Gran Tierra Energy Inc. (TSE:GTE) (AMEX:GTE) VP Rodger Derrick Trimble acquired 12,500 shares of the stock in a transaction that occurred on Tuesday, November 29th. The stock was purchased at an average cost of C$3.00 per share, with a total value of C$37,500.00. Following the completion of the acquisition, the vice president now owns 37,500 shares of the company’s stock, valued at C$112,500.

Gran Tierra Energy Inc. (TSE:GTE) traded down 5.68% during midday trading on Tuesday, reaching $3.49. The company’s stock had a trading volume of 2,124,164 shares. The stock’s market capitalization is $1.24 billion. The firm has a 50-day moving average price of $4.01 and a 200 day moving average price of $3.88. Gran Tierra Energy Inc. has a 52-week low of $2.56 and a 52-week high of $4.44.

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A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Gran Tierra Energy by 8.4% in the second quarter. Vanguard Group Inc. now owns 6,187,513 shares of the company’s stock valued at $20,913,000 after buying an additional 481,590 shares during the period. Teacher Retirement System of Texas increased its stake in shares of 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 valued at $140,000 after buying an additional 7,023 shares during the period. UBS Asset Management Americas Inc. increased its stake in shares of Gran Tierra Energy by 10.7% in the second quarter. UBS Asset Management Americas Inc. now owns 189,090 shares of the company’s stock valued at $639,000 after buying an additional 18,300 shares during the period. Schroder Investment Management Group increased its stake in shares of Gran Tierra Energy by 80.5% in the second quarter. Schroder Investment Management Group now owns 5,820,155 shares of the company’s stock valued at $25,260,000 after buying an additional 2,595,154 shares during the period. Finally, GSA Capital Partners LLP increased its stake in shares of Gran Tierra Energy by 2.1% in the second quarter. GSA Capital Partners LLP now owns 274,388 shares of the company’s stock valued at $927,000 after buying an additional 5,557 shares during the period.

Several analysts recently weighed in on the company. FirstEnergy Capital reissued an “outperform” rating on shares of Gran Tierra Energy in a report on Friday, August 12th. TD Securities reaffirmed a “buy” rating and set a C$5.50 target price on shares of Gran Tierra Energy in a report on Tuesday, August 9th. Scotiabank reaffirmed an “outperform” rating and set a C$5.25 target price on shares of Gran Tierra Energy in a report on Tuesday, August 9th. Paradigm Capital upped their target price on Gran Tierra Energy from C$4.75 to C$5.00 and gave the company a “buy” rating in a report on Tuesday, August 9th. Finally, Citigroup Inc. raised Gran Tierra Energy from a “neutral” rating to a “buy” rating in a report on Friday, November 4th. Two investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Gran Tierra Energy currently has an average rating of “Buy” and a consensus price target of C$6.62.

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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