Insider Buying: Gran Tierra Energy (NYSE:GTE) Director Buys 77,412 Shares of Stock

Gran Tierra Energy Inc. (NYSE:GTEGet Free Report) Director Equinox Partners Investment Ma purchased 77,412 shares of Gran Tierra Energy stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average cost of $4.32 per share, with a total value of $334,419.84. Following the acquisition, the director directly owned 2,473,340 shares of the company’s stock, valued at $10,684,828.80. The trade was a 3.23% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Monday, November 17th, Equinox Partners Investment Ma bought 126,126 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.21 per share, for a total transaction of $530,990.46.
  • On Thursday, November 13th, Equinox Partners Investment Ma bought 22,900 shares of Gran Tierra Energy stock. The shares were acquired at an average price of $4.39 per share, with a total value of $100,531.00.
  • On Wednesday, November 12th, Equinox Partners Investment Ma purchased 115,131 shares of Gran Tierra Energy stock. The shares were bought 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 shares were bought 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 acquired 50,682 shares of Gran Tierra Energy stock. The shares were bought at an average cost of $4.11 per share, with a total value of $208,303.02.
  • On Thursday, November 6th, Equinox Partners Investment Ma bought 200,000 shares of Gran Tierra Energy stock. The stock was bought at an average cost of $4.07 per share, with a total value of $814,000.00.
  • On Wednesday, November 5th, Equinox Partners Investment Ma purchased 172,000 shares of Gran Tierra Energy stock. The shares were bought 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 stock was purchased at an average price of $3.79 per share, with a total value of $1,046,040.00.

Gran Tierra Energy Stock Down 5.3%

NYSE GTE traded down $0.23 on Monday, hitting $4.14. 745,265 shares of the stock traded hands, compared to its average volume of 334,185. The stock has a 50-day moving average of $4.14 and a 200 day moving average of $4.43. Gran Tierra Energy Inc. has a twelve month low of $3.09 and a twelve month high of $8.19. The company has a market capitalization of $146.13 million, a P/E ratio of 2.90 and a beta of 0.71. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 1.71.

Institutional Investors Weigh In On Gran Tierra Energy

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

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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