Gran Tierra Energy Inc (TSE:GTE) (AMEX:GTE) insider Gmt Capital Corp purchased 26,300 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was bought at an average cost of C$2.07 per share, with a total value of C$54,441.00.

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

  • On Tuesday, September 12th, Gmt Capital Corp purchased 14,200 shares of Gran Tierra Energy stock. The stock was bought at an average cost of C$2.06 per share, with a total value of C$29,252.00.
  • On Tuesday, September 5th, Gmt Capital Corp purchased 17,200 shares of Gran Tierra Energy stock. The stock was bought at an average cost of C$2.06 per share, with a total value of C$35,432.00.
  • On Friday, September 1st, Gmt Capital Corp purchased 15,100 shares of Gran Tierra Energy stock. The stock was bought at an average cost of C$2.04 per share, with a total value of C$30,804.00.
  • On Monday, August 14th, Gmt Capital Corp purchased 22,700 shares of Gran Tierra Energy stock. The stock was bought at an average cost of C$2.19 per share, with a total value of C$49,713.00.

Gran Tierra Energy Inc (TSE GTE) opened at 2.71 on Thursday. The firm’s market cap is $1.07 billion. Gran Tierra Energy Inc has a 52 week low of $2.41 and a 52 week high of $4.40. The firm’s 50-day moving average price is $2.69 and its 200 day moving average price is $3.10.

Gran Tierra Energy (TSE:GTE) (AMEX:GTE) last announced its quarterly earnings data on Thursday, August 3rd. The company reported C($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.04 by C($0.06). The firm had revenue of C$96.13 million for the quarter, compared to analysts’ expectations of C$99.95 million. Gran Tierra Energy had a negative net margin of 7.08% and a negative return on equity of 2.76%. Equities analysts forecast that Gran Tierra Energy Inc will post $0.07 earnings per share for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in GTE. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Gran Tierra Energy by 1,055.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 126,223 shares of the company’s stock valued at $333,000 after buying an additional 115,300 shares during the period. UBS Asset Management Americas Inc. increased its stake in shares of Gran Tierra Energy by 298.6% during the first quarter. UBS Asset Management Americas Inc. now owns 675,733 shares of the company’s stock valued at $1,784,000 after buying an additional 506,192 shares during the period. Karp Capital Management Corp purchased a new position in shares of Gran Tierra Energy during the first quarter valued at approximately $182,000. Parkwood LLC increased its stake in shares of Gran Tierra Energy by 115.7% during the first quarter. Parkwood LLC now owns 81,238 shares of the company’s stock valued at $214,000 after buying an additional 43,567 shares during the period. Finally, Virginia Retirement Systems ET AL increased its stake in shares of Gran Tierra Energy by 14.0% during the first quarter. Virginia Retirement Systems ET AL now owns 215,131 shares of the company’s stock valued at $568,000 after buying an additional 26,431 shares during the period.

Separately, Zacks Investment Research downgraded Gran Tierra Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. One analyst has rated the stock with a sell rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of C$4.90.

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.

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

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