Key Points
- Equinox Partners director bought 35,780 shares of Gran Tierra Energy on Nov. 18 at $4.23 each (total $151,349.40), bringing their direct holding to 2,536,310 shares and increasing ownership by about 1.43%.
- Equinox made a string of aggressive purchases from Nov. 4–19 totaling roughly 1.12 million shares — worth about $4.6 million — signaling sustained accumulation in early–mid November.
- Gran Tierra stock was down about 4.3% to $4.30 (market cap ~$151.6M, P/E ~3.0) and is trading just above its 50‑day moving average ($4.17) but below its 200‑day average ($4.43).
Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) Director Equinox Partners Investment Ma purchased 30,400 shares of the business's stock in a transaction on Wednesday, November 19th. The shares were acquired at an average price of $4.36 per share, with a total value of $132,544.00. Following the purchase, the director owned 2,543,910 shares of the company's stock, valued at approximately $11,091,447.60. This trade represents a 1.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Equinox Partners Investment Ma also recently made the following trade(s):
- On Tuesday, November 18th, Equinox Partners Investment Ma bought 35,780 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.23 per share, for a total transaction of $151,349.40.
- On Monday, November 17th, Equinox Partners Investment Ma purchased 126,126 shares of Gran Tierra Energy stock. The shares were acquired 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 bought 77,412 shares of Gran Tierra Energy stock. The shares were acquired at an average price of $4.32 per share, for a total transaction of $334,419.84.
- On Thursday, November 13th, Equinox Partners Investment Ma acquired 22,900 shares of Gran Tierra Energy stock. The shares were bought at an average cost of $4.39 per share, for a total transaction of $100,531.00.
- On Wednesday, November 12th, Equinox Partners Investment Ma purchased 115,131 shares of Gran Tierra Energy stock. The shares were bought 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 acquired 15,777 shares of Gran Tierra Energy stock. The stock was bought at an average price of $4.33 per share, with a total value 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 cost of $4.11 per share, for a total transaction of $208,303.02.
- On Thursday, November 6th, Equinox Partners Investment Ma bought 200,000 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.07 per share, for a total transaction 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 cost of $4.02 per share, for a total transaction of $691,440.00.
- On Tuesday, November 4th, Equinox Partners Investment Ma purchased 276,000 shares of Gran Tierra Energy stock. The stock was bought at an average price of $3.79 per share, for a total transaction of $1,046,040.00.
Gran Tierra Energy Trading Down 1.7%
GTE traded down $0.08 during midday trading on Friday, reaching $4.42. 120,430 shares of the company were exchanged, compared to its average volume of 337,056. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.19 and a current ratio of 1.31. The stock has a market capitalization of $155.83 million, a P/E ratio of 3.08 and a beta of 0.71. The stock's 50-day simple moving average is $4.17 and its 200 day simple moving average is $4.43. Gran Tierra Energy Inc. has a one year low of $3.09 and a one year high of $8.19.
Institutional Investors Weigh In On Gran Tierra Energy
Hedge funds have recently bought and sold shares of the company. Equinox Partners Investment Management LLC increased its position in shares of Gran Tierra Energy by 37.2% in the 2nd quarter. Equinox Partners Investment Management LLC now owns 5,097,688 shares of the company's stock valued at $24,316,000 after buying an additional 1,381,574 shares in the last quarter. Encompass Capital Advisors LLC boosted its holdings in shares of Gran Tierra Energy by 33.4% in the first quarter. Encompass Capital Advisors LLC now owns 2,500,589 shares of the company's stock valued at $12,328,000 after buying an additional 625,562 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Gran Tierra Energy during the first quarter worth $2,275,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Gran Tierra Energy by 897.5% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 346,499 shares of the company's stock worth $1,693,000 after acquiring an additional 311,761 shares during the period. Finally, LM Asset IM Inc. lifted its position in Gran Tierra Energy by 13.4% in the 2nd quarter. LM Asset IM Inc. now owns 1,945,800 shares of the company's stock valued at $9,281,000 after acquiring an additional 229,200 shares in the last quarter. 31.70% of the stock is currently owned by institutional investors and hedge funds.
About Gran Tierra Energy
(
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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