Insider Buying: Gran Tierra Energy (NYSE:GTE) Director Purchases 35,780 Shares of Stock

Gran Tierra Energy Inc. (NYSE:GTE) Director Equinox Partners Investment Ma acquired 35,780 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average price of $4.23 per share, for a total transaction of $151,349.40. Following the acquisition, the director owned 2,536,310 shares in the company, valued at approximately $10,728,591.30. This trade represents a 1.43% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Wednesday, November 19th, Equinox Partners Investment Ma bought 30,400 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $4.36 per share, for a total transaction of $132,544.00.
• On Monday, November 17th, Equinox Partners Investment Ma purchased 126,126 shares of Gran Tierra Energy stock. The shares were purchased at an average price of $4.21 per share, for a total transaction of $530,990.46.
• On Friday, November 14th, Equinox Partners Investment Ma purchased 77,412 shares of Gran Tierra Energy stock. The stock was purchased at an average price of $4.32 per share, with a total value of $334,419.84.
• On Thursday, November 13th, Equinox Partners Investment Ma acquired 22,900 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $4.39 per share, with a total value of $100,531.00.
• On Wednesday, November 12th, Equinox Partners Investment Ma acquired 115,131 shares of Gran Tierra Energy stock. The shares were purchased at an average price of $4.32 per share, for a total transaction of $497,365.92.
• On Tuesday, November 11th, Equinox Partners Investment Ma bought 15,777 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of $4.33 per share, for a total transaction of $68,314.41.
• On Friday, November 7th, Equinox Partners Investment Ma purchased 50,682 shares of Gran Tierra Energy stock. The shares were acquired at an average price of $4.11 per share, for a total transaction of $208,303.02.
• On Thursday, November 6th, Equinox Partners Investment Ma purchased 200,000 shares of Gran Tierra Energy stock. The shares were acquired 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 acquired 172,000 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.02 per share, with a total value of $691,440.00.
• On Tuesday, November 4th, Equinox Partners Investment Ma acquired 276,000 shares of Gran Tierra Energy stock. The shares were acquired at an average price of $3.79 per share, with a total value of $1,046,040.00.

Gran Tierra Energy Stock Up 0.9%

NYSE:GTE traded up $0.04 on Thursday, hitting $4.49. 964,185 shares of the company’s stock traded hands, compared to its average volume of 338,087. The company has a market cap of $158.48 million, a PE ratio of 3.14 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 current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 1.71. The firm has a 50-day moving average price of $4.16 and a 200-day moving average price of $4.43.

Hedge Funds Weigh In On Gran Tierra Energy

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

Gran Tierra Energy Company Profile

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.