Key Points
- Equinox Partners (a Gran Tierra director) bought 77,412 shares on Nov. 14 at an average price of $4.32, bringing their direct stake to 2,473,340 shares valued at about $10.68 million (a 3.23% increase); the purchase was reported in an SEC filing.
- Between Nov. 4–17, Equinox executed a series of buys totaling roughly 1,056,028 shares at an aggregate cost of about $4.29 million, signaling a substantial accumulation over the period.
- Gran Tierra (NYSE: GTE) was trading down ~5.3% to open at $4.14, with a 12‑month range of $3.09–$8.19, a market cap of $146.1 million, a P/E of 2.90, and about 31.7% of shares owned by institutions.
Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) Director Equinox Partners Investment Ma purchased 22,900 shares of the stock in a transaction dated Thursday, November 13th. The shares were purchased at an average cost of $4.39 per share, for a total transaction of $100,531.00. Following the completion of the acquisition, the director directly owned 2,447,562 shares in the company, valued at approximately $10,744,797.18. This trade represents a 0.94% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Equinox Partners Investment Ma also recently made the following trade(s):
- On Monday, November 17th, Equinox Partners Investment Ma acquired 126,126 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $4.21 per share, with a total value of $530,990.46.
- On Friday, November 14th, Equinox Partners Investment Ma acquired 77,412 shares of Gran Tierra Energy stock. The shares were purchased at an average price of $4.32 per share, with a total value of $334,419.84.
- On Wednesday, November 12th, Equinox Partners Investment Ma bought 115,131 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $4.32 per share, for a total transaction of $497,365.92.
- On Tuesday, November 11th, Equinox Partners Investment Ma bought 15,777 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $4.33 per share, for a total transaction of $68,314.41.
- On Friday, November 7th, Equinox Partners Investment Ma purchased 50,682 shares of Gran Tierra Energy stock. The shares were purchased at an average price of $4.11 per share, with a total value of $208,303.02.
- On Thursday, November 6th, Equinox Partners Investment Ma purchased 200,000 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of $4.07 per share, with a total value of $814,000.00.
- On Wednesday, November 5th, Equinox Partners Investment Ma acquired 172,000 shares of Gran Tierra Energy stock. The stock was acquired at an average price of $4.02 per share, for a total transaction of $691,440.00.
- On Tuesday, November 4th, Equinox Partners Investment Ma acquired 276,000 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $3.79 per share, for a total transaction of $1,046,040.00.
Gran Tierra Energy Stock Performance
Shares of NYSE GTE opened at $4.14 on Tuesday. Gran Tierra Energy Inc. has a 12-month low of $3.09 and a 12-month high of $8.19. The firm has a market capitalization of $146.13 million, a price-to-earnings ratio of 2.90 and a beta of 0.71. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 1.71. The firm has a 50 day moving average of $4.14 and a 200 day moving average of $4.43.
Institutional Investors Weigh In On Gran Tierra Energy
Hedge funds have recently modified their holdings of the business. Quadrature Capital Ltd purchased a new stake in shares of Gran Tierra Energy in the 2nd quarter worth $56,000. Bank of America Corp DE grew its holdings in Gran Tierra Energy by 270.3% during the second quarter. Bank of America Corp DE now owns 15,962 shares of the company's stock valued at $76,000 after purchasing an additional 11,651 shares during the period. Hsbc Holdings PLC purchased a new stake in Gran Tierra Energy in the first quarter worth about $90,000. XTX Topco Ltd bought a new position in shares of Gran Tierra Energy in the second quarter worth about $92,000. Finally, Marshall Wace LLP purchased a new position in shares of Gran Tierra Energy during the 2nd quarter valued at about $97,000. Institutional investors 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.
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