Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) major shareholder Equinox Partners Investment Ma bought 98,678 shares of Gran Tierra Energy stock in a transaction on Monday, April 21st. The stock was purchased at an average price of $4.66 per share, with a total value of $459,839.48. Following the completion of the acquisition, the insider now directly owns 1,994,486 shares of the company's stock, valued at $9,294,304.76. This represents a 5.21 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Equinox Partners Investment Ma also recently made the following trade(s):
- On Wednesday, April 16th, Equinox Partners Investment Ma acquired 45,158 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $4.59 per share, for a total transaction of $207,275.22.
- On Monday, April 14th, Equinox Partners Investment Ma bought 23,200 shares of Gran Tierra Energy stock. The stock was purchased at an average price of $4.16 per share, with a total value of $96,512.00.
- On Thursday, April 10th, Equinox Partners Investment Ma purchased 33,531 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of $3.73 per share, for a total transaction of $125,070.63.
- On Monday, April 7th, Equinox Partners Investment Ma bought 146,460 shares of Gran Tierra Energy stock. The shares were acquired at an average price of $3.94 per share, for a total transaction of $577,052.40.
- On Friday, April 4th, Equinox Partners Investment Ma purchased 123,000 shares of Gran Tierra Energy stock. The stock was acquired at an average price of $4.11 per share, with a total value of $505,530.00.
- On Wednesday, April 2nd, Equinox Partners Investment Ma purchased 5,000 shares of Gran Tierra Energy stock. The shares were acquired at an average price of $5.16 per share, for a total transaction of $25,800.00.
Gran Tierra Energy Trading Down 3.1 %
NYSE GTE opened at $4.43 on Thursday. The stock has a market cap of $158.99 million, a P/E ratio of 3.10 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 1.71. Gran Tierra Energy Inc. has a 12-month low of $3.34 and a 12-month high of $10.40. The company has a fifty day simple moving average of $4.71 and a two-hundred day simple moving average of $5.92.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Gran Tierra Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.
Get Our Latest Research Report on GTE
Institutional Trading of Gran Tierra Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of Gran Tierra Energy in the fourth quarter worth about $35,000. Private Trust Co. NA acquired a new position in Gran Tierra Energy in the 4th quarter worth approximately $51,000. R Squared Ltd purchased a new position in Gran Tierra Energy during the 4th quarter worth approximately $68,000. Lazard Asset Management LLC acquired a new stake in Gran Tierra Energy during the 4th quarter valued at approximately $81,000. Finally, Payden & Rygel purchased a new stake in shares of Gran Tierra Energy in the 4th quarter valued at $145,000. Institutional investors and hedge funds own 31.70% of the company's stock.
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.
Further Reading
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