Gran Tierra Energy (NYSE:GTE) Director Acquires $340,125.84 in Stock

Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) Director Equinox Partners Investment Ma acquired 80,408 shares of Gran Tierra Energy stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average price of $4.23 per share, with a total value of $340,125.84. Following the completion of the acquisition, the director directly owned 2,583,779 shares of the company's stock, valued at approximately $10,929,385.17. The trade was a 3.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, November 24th, Equinox Partners Investment Ma bought 27,067 shares of Gran Tierra Energy stock. The stock was acquired at an average price of $4.35 per share, for a total transaction of $117,741.45.
• On Friday, November 21st, Equinox Partners Investment Ma purchased 50,000 shares of Gran Tierra Energy stock. The shares were bought at an average price of $4.35 per share, with a total value of $217,500.00.
• On Wednesday, November 19th, Equinox Partners Investment Ma acquired 30,400 shares of Gran Tierra Energy stock. The shares were bought at an average cost of $4.36 per share, with a total value of $132,544.00.
• On Tuesday, November 18th, Equinox Partners Investment Ma acquired 35,780 shares of Gran Tierra Energy stock. The stock was bought at an average cost of $4.23 per share, with a total value of $151,349.40.
• On Monday, November 17th, Equinox Partners Investment Ma purchased 126,126 shares of Gran Tierra Energy stock. The shares were bought at an average price of $4.21 per share, with a total value of $530,990.46.
• On Friday, November 14th, Equinox Partners Investment Ma purchased 77,412 shares of Gran Tierra Energy stock. The stock was bought at an average cost 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 shares were purchased at an average cost 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 purchased at an average cost of $4.32 per share, for a total transaction of $497,365.92.
• On Tuesday, November 11th, Equinox Partners Investment Ma acquired 15,777 shares of Gran Tierra Energy stock. The stock was 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 stock was acquired at an average price of $4.11 per share, for a total transaction of $208,303.02.

Gran Tierra Energy Stock Performance

Shares of GTE opened at $4.26 on Wednesday. The company has a market capitalization of $150.36 million, a price-to-earnings ratio of 2.98 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. The stock has a 50 day moving average of $4.19 and a 200 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 Trading of Gran Tierra Energy

A number of large investors have recently added to or reduced their stakes in the stock. Quadrature Capital Ltd purchased a new position in Gran Tierra Energy in the second quarter valued at about $56,000. Bank of America Corp DE increased its stake in shares of Gran Tierra Energy by 270.3% during the 2nd quarter. Bank of America Corp DE now owns 15,962 shares of the company's stock worth $76,000 after purchasing an additional 11,651 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of Gran Tierra Energy in the 1st quarter worth approximately $90,000. XTX Topco Ltd purchased a new position in Gran Tierra Energy in the second quarter valued at approximately $92,000. Finally, Marshall Wace LLP purchased a new position in Gran Tierra Energy in the second quarter valued at approximately $97,000. 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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