Gran Tierra Energy Inc. (NYSE:GTE – Get Free Report) CEO Gary Guidry bought 15,000 shares of the stock in a transaction dated Tuesday, September 17th. The stock was purchased at an average cost of $6.03 per share, for a total transaction of $90,450.00. Following the acquisition, the chief executive officer now owns 440,672 shares in the company, valued at approximately $2,657,252.16. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Gary Guidry also recently made the following trade(s):
- On Thursday, September 19th, Gary Guidry purchased 40,000 shares of Gran Tierra Energy stock. The stock was purchased at an average price of $6.11 per share, for a total transaction of $244,400.00.
Gran Tierra Energy Stock Performance
Gran Tierra Energy stock opened at $6.37 on Friday. The business has a fifty day simple moving average of $7.87. The company has a current ratio of 0.75, a quick ratio of 0.63 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $199.58 million, a price-to-earnings ratio of 63.70 and a beta of 1.56. Gran Tierra Energy Inc. has a 52 week low of $4.72 and a 52 week high of $10.40.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Gran Tierra Energy from a “strong-buy” rating to a “buy” rating in a report on Monday, August 5th.
Check Out Our Latest Report on Gran Tierra Energy
Hedge Funds Weigh In On Gran Tierra Energy
Institutional investors have recently modified their holdings of the stock. RPO LLC bought a new position in Gran Tierra Energy in the 4th quarter worth approximately $77,000. Sanders Morris Harris LLC acquired a new position in shares of Gran Tierra Energy during the first quarter valued at $85,000. Quadrature Capital Ltd bought a new position in Gran Tierra Energy in the fourth quarter valued at about $151,000. Hillsdale Investment Management Inc. bought a new position in Gran Tierra Energy in the first quarter valued at about $203,000. Finally, Aristides Capital LLC acquired a new stake in Gran Tierra Energy in the second quarter worth about $248,000. 31.70% of the stock is owned by institutional investors.
Gran Tierra Energy Company Profile
Gran Tierra Energy Inc is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru.
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