Gran Tierra Energy Inc (TSE:GTE) (AMEX:GTE) insider Gmt Capital Corp acquired 15,100 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The stock was purchased at an average cost of C$2.04 per share, for a total transaction of C$30,804.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Tuesday, September 5th, Gmt Capital Corp acquired 17,200 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of C$2.06 per share, for a total transaction of C$35,432.00.
  • On Monday, August 14th, Gmt Capital Corp acquired 22,700 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of C$2.19 per share, for a total transaction of C$49,713.00.

Shares of Gran Tierra Energy Inc (TSE GTE) opened at 2.59 on Thursday. The firm has a 50-day moving average of $2.74 and a 200-day moving average of $3.13. Gran Tierra Energy Inc has a 12 month low of $2.41 and a 12 month high of $4.40. The firm’s market cap is $1.02 billion.

Gran Tierra Energy (TSE:GTE) (AMEX:GTE) last issued its quarterly earnings results on Thursday, August 3rd. The company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.06. The company had revenue of $96.13 million during the quarter, compared to the consensus estimate of $99.95 million. Gran Tierra Energy had a negative return on equity of 2.76% and a negative net margin of 7.08%. On average, analysts anticipate that Gran Tierra Energy Inc will post $0.07 EPS for the current year.

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Separately, Zacks Investment Research raised shares of Gran Tierra Energy from a “hold” rating to a “buy” rating and set a C$2.50 price objective on the stock in a research note on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of C$4.90.

Several large investors have recently modified their holdings of the company. GMT Capital Corp increased its holdings in shares of Gran Tierra Energy by 12.7% in the 2nd quarter. GMT Capital Corp now owns 48,839,100 shares of the company’s stock worth $104,570,000 after buying an additional 5,491,900 shares during the last quarter. Ingalls & Snyder LLC increased its holdings in shares of Gran Tierra Energy by 0.4% in the 1st quarter. Ingalls & Snyder LLC now owns 10,765,803 shares of the company’s stock worth $28,422,000 after buying an additional 38,800 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Gran Tierra Energy by 10.6% in the 1st quarter. Vanguard Group Inc. now owns 9,383,209 shares of the company’s stock worth $24,772,000 after buying an additional 898,590 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Gran Tierra Energy by 2.2% in the 2nd quarter. Alliancebernstein L.P. now owns 6,881,657 shares of the company’s stock worth $15,415,000 after buying an additional 150,199 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of Gran Tierra Energy by 4.6% in the 1st quarter. Schroder Investment Management Group now owns 6,654,979 shares of the company’s stock worth $23,026,000 after buying an additional 292,024 shares during the last quarter.

About Gran Tierra Energy

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.

Insider Buying and Selling by Quarter for Gran Tierra Energy (TSE:GTE)

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