Gran Tierra Energy Inc (TSE:GTE) (NYSEMKT:GTE) insider Gmt Capital Corp bought 9,800 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were acquired at an average price of C$2.24 per share, for a total transaction of C$21,952.00.

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

  • On Friday, December 1st, Gmt Capital Corp bought 5,300 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.32 per share, for a total transaction of C$12,296.00.
  • On Wednesday, November 29th, Gmt Capital Corp bought 4,500 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.13 per share, for a total transaction of C$9,585.00.
  • On Monday, November 27th, Gmt Capital Corp bought 22,300 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.09 per share, for a total transaction of C$46,607.00.
  • On Wednesday, November 22nd, Gmt Capital Corp bought 20,300 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.13 per share, for a total transaction of C$43,239.00.
  • On Friday, November 17th, Gmt Capital Corp bought 15,800 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.10 per share, for a total transaction of C$33,180.00.
  • On Monday, November 20th, Gmt Capital Corp purchased 3,000 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of C$2.11 per share, with a total value of C$6,330.00.
  • On Wednesday, November 15th, Gmt Capital Corp purchased 14,600 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of C$2.10 per share, with a total value of C$30,660.00.

Shares of Gran Tierra Energy Inc (TSE GTE) traded up C$0.04 during midday trading on Tuesday, hitting C$2.96. 1,439,570 shares of the company’s stock were exchanged, compared to its average volume of 710,485. Gran Tierra Energy Inc has a one year low of C$2.41 and a one year high of C$4.18.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last announced its earnings results on Thursday, November 2nd. The company reported C$0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.05 by C($0.04). Gran Tierra Energy had a return on equity of 1.28% and a net margin of 3.02%. The company had revenue of C$103.77 million during the quarter, compared to the consensus estimate of C$110.60 million. During the same period in the prior year, the firm posted ($0.71) earnings per share. The company’s revenue was up 51.4% on a year-over-year basis.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. 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 acquiring 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 acquiring 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 acquiring an additional 8,119 shares during the last quarter. Toronto Dominion Bank raised its stake in shares of Gran Tierra Energy by 0.4% in the second quarter. Toronto Dominion Bank now owns 5,891,616 shares of the company’s stock worth $13,084,000 after acquiring an additional 23,195 shares during the last quarter. Finally, Brandes Investment Partners LP raised its stake in shares of Gran Tierra Energy by 20.1% in the third quarter. Brandes Investment Partners LP now owns 151,959 shares of the company’s stock worth $346,000 after acquiring an additional 25,406 shares during the last quarter.

Several equities analysts recently issued reports on GTE shares. Eight Capital cut their price target on shares of Gran Tierra Energy from C$6.50 to C$5.25 in a report on Wednesday, September 27th. Scotiabank reissued a “buy” rating and set a C$5.50 price target on shares of Gran Tierra Energy in a report on Tuesday, October 10th. Finally, Zacks Investment Research downgraded shares of Gran Tierra Energy from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 18th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Gran Tierra Energy currently has an average rating of “Buy” and a consensus target price of C$4.68.

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About Gran Tierra Energy

Gran Tierra Energy Inc is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization.

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

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