Gran Tierra Energy (NYSE:GTE) Director Equinox Partners Investment Ma Buys 276,000 Shares of Stock

Gran Tierra Energy Inc. (NYSE:GTE) Director Equinox Partners Investment Ma bought 276,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was purchased at an average price of $3.79 per share, with a total value of $1,046,040.00. Following the completion of the purchase, the director directly owned 2,255,590 shares in the company, valued at $8,548,686.10. The trade was a 13.94% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Thursday, November 6th, Equinox Partners Investment Ma purchased 200,000 shares of Gran Tierra Energy stock. The stock was bought at an average price of $4.07 per share, for a total transaction of $814,000.00.
• On Wednesday, November 5th, Equinox Partners Investment Ma purchased 172,000 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of $4.02 per share, for a total transaction of $691,440.00.

Gran Tierra Energy Stock Up 0.2%

GTE stock opened at $4.08 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 1.71. The company has a market cap of $143.99 million, a PE ratio of 2.85 and a beta of 0.71. The business has a 50-day simple moving average of $4.10 and a 200 day simple moving average of $4.44. Gran Tierra Energy Inc. has a 52 week low of $3.09 and a 52 week high of $8.19.

Hedge Funds Weigh In On Gran Tierra Energy

Several large investors have recently added to or reduced their stakes in the business. Quadrature Capital Ltd purchased a new position in shares of Gran Tierra Energy in the 2nd quarter worth about $56,000. Bank of America Corp DE boosted its holdings in Gran Tierra Energy by 270.3% during the 2nd quarter. Bank of America Corp DE now owns 15,962 shares of the company’s stock valued at $76,000 after acquiring an additional 11,651 shares during the period. Hsbc Holdings PLC bought a new stake in Gran Tierra Energy during the 1st quarter valued at $90,000. XTX Topco Ltd bought a new stake in shares of Gran Tierra Energy in the second quarter worth about $92,000. Finally, Marshall Wace LLP bought a new stake in Gran Tierra Energy in the second quarter valued at $97,000. Institutional investors own 31.70% of the company’s stock.

Gran Tierra Energy Company Profile

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.