of 0.95. Gaia has a fifty-two week low of $9.75 and a fifty-two week high of $17.70.
Several institutional investors and hedge funds have recently bought and sold shares of GAIA. Dimensional Fund Advisors LP raised its stake in shares of Gaia by 36.4% during the second quarter. Dimensional Fund Advisors LP now owns 173,676 shares of the company’s stock worth $1,945,000 after buying an additional 46,379 shares during the last quarter. Geode Capital Management LLC grew its holdings in Gaia by 35.1% during the fourth quarter. Geode Capital Management LLC now owns 138,771 shares of the company’s stock valued at $1,720,000 after purchasing an additional 36,047 shares during the period. Millennium Management LLC grew its holdings in Gaia by 82.8% during the fourth quarter. Millennium Management LLC now owns 55,656 shares of the company’s stock valued at $690,000 after purchasing an additional 25,202 shares during the period. Deutsche Bank AG grew its holdings in Gaia by 14.1% during the fourth quarter. Deutsche Bank AG now owns 91,628 shares of the company’s stock valued at $1,134,000 after purchasing an additional 11,343 shares during the period. Finally, Suntrust Banks Inc. acquired a new position in Gaia during the fourth quarter valued at approximately $136,000. 32.02% of the stock is owned by institutional investors and hedge funds.
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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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