Gmt Capital Corp Purchases 5,300 Shares of Gran Tierra Energy Inc (GTE) Stock

Gran Tierra Energy Inc (TSE:GTE) (NYSEMKT:GTE) insider Gmt Capital Corp acquired 5,300 shares of Gran Tierra Energy stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average price of C$2.32 per share, with a total value of C$12,296.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Wednesday, November 29th, Gmt Capital Corp acquired 4,500 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.13 per share, with a total value of C$9,585.00.
  • On Monday, November 27th, Gmt Capital Corp acquired 22,300 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.09 per share, with a total value of C$46,607.00.
  • On Wednesday, November 22nd, Gmt Capital Corp acquired 20,300 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.13 per share, with a total value of C$43,239.00.
  • On Friday, November 17th, Gmt Capital Corp acquired 15,800 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.10 per share, with a total value of C$33,180.00.
  • On Monday, November 20th, Gmt Capital Corp acquired 3,000 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.11 per share, with a total value of C$6,330.00.
  • On Wednesday, November 15th, Gmt Capital Corp acquired 14,600 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.10 per share, with a total value of C$30,660.00.
  • On Tuesday, September 12th, Gmt Capital Corp acquired 14,200 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.06 per share, with a total value of C$29,252.00.
  • On Monday, September 11th, Gmt Capital Corp acquired 26,300 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.07 per share, with a total value of C$54,441.00.
  • On Tuesday, September 5th, Gmt Capital Corp acquired 17,200 shares of Gran Tierra Energy stock. The shares were purchased at an average price of C$2.06 per share, with a total value of C$35,432.00.

Shares of Gran Tierra Energy Inc (GTE) opened at C$2.93 on Friday. 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 quarterly earnings data on Thursday, November 2nd. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.04). The business had revenue of C$103.77 million during the quarter, compared to analysts’ expectations of C$110.60 million. Gran Tierra Energy had a net margin of 3.02% and a return on equity of 1.28%. The firm’s revenue was up 51.4% on a year-over-year basis. During the same period last year, the company earned ($0.71) earnings per share.

GTE has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Gran Tierra Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Eight Capital dropped their target price on shares of Gran Tierra Energy from C$6.50 to C$5.25 in a research report on Wednesday, September 27th. Finally, Scotiabank reissued a “buy” rating and set a C$5.50 target price on shares of Gran Tierra Energy in a research report on Tuesday, October 10th. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of C$4.68.

Several hedge funds have recently added to or reduced their stakes in GTE. Vanguard Group Inc. boosted its holdings in shares of Gran Tierra Energy by 10.6% in the 1st quarter. Vanguard Group Inc. now owns 9,383,209 shares of the company’s stock valued at $24,772,000 after acquiring an additional 898,590 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Gran Tierra Energy by 2.7% in the 1st quarter. Morgan Stanley now owns 2,310,334 shares of the company’s stock valued at $6,099,000 after acquiring an additional 59,685 shares during the last quarter. Aperio Group LLC boosted its holdings in shares of Gran Tierra Energy by 6.9% in the 2nd quarter. Aperio Group LLC now owns 73,692 shares of the company’s stock valued at $165,000 after acquiring an additional 4,769 shares during the last quarter. Foundry Partners LLC boosted its holdings in shares of Gran Tierra Energy by 8.5% in the 2nd quarter. Foundry Partners LLC now owns 1,564,887 shares of the company’s stock valued at $3,505,000 after acquiring an additional 122,836 shares during the last quarter. Finally, Marshall Wace North America L.P. boosted its holdings in shares of Gran Tierra Energy by 15.4% in the 2nd quarter. Marshall Wace North America L.P. now owns 2,668,673 shares of the company’s stock valued at $5,337,000 after acquiring an additional 356,718 shares during the last quarter.

COPYRIGHT VIOLATION WARNING: This story was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this story can be viewed at https://www.com-unik.info/2017/12/03/gmt-capital-corp-purchases-5300-shares-of-gran-tierra-energy-inc-gte-stock.html.

About Gran Tierra Energy

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)

What are top analysts saying about Gran Tierra Energy Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Gran Tierra Energy Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit