Gran Tierra Energy Inc (TSE:GTE) (NYSEMKT:GTE) insider Gmt Capital Corp bought 9,800 shares of Gran Tierra Energy stock in a transaction dated Monday, December 11th. The shares were purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost of C$2.13 per share, for a total transaction of C$43,239.00.
  • On Friday, November 17th, Gmt Capital Corp purchased 15,800 shares of Gran Tierra Energy stock. The stock was bought at an average cost 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 stock was bought at an average cost of C$2.11 per share, for a total transaction of C$6,330.00.
  • On Wednesday, November 15th, Gmt Capital Corp purchased 14,600 shares of Gran Tierra Energy stock. The stock was bought at an average cost of C$2.10 per share, for a total transaction of C$30,660.00.

Gran Tierra Energy Inc (GTE) traded up C$0.04 during mid-day trading on Wednesday, reaching C$2.96. 1,439,570 shares of the company’s stock traded hands, compared to its average volume of 710,485. Gran Tierra Energy Inc has a 12-month low of C$2.41 and a 12-month high of C$4.18.

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

Hedge funds have recently added to or reduced their stakes in the business. BlueCrest Capital Management Ltd bought a new stake in Gran Tierra Energy during the second quarter valued at $114,000. Aperio Group LLC increased its stake in Gran Tierra Energy by 6.9% during the second quarter. Aperio Group LLC now owns 73,692 shares of the company’s stock valued at $165,000 after purchasing an additional 4,769 shares during the last quarter. Bank of Nova Scotia increased its stake in Gran Tierra Energy by 39.3% during the second quarter. Bank of Nova Scotia now owns 115,707 shares of the company’s stock valued at $257,000 after purchasing an additional 32,656 shares during the last quarter. Virtu KCG Holdings LLC increased its stake in Gran Tierra Energy by 3.7% during the second quarter. Virtu KCG Holdings LLC now owns 115,353 shares of the company’s stock valued at $258,000 after purchasing an additional 4,063 shares during the last quarter. Finally, Brandes Investment Partners LP increased its stake in Gran Tierra Energy by 74.6% during the second quarter. Brandes Investment Partners LP now owns 126,553 shares of the company’s stock valued at $283,000 after purchasing an additional 54,073 shares during the last quarter.

Several research firms recently issued reports on GTE. Scotiabank reaffirmed an “outperform” rating and issued a C$5.50 price target on shares of Gran Tierra Energy in a report on Wednesday, November 29th. Zacks Investment Research raised shares of Gran Tierra Energy from a “strong sell” rating to a “hold” rating in a report on Friday, October 27th. Finally, 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. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$4.68.

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Gran Tierra Energy Company Profile

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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