Gaiam, Inc (GAIA) Files Form 4 Insider Selling : Lynn Powers Sells 109,200 Shares

Gaiam, Inc (GAIA): Lynn Powers , CEO of Gaiam, Inc sold 109,200 shares on Jun 16, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $7.60 per share for a total value of $830,178.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, John R Jackson (Secretary & VP Corp Dev) sold 1,100 shares at $7.81 per share price.On Mar 27, 2015, Stephen J. Thomas (Chief Financial Officer) sold 5,000 shares at $7.57 per share price.

Gaiam: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Gaiam which led to swings in the share price. The shares opened for trading at $7.69 and hit $7.75 on the upside , eventually ending the session at $7.71, with a gain of 1.11% or 0.085 points. The heightened volatility saw the trading volume jump to 1,69,132 shares. The 52-week high of the share price is $8 and the company has a market cap of $189 M . The 52-week low of the share price is at $4.35.

Gaiam Money Flow Index Chart

Gaiam Inc. develops and markets yoga and fitness accessories apparel and media under Gaiam’s brands. The Company operates in two segments: Gaiam Brand and Gaiam TV. The Company’s Gaiam brands include Gaiam focused on yoga and fitness; Gaiam Restore focused on wellness; SPRI focused on fitness and its eco-travel business. Its products are sold primarily through major national retailers in the United States Canada Europe and other countries with placement in over 38000 retail doors worldwide. The Company also sells its products through its website and catalogs. Gaiam TV is a global digital video subscription service with approximately 7000 titles which caters to an underserved subscriber base. Gaiam TV’s digital content is available to subscribers on virtually any Internet connected device.

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