Gran Tierra Energy Inc (TSE:GTE) (AMEX:GTE) insider Gmt Capital Corp purchased 22,700 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were bought at an average cost of C$2.19 per share, with a total value of C$49,713.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Wednesday, May 31st, Gmt Capital Corp acquired 1,600 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$2.34 per share, for a total transaction of C$3,744.00.
  • On Tuesday, May 30th, Gmt Capital Corp acquired 12,900 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$2.35 per share, for a total transaction of C$30,315.00.
  • On Tuesday, May 23rd, Gmt Capital Corp acquired 14,500 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$2.54 per share, for a total transaction of C$36,830.00.

Gran Tierra Energy Inc (TSE GTE) traded down 0.37% during trading on Tuesday, reaching $2.71. 52,950 shares of the company’s stock traded hands. The company’s market cap is $1.07 billion. The company has a 50 day moving average price of $2.86 and a 200-day moving average price of $3.23. Gran Tierra Energy Inc has a 12-month low of $2.65 and a 12-month high of $4.40.

Gran Tierra Energy (TSE:GTE) (AMEX:GTE) last released its earnings results on Thursday, August 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.06. The business had revenue of $96.13 million for the quarter, compared to analyst estimates of $99.95 million. Gran Tierra Energy had a negative return on equity of 2.76% and a negative net margin of 7.08%. On average, equities research analysts forecast that Gran Tierra Energy Inc will post $0.07 EPS for the current fiscal year.

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A number of large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in Gran Tierra Energy by 10.4% in the first quarter. Jane Street Group LLC now owns 40,479 shares of the company’s stock worth $107,000 after buying an additional 3,818 shares during the period. Virtu KCG Holdings LLC raised its stake in shares of Gran Tierra Energy by 3.7% in the second quarter. Virtu KCG Holdings LLC now owns 115,353 shares of the company’s stock worth $258,000 after buying an additional 4,063 shares during the last quarter. Aperio Group LLC raised its stake in shares of Gran Tierra Energy by 6.9% in the second quarter. Aperio Group LLC now owns 73,692 shares of the company’s stock worth $165,000 after buying an additional 4,769 shares during the last quarter. State Street Corp raised its stake in shares of Gran Tierra Energy by 2.2% in the second quarter. State Street Corp now owns 374,942 shares of the company’s stock worth $840,000 after buying an additional 8,119 shares during the last quarter. Finally, Deltec Asset Management LLC raised its stake in shares of Gran Tierra Energy by 17.2% in the first quarter. Deltec Asset Management LLC now owns 68,250 shares of the company’s stock worth $180,000 after buying an additional 10,000 shares during the last quarter.

Several equities analysts recently issued reports on GTE shares. TD Securities reissued an “action list buy” rating and set a C$6.50 price objective on shares of Gran Tierra Energy in a report on Friday, May 5th. Credit Suisse Group set a C$4.00 price objective on shares of Gran Tierra Energy and gave the company a “buy” rating in a report on Thursday, May 4th. Zacks Investment Research raised shares of Gran Tierra Energy from a “hold” rating to a “buy” rating and set a C$2.50 price objective on the stock in a report on Tuesday, July 18th. Finally, Scotiabank reissued an “outperform” rating and set a C$6.00 price objective on shares of Gran Tierra Energy in a report on Thursday, May 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. Gran Tierra Energy currently has an average rating of “Buy” and an average price target of C$4.90.

About Gran Tierra Energy

Gran Tierra Energy Inc, an independent energy company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia, Peru, and Brazil. As of December 31, 2016, the company had total proved undeveloped reserves of 14.9 million barrels of oil equivalent (MMBOE), including 10.4 MMBOE in Colombia and 4.5 MMBOE in Brazil.

Insider Buying and Selling by Quarter for Gran Tierra Energy (TSE:GTE)

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