Equinox Partners Investment Ma Purchases 200,000 Shares of Gran Tierra Energy (NYSE:GTE) Stock

Gran Tierra Energy Inc. (NYSE:GTE) Director Equinox Partners Investment Ma purchased 200,000 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $4.07 per share, for a total transaction of $814,000.00. Following the transaction, the director directly owned 2,379,466 shares of the company’s stock, valued at approximately $9,684,426.62. The trade was a 9.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Equinox Partners Investment Ma also recently made the following trade(s):

• 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 shares were acquired at an average price of $3.79 per share, for a total transaction of $1,046,040.00.

Gran Tierra Energy Stock Performance

Shares of GTE opened at $4.31 on Friday. The stock has a 50-day moving average of $4.10 and a 200-day moving average of $4.44. Gran Tierra Energy Inc. has a one year low of $3.09 and a one year high of $8.19. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. The company has a market cap of $152.13 million, a PE ratio of 3.01 and a beta of 0.71.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Gran Tierra Energy during the 1st quarter valued at $2,275,000. Cetera Investment Advisers lifted its stake in Gran Tierra Energy by 4.6% in the 1st quarter. Cetera Investment Advisers now owns 58,450 shares of the company’s stock worth $288,000 after purchasing an additional 2,551 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in 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 valued at $1,693,000 after buying an additional 311,761 shares during the period. American Century Companies Inc. grew its holdings in shares of Gran Tierra Energy by 11.3% during the first quarter. American Century Companies Inc. now owns 1,303,105 shares of the company’s stock worth $6,424,000 after purchasing an additional 131,818 shares in the last quarter. Finally, Wealthedge Investment Advisors LLC increased its holdings in shares of Gran Tierra Energy by 27.5% in the 1st quarter. Wealthedge Investment Advisors LLC now owns 86,646 shares of the company’s stock worth $427,000 after buying an additional 18,688 shares during the last quarter. 31.70% of the stock is currently owned by hedge funds and other institutional investors.

About Gran Tierra Energy

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.