Insider Buying: Gran Tierra Energy (NYSE:GTE) Director Acquires 126,126 Shares of Stock

Gran Tierra Energy Inc. (NYSE:GTEGet Free Report) Director Equinox Partners Investment Ma bought 126,126 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were bought at an average cost of $4.21 per share, for a total transaction of $530,990.46. Following the completion of the transaction, the director directly owned 2,527,365 shares of the company’s stock, valued at $10,640,206.65. This trade represents a 5.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Equinox Partners Investment Ma also recently made the following trade(s):

  • On Friday, November 14th, Equinox Partners Investment Ma purchased 77,412 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of $4.32 per share, for a total transaction of $334,419.84.
  • On Thursday, November 13th, Equinox Partners Investment Ma purchased 22,900 shares of Gran Tierra Energy stock. The shares were bought at an average price of $4.39 per share, for a total transaction of $100,531.00.
  • On Wednesday, November 12th, Equinox Partners Investment Ma acquired 115,131 shares of Gran Tierra Energy stock. The stock was acquired at an average price of $4.32 per share, with a total value of $497,365.92.
  • On Tuesday, November 11th, Equinox Partners Investment Ma bought 15,777 shares of Gran Tierra Energy stock. The stock was purchased at an average price of $4.33 per share, for a total transaction of $68,314.41.
  • On Friday, November 7th, Equinox Partners Investment Ma bought 50,682 shares of Gran Tierra Energy stock. The stock was bought at an average price of $4.11 per share, with a total value of $208,303.02.
  • On Thursday, November 6th, Equinox Partners Investment Ma acquired 200,000 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of $4.07 per share, for a total transaction of $814,000.00.
  • On Wednesday, November 5th, Equinox Partners Investment Ma purchased 172,000 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.02 per share, for a total transaction of $691,440.00.
  • On Tuesday, November 4th, Equinox Partners Investment Ma purchased 276,000 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of $3.79 per share, with a total value of $1,046,040.00.

Gran Tierra Energy Price Performance

Shares of GTE stock traded down $0.23 during trading hours on Monday, reaching $4.14. 745,265 shares of the company were exchanged, compared to its average volume of 334,185. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. The stock’s fifty day moving average is $4.14 and its two-hundred day moving average is $4.43. Gran Tierra Energy Inc. has a fifty-two week low of $3.09 and a fifty-two week high of $8.19. The company has a market cap of $146.13 million, a price-to-earnings ratio of 2.90 and a beta of 0.71.

Institutional Investors Weigh In On Gran Tierra Energy

Several large investors have recently modified their holdings of the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Gran Tierra Energy during the 1st quarter worth approximately $2,275,000. Cetera Investment Advisers boosted its holdings in shares of Gran Tierra Energy by 4.6% during the 1st quarter. Cetera Investment Advisers now owns 58,450 shares of the company’s stock worth $288,000 after buying an additional 2,551 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Gran Tierra Energy by 897.5% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 346,499 shares of the company’s stock valued at $1,693,000 after purchasing an additional 311,761 shares during the last quarter. American Century Companies Inc. increased its position in Gran Tierra Energy by 11.3% during the 1st quarter. American Century Companies Inc. now owns 1,303,105 shares of the company’s stock worth $6,424,000 after buying an additional 131,818 shares during the period. Finally, Wealthedge Investment Advisors LLC raised its stake in Gran Tierra Energy by 27.5% in the 1st quarter. Wealthedge Investment Advisors LLC now owns 86,646 shares of the company’s stock worth $427,000 after purchasing an additional 18,688 shares in the last quarter. 31.70% of the stock is currently owned by institutional investors.

Gran Tierra Energy Company Profile

(Get Free Report)

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.

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

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