Gaiam VP John R. Jackson Sells 12,000 Shares (GAIA)
Gaiam (NASDAQ:GAIA) VP John R. Jackson sold 12,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $7.16, for a total value of $85,920.00. Following the transaction, the vice president now directly owns 721 shares in the company, valued at approximately $5,162. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Gaiam (NASDAQ:GAIA) traded up 0.42% during mid-day trading on Thursday, hitting $7.15. 16,189 shares of the company’s stock traded hands. Gaiam has a 52 week low of $3.95 and a 52 week high of $7.55. The stock’s 50-day moving average is $6.96 and its 200-day moving average is $6.62. The company’s market cap is $172.0 million.
Gaiam (NASDAQ:GAIA) last announced its earnings results on Thursday, May 8th. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.05. On average, analysts predict that Gaiam will post $-0.07 earnings per share for the current fiscal year.
GAIA has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Gaiam from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $7.80 price target on the stock. Separately, analysts at Lake Street Capital initiated coverage on shares of Gaiam in a research note on Monday, April 28th. They set a “buy” rating and a $10.00 price target on the stock. Finally, analysts at Sidoti initiated coverage on shares of Gaiam in a research note on Tuesday, April 8th. They set a “neutral” rating on the stock.
Gaiam, Inc (NASDAQ:GAIA) is a lifestyle media company providing a range of information, media, products and services to customers who value personal development, wellness, ecological lifestyles, and responsible media.
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