Gran Tierra Energy Inc. (NYSE:GTE) Major Shareholder Equinox Partners Investment Ma Buys 5,000 Shares

Gran Tierra Energy Inc. (NYSE:GTE) major shareholder Equinox Partners Investment Ma acquired 5,000 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The stock was bought at an average price of $5.16 per share, with a total value of $25,800.00. Following the purchase, the insider now directly owns 1,737,936 shares of the company’s stock, valued at $8,967,749.76. This represents a 0.29 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Gran Tierra Energy Stock Performance

Shares of Gran Tierra Energy stock opened at $4.11 on Friday. The firm’s fifty day simple moving average is $5.17 and its 200-day simple moving average is $6.13. Gran Tierra Energy Inc. has a 12 month low of $3.96 and a 12 month high of $10.40. The stock has a market capitalization of $147.50 million, a price-to-earnings ratio of 2.87 and a beta of 1.45. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers grew its holdings in shares of Gran Tierra Energy by 4.7% during the fourth quarter. Cetera Investment Advisers now owns 55,899 shares of the company’s stock worth $404,000 after buying an additional 2,484 shares during the last quarter. Invesco Ltd. lifted its position in Gran Tierra Energy by 1.0% during the 4th quarter. Invesco Ltd. now owns 286,960 shares of the company’s stock worth $2,075,000 after acquiring an additional 2,846 shares during the period. Quantbot Technologies LP purchased a new position in shares of Gran Tierra Energy in the 4th quarter valued at approximately $35,000. Barclays PLC raised its stake in shares of Gran Tierra Energy by 25.6% during the third quarter. Barclays PLC now owns 33,755 shares of the company’s stock worth $211,000 after purchasing an additional 6,875 shares during the last quarter. Finally, Private Trust Co. NA acquired a new stake in shares of Gran Tierra Energy during the fourth quarter worth $51,000. 31.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut Gran Tierra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Gran Tierra Energy Company Profile

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.