Gran Tierra Energy Inc. (TSE:GTE) insider Susan Lynn Mawdsley acquired 36,000 shares of Gran Tierra Energy stock in a transaction dated Wednesday, November 9th. The shares were purchased at an average price of C$2.98 per share, for a total transaction of C$107,280.00. Following the completion of the transaction, the insider now directly owns 15,500 shares in the company, valued at approximately C$46,190.

Gran Tierra Energy Inc. (TSE:GTE) opened at 3.94 on Monday. Gran Tierra Energy Inc. has a 52 week low of $2.56 and a 52 week high of $4.44. The firm’s 50-day moving average price is $3.96 and its 200-day moving average price is $3.85. The stock’s market cap is $1.17 billion.

Several equities analysts recently issued reports on the company. FirstEnergy Capital restated an “outperform” rating on shares of Gran Tierra Energy in a research report on Friday, August 12th. Scotiabank restated an “outperform” rating and set a C$5.25 price target on shares of Gran Tierra Energy in a research report on Wednesday, August 24th. Canaccord Genuity restated a “buy” rating on shares of Gran Tierra Energy in a research report on Wednesday, July 20th. TD Securities restated an “action list buy” rating and set a C$6.00 price target on shares of Gran Tierra Energy in a research report on Tuesday, November 8th. Finally, Paradigm Capital raised their price target on Gran Tierra Energy from C$4.75 to C$5.00 and gave the stock a “buy” rating in a research report on Tuesday, August 9th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of C$6.62.

Large investors have recently modified their holdings of the company. Roanoke Asset Management Corp NY bought a new stake in shares of Gran Tierra Energy during the second quarter valued at $101,000. Capstone Investment Advisors LLC boosted its position in Gran Tierra Energy by 8.5% in the second quarter. Capstone Investment Advisors LLC now owns 36,251 shares of the company’s stock worth $122,000 after buying an additional 2,851 shares in the last quarter. Teacher Retirement System of Texas boosted its position in Gran Tierra Energy by 20.3% in the second quarter. Teacher Retirement System of Texas now owns 41,554 shares of the company’s stock worth $140,000 after buying an additional 7,023 shares in the last quarter. Hsbc Holdings PLC boosted its position in Gran Tierra Energy by 10.6% in the second quarter. Hsbc Holdings PLC now owns 41,489 shares of the company’s stock worth $140,000 after buying an additional 3,971 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new position in Gran Tierra Energy during the second quarter worth approximately $155,000.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization.

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