Gran Tierra Energy (NYSE:GTE) Director Equinox Partners Investment Ma Acquires 50,682 Shares of Stock

Gran Tierra Energy Inc. (NYSE:GTE) Director Equinox Partners Investment Ma purchased 50,682 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was bought at an average price of $4.11 per share, for a total transaction of $208,303.02. Following the acquisition, the director owned 2,396,343 shares in the company, valued at $9,848,969.73. The trade was a 2.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, November 12th, Equinox Partners Investment Ma acquired 115,131 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.32 per share, with a total value of $497,365.92.
• On Tuesday, November 11th, Equinox Partners Investment Ma acquired 15,777 shares of Gran Tierra Energy stock. The stock was bought at an average cost of $4.33 per share, for a total transaction of $68,314.41.
• On Thursday, November 6th, Equinox Partners Investment Ma bought 200,000 shares of Gran Tierra Energy stock. The shares were bought at an average price of $4.07 per share, for a total transaction of $814,000.00.
• On Wednesday, November 5th, Equinox Partners Investment Ma bought 172,000 shares of Gran Tierra Energy stock. The stock was purchased at an average price of $4.02 per share, with a total value of $691,440.00.
• On Tuesday, November 4th, Equinox Partners Investment Ma purchased 276,000 shares of Gran Tierra Energy stock. The stock was bought at an average price of $3.79 per share, with a total value of $1,046,040.00.

Gran Tierra Energy Price Performance

Shares of GTE stock opened at $4.45 on Thursday. The firm has a fifty day moving average of $4.12 and a two-hundred day moving average of $4.43. The firm has a market cap of $157.07 million, a P/E ratio of 3.11 and a beta of 0.71. Gran Tierra Energy Inc. has a 1-year low of $3.09 and a 1-year high of $8.19. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19.

Institutional Investors Weigh In On Gran Tierra Energy

Institutional investors have recently made changes to their positions in the company. Equinox Partners Investment Management LLC lifted its stake in Gran Tierra Energy by 37.2% during the second quarter. Equinox Partners Investment Management LLC now owns 5,097,688 shares of the company’s stock worth $24,316,000 after purchasing an additional 1,381,574 shares during the last quarter. Encompass Capital Advisors LLC lifted its position in shares of Gran Tierra Energy by 33.4% in the 1st quarter. Encompass Capital Advisors LLC now owns 2,500,589 shares of the company’s stock worth $12,328,000 after buying an additional 625,562 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Gran Tierra Energy in the 1st quarter valued at about $2,275,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Gran Tierra Energy by 897.5% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 346,499 shares of the company’s stock valued at $1,693,000 after buying an additional 311,761 shares during the last quarter. Finally, LM Asset IM Inc. grew its position in shares of Gran Tierra Energy by 13.4% during the 2nd quarter. LM Asset IM Inc. now owns 1,945,800 shares of the company’s stock valued at $9,281,000 after buying an additional 229,200 shares during the last quarter. 31.70% of the stock is currently owned by institutional investors.

About Gran Tierra Energy

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.