Stock traders buy large volume of Gaia call options (NASDAQ: GAIA)
Gaia, Inc. (NASDAQ: GAIA – Get a rating) was the target of unusually large options trades on Thursday. Equity investors bought 2,644 call options on the company. This represents an increase of approximately 1,183% over the typical volume of 206 call options.
A number of analysts have recently released reports on the company. Colliers Securities reiterated a “buy” rating and set a target price of $15.00 on Gaia shares in a Tuesday, November 2 report. Zacks Investment Research upgraded Gaia from a “sell” rating to a “hold” rating in a Wednesday, January 5, report. Ultimately, StockNews.com began covering Gaia in a report on Thursday. They issued a “buy” rating for the company. One equity research analyst gave the stock a hold rating and five gave the company a buy rating. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $16.40.
Institutional investors and hedge funds have recently changed their positions in the company. Harber Asset Management LLC acquired a new position in Gaia stock in Q3 worth approximately $2,521,000. Charles Schwab Investment Management Inc. raised its position in Gaia shares by 187.4% in Q2. Charles Schwab Investment Management Inc. now owns 91,478 shares of the company valued at $1,006,000 after purchasing an additional 59,651 shares last quarter. Marshall Wace LLP increased its position in Gaia shares by 14.6% in the second quarter. Marshall Wace LLP now owns 118,024 shares of the company valued at $1,297,000 after purchasing an additional 15,020 shares last quarter. B. Riley Wealth Management Inc. acquired a new position in Gaia stock in Q3 worth approximately $102,000. Finally, Oldfield Partners LLP raised its position in Gaia shares by 6.1% in the second quarter. Oldfield Partners LLP now owns 167,525 shares of the company valued at $1,841,000 after purchasing an additional 9,600 shares last quarter. 51.52% of the shares are currently held by institutional investors.
The NASDAQ GAIA opened at $6.89 on Friday. The stock has a market capitalization of $133.10 million, a PE ratio of 68.91 and a beta of 0.66. Gaia has a fifty-two week low of $6.29 and a fifty-two week high of $15.06. The company has a 50-day moving average price of $7.77 and a two-hundred-day moving average price of $8.98. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt ratio of 0.08.
Gaia company profile (Get a rating)
Gaia, Inc operates a global digital video streaming subscription service and online community. He provides his services through the following channels: Truth Seeking, Transformation, Alternative Healing and Yoga. The company was founded by Jirka Rysavy on July 7, 1988 and is based in Louisville, CO.
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