Gran Tierra Energy Inc. (TSE:GTE) (AMEX:GTE) insider Susan Lynn Mawdsley purchased 20,000 shares of Gran Tierra Energy stock in a transaction dated Tuesday, November 29th. The shares were purchased at an average cost of C$3.00 per share, with a total value of C$60,000.00. Following the acquisition, the insider now owns 56,000 shares of the company’s stock, valued at approximately C$168,000.

Susan Lynn Mawdsley also recently made the following trade(s):

  • On Wednesday, November 9th, Susan Lynn Mawdsley purchased 36,000 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of C$2.98 per share, with a total value of C$107,280.00.

Gran Tierra Energy Inc. (TSE:GTE) opened at 3.84 on Thursday. Gran Tierra Energy Inc. has a one year low of $2.56 and a one year high of $4.44. The firm’s market cap is $1.37 billion. The stock has a 50 day moving average price of $4.01 and a 200-day moving average price of $3.88.

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Several hedge funds have recently made changes to their positions in GTE. Capstone Investment Advisors LLC raised its stake in shares of 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 during the period. Hsbc Holdings PLC raised its stake in shares of 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 during the period. BlackRock Group LTD raised its stake in shares of Gran Tierra Energy by 4.4% in the third quarter. BlackRock Group LTD now owns 119,603 shares of the company’s stock worth $359,000 after buying an additional 5,085 shares during the period. GSA Capital Partners LLP raised 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 worth $927,000 after buying an additional 5,557 shares during the period. Finally, CIBC World Markets Inc. raised its stake in shares of Gran Tierra Energy by 10.6% in the second quarter. CIBC World Markets Inc. now owns 63,385 shares of the company’s stock worth $214,000 after buying an additional 6,064 shares during the period.

GTE has been the subject of several research analyst reports. TD Securities reaffirmed an “action list buy” rating and issued a C$6.00 price objective on shares of Gran Tierra Energy in a report on Wednesday, November 16th. FirstEnergy Capital reaffirmed an “outperform” rating on shares of Gran Tierra Energy in a report on Friday, August 12th. Scotiabank reaffirmed an “outperform” rating and issued a C$5.25 price objective on shares of Gran Tierra Energy in a report on Wednesday, August 24th. Paradigm Capital upped their price objective on shares of Gran Tierra Energy from C$4.75 to C$5.00 and gave the stock a “buy” rating in a report on Tuesday, August 9th. Finally, Citigroup Inc. raised shares of Gran Tierra Energy from a “neutral” rating to a “buy” rating in a report on Friday, November 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average 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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