Gran Tierra Energy (NYSE:GTE) Director Buys $151,349.40 in Stock

Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) Director Equinox Partners Investment Ma acquired 35,780 shares of the stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average price of $4.23 per share, for a total transaction of $151,349.40. Following the purchase, the director directly owned 2,536,310 shares in the company, valued at approximately $10,728,591.30. This trade represents a 1.43% increase in their ownership of the stock. The acquisition 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 Wednesday, November 19th, Equinox Partners Investment Ma bought 30,400 shares of Gran Tierra Energy stock. The stock was bought 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 acquired 126,126 shares of Gran Tierra Energy stock. The stock was bought at an average cost of $4.21 per share, for a total transaction of $530,990.46.
• On Friday, November 14th, Equinox Partners Investment Ma bought 77,412 shares of Gran Tierra Energy stock. The shares were acquired 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 bought 22,900 shares of Gran Tierra Energy stock. The stock was acquired 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 purchased 115,131 shares of Gran Tierra Energy stock. The shares were bought 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 purchased 15,777 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of $4.33 per share, with a total value of $68,314.41.
• On Friday, November 7th, Equinox Partners Investment Ma bought 50,682 shares of Gran Tierra Energy stock. The shares were acquired 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 stock was 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 bought 172,000 shares of Gran Tierra Energy stock. The stock was bought at an average price 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 4.3%

Gran Tierra Energy stock traded down $0.19 during midday trading on Friday, hitting $4.30. 93,344 shares of the company's stock were exchanged, compared to its average volume of 336,866. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.19 and a current ratio of 1.31. The company has a market cap of $151.63 million, a PE ratio of 3.00 and a beta of 0.71. The firm has a 50-day moving average of $4.17 and a two-hundred day moving average of $4.43. Gran Tierra Energy Inc. has a 12 month low of $3.09 and a 12 month high of $8.19.

Institutional Investors Weigh In On Gran Tierra Energy

A number of large investors have recently bought and sold shares of GTE. Equinox Partners Investment Management LLC increased its holdings 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 buying an additional 1,381,574 shares in the last quarter. Encompass Capital Advisors LLC boosted its position in Gran Tierra Energy by 33.4% during the first quarter. Encompass Capital Advisors LLC now owns 2,500,589 shares of the company's stock worth $12,328,000 after purchasing an additional 625,562 shares in the last quarter. LM Asset IM Inc. grew its holdings 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 valued at $9,281,000 after purchasing an additional 229,200 shares during the period. American Century Companies Inc. grew its holdings in Gran Tierra Energy by 8.2% in the second quarter. American Century Companies Inc. now owns 1,409,583 shares of the company's stock valued at $6,724,000 after purchasing an additional 106,478 shares during the period. Finally, Bridgeway Capital Management LLC increased its position in shares of Gran Tierra Energy by 1.1% in the first quarter. Bridgeway Capital Management LLC now owns 558,374 shares of the company's stock valued at $2,753,000 after buying an additional 6,219 shares in the last quarter. Hedge funds and other institutional investors own 31.70% of the company's stock.

About Gran Tierra Energy

(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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