Equinox Partners Investment Ma Acquires 33,531 Shares of Gran Tierra Energy Inc. (NYSE:GTE) Stock

Gran Tierra Energy Inc. (NYSE:GTE - Get Free Report) major shareholder Equinox Partners Investment Ma bought 33,531 shares of Gran Tierra Energy stock in a transaction that occurred on Thursday, April 10th. The shares were acquired at an average cost of $3.73 per share, for a total transaction of $125,070.63. Following the acquisition, the insider now owns 1,937,651 shares in the company, valued at $7,227,438.23. The trade was a 1.76 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, April 14th, Equinox Partners Investment Ma bought 23,200 shares of Gran Tierra Energy stock. The stock was bought at an average cost of $4.16 per share, with a total value of $96,512.00.
• On Monday, April 7th, Equinox Partners Investment Ma purchased 146,460 shares of Gran Tierra Energy stock. The shares were bought at an average price of $3.94 per share, for a total transaction of $577,052.40.
• On Friday, April 4th, Equinox Partners Investment Ma acquired 123,000 shares of Gran Tierra Energy stock. The shares were bought at an average cost of $4.11 per share, with a total value of $505,530.00.
• On Wednesday, April 2nd, Equinox Partners Investment Ma bought 5,000 shares of Gran Tierra Energy stock. The stock was purchased at an average cost of $5.16 per share, for a total transaction of $25,800.00.

Gran Tierra Energy Trading Up 5.4 %

GTE traded up $0.24 during midday trading on Friday, reaching $4.74. 322,768 shares of the company's stock traded hands, compared to its average volume of 311,961. The stock has a market capitalization of $170.26 million, a price-to-earnings ratio of 3.32 and a beta of 0.89. Gran Tierra Energy Inc. has a 52 week low of $3.34 and a 52 week high of $10.40. The firm has a fifty day moving average of $4.78 and a two-hundred day moving average of $5.96. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Gran Tierra Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Equinox Partners Investment Management LLC increased its position in shares of Gran Tierra Energy by 63.6% during the fourth quarter. Equinox Partners Investment Management LLC now owns 3,390,114 shares of the company's stock valued at $24,511,000 after buying an additional 1,318,488 shares during the period. Encompass Capital Advisors LLC bought a new position in shares of Gran Tierra Energy in the 4th quarter worth approximately $13,557,000. American Century Companies Inc. lifted its stake in shares of Gran Tierra Energy by 11.9% in the 4th quarter. American Century Companies Inc. now owns 1,171,287 shares of the company's stock valued at $8,468,000 after purchasing an additional 124,138 shares during the period. LM Asset IM Inc. bought a new stake in shares of Gran Tierra Energy during the fourth quarter valued at approximately $7,928,000. Finally, Renaissance Technologies LLC grew its stake in Gran Tierra Energy by 22.7% in the fourth quarter. Renaissance Technologies LLC now owns 865,280 shares of the company's stock worth $6,256,000 after purchasing an additional 159,900 shares during the period. 31.70% of the stock is owned by hedge funds and other institutional investors.

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.