Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) CEO Gary Guidry acquired 15,000 shares of Gran Tierra Energy stock in a transaction that occurred on Tuesday, September 17th. The stock was purchased at an average cost of $6.03 per share, with a total value of $90,450.00. Following the completion of the purchase, the chief executive officer now owns 440,672 shares in the company, valued at approximately $2,657,252.16. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Gary Guidry also recently made the following trade(s):
- On Thursday, September 19th, Gary Guidry bought 40,000 shares of Gran Tierra Energy stock. The stock was bought at an average cost of $6.11 per share, with a total value of $244,400.00.
Gran Tierra Energy Stock Up 3.4 %
GTE stock opened at $6.10 on Friday. The stock's 50 day simple moving average is $8.02. The stock has a market capitalization of $191.13 million, a PE ratio of 61.00 and a beta of 1.56. Gran Tierra Energy Inc. has a fifty-two week low of $4.72 and a fifty-two week high of $10.40. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.63 and a current ratio of 0.75.
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Gran Tierra Energy (NYSE:GTE - Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $1.16 EPS for the quarter. The company had revenue of $165.61 million for the quarter. Gran Tierra Energy had a return on equity of 12.60% and a net margin of 7.68%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Jump Financial LLC lifted its position in shares of Gran Tierra Energy by 18.7% in the fourth quarter. Jump Financial LLC now owns 50,200 shares of the company's stock valued at $283,000 after acquiring an additional 7,900 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Gran Tierra Energy by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 206,579 shares of the company's stock worth $1,998,000 after acquiring an additional 10,000 shares during the last quarter. Sanders Morris Harris LLC acquired a new stake in Gran Tierra Energy during the first quarter worth about $85,000. RPO LLC acquired a new stake in Gran Tierra Energy during the fourth quarter worth about $77,000. Finally, Renaissance Technologies LLC grew its stake in shares of Gran Tierra Energy by 2.6% in the second quarter. Renaissance Technologies LLC now owns 780,180 shares of the company's stock valued at $7,544,000 after buying an additional 20,100 shares in the last quarter. Institutional investors and hedge funds own 31.70% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com downgraded Gran Tierra Energy from a "strong-buy" rating to a "buy" rating in a research report on Monday, August 5th.
View Our Latest Stock Report on Gran Tierra Energy
About Gran Tierra Energy
(
Get Free Report)
Gran Tierra Energy Inc is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru.
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