The stock of Gaia Inc (NASDAQ:GAIA) hit a new 52-week high and has $18.05 target or 104.00% above today’s $8.85 share price. The 5 months bullish chart indicates low risk for the $139.83M company. The 1-year high was reported on Nov, 17 by Barchart.com. If the $18.05 price target is reached, the company will be worth $145.42 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 83,232 shares traded hands. Gaia Inc (NASDAQ:GAIA) has risen 33.49% since April 15, 2016 and is uptrending. It has outperformed by 28.87% the S&P500.
According to Zacks Investment Research, “Gaia, Inc. provides digital video subscription service. Its video content is available through online digital streaming on virtually any Internet-connected device on a commercial-free basis. The Company’s subscribers access to a library of films, personal growth-related content, documentaries, interviews, yoga classes and fitness. It created a fitness and yoga-focused version of its video service. Gaia, Inc., formerly known as Gaiam Inc., is based in Louisville, United States.”
Insitutional Activity: The institutional sentiment increased to 2.13 in 2016 Q2. Its up 0.59, from 1.54 in 2016Q1. The ratio improved, as 8 funds sold all Gaia Inc shares owned while 8 reduced positions. 16 funds bought stakes while 18 increased positions. They now own 9.11 million shares or 5.48% more from 8.64 million shares in 2016Q1.
Craig A last reported 28,650 shares in the company. Ariel Investments Ltd Liability has 1.52 million shares for 0.15% of their US portfolio. Awm, a New York-based fund reported 172,670 shares. Tfs Capital Ltd Liability Com last reported 0.04% of its portfolio in the stock. Tower Cap Ltd Co (Trc) accumulated 845 shares or 0% of the stock. Moreover, Nationwide Fund Advsrs has 0% invested in Gaia Inc (NASDAQ:GAIA) for 19,031 shares. Ny State Common Retirement Fund holds 0% of its portfolio in Gaia Inc (NASDAQ:GAIA) for 13,800 shares. Vanguard Grp has 810,626 shares for 0% of their US portfolio. Tiaa Cref Mngmt Lc holds 0% or 47,266 shares in its portfolio. Millennium Mgmt Ltd Com holds 53,806 shares or 0% of its portfolio. Fincl & Inv Mngmt Grp Ltd reported 1.64M shares or 3.87% of all its holdings. Oxford Asset Management accumulated 76,898 shares or 0.02% of the stock. California State Teachers Retirement has 0% invested in the company for 28,250 shares. Pnc Finance Services Group holds 0% or 8,000 shares in its portfolio. Teachers Advisors accumulated 0% or 22,133 shares.
Insider Transactions: Since June 8, 2016, the stock had 0 insider buys, and 4 sales for $1.01 million net activity. Prentice Capital Management – LP also sold $107,977 worth of Gaia Inc (NASDAQ:GAIA) on Wednesday, June 8. Frank Kristin E. had sold 7,931 shares worth $61,465 on Thursday, July 7. POWERS LYNN sold $830,179 worth of stock. JACKSON JOHN R had sold 1,100 shares worth $8,592.
More news for Gaia Inc (NASDAQ:GAIA) were recently published by: Seekingalpha.com, which released: “Asset Light Streaming Video Business Below Liquidation Value: Gaia, Inc.” on November 01, 2016. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 11, 2011 is yet another important article.
GAIA Company Profile
Gaia, Inc., formerly Gaiam, Inc., incorporated on July 7, 1988, is engaged in providing global digital video subscription service. The Firm is a global digital video streaming service and online community delivering curated media to its subscribers in over 120 countries. The Firm provides its members access to approximately 7,000 video titles.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.