LM Asset Management Inc. Purchases Shares of 4,365,420 Gran Tierra Energy Inc. $GTE

Posted by Brian Himes on Aug 21st, 2026

LM Asset Management Inc. acquired a new stake in Gran Tierra Energy Inc. (NYSE:GTE – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,365,420 shares of the company’s stock, valued at approximately $27,283,875,000. Gran Tierra Energy accounts for 16.9% of LM Asset Management Inc.’s holdings, making the stock its 3rd biggest holding. LM Asset Management Inc. owned 0.12% of Gran Tierra Energy as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE increased its stake in shares of 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 worth $76,000 after buying an additional 11,651 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Gran Tierra Energy during the 4th quarter worth approximately $81,000. nVerses Capital LLC purchased a new stake in shares of Gran Tierra Energy in the 4th quarter valued at approximately $84,000. XTX Topco Ltd purchased a new stake in shares of Gran Tierra Energy in the 2nd quarter valued at approximately $92,000. Finally, Marshall Wace LLP purchased a new stake in shares of Gran Tierra Energy in the 2nd quarter valued at approximately $97,000. 31.70% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, major shareholder Equinox Partners Investment Ma sold 347,990 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $9.31, for a total value of $3,239,786.90. Following the completion of the transaction, the insider directly owned 299,625 shares of the company’s stock, valued at $2,789,508.75. This represents a 53.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 2,906,889 shares of company stock worth $27,500,035 in the last three months. 5.75% of the stock is owned by insiders.

Gran Tierra Energy Trading Down 0.5%

GTE opened at $9.76 on Friday. Gran Tierra Energy Inc. has a one year low of $3.09 and a one year high of $11.52. The company has a market cap of $345.31 million, a P/E ratio of 6.83 and a beta of 0.13. 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 business’s 50-day simple moving average is $7.39 and its 200-day simple moving average is $7.64.

Analyst Ratings Changes

Separately, Roth Capital reaffirmed a “buy” rating on shares of Gran Tierra Energy in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $9.72.

Get Our Latest Stock Analysis on GTE

Gran Tierra Energy Profile

(Free Report)

Gran Tierra Energy Inc is an independent oil and gas exploration and production company focused on on-shore assets in South America. Headquartered in Calgary, Alberta, the company trades on the New York Stock Exchange under the symbol GTE. Since its founding in 2006, Gran Tierra has assembled a diversified portfolio of exploration and development blocks, with principal operations in Colombia’s Llanos and Putumayo basins and in Ecuador’s Oriente Basin.

The company’s core activities encompass the full upstream value chain, from geological and geophysical surveys to drilling, completion and production operations.