Gran Tierra Energy Inc. (TSE:GTE) (AMEX:GTE) insider Susan Lynn Mawdsley bought 20,000 shares of the stock in a transaction dated Tuesday, November 29th. The stock was acquired at an average price of C$3.00 per share, with a total value of C$60,000.00. Following the completion of the purchase, the insider now owns 56,000 shares of the company’s stock, valued at approximately C$168,000.

Susan Lynn Mawdsley also recently made the following trade(s):

  • On Wednesday, November 9th, Susan Lynn Mawdsley bought 36,000 shares of Gran Tierra Energy stock. The stock was acquired at an average price of C$2.98 per share, with a total value of C$107,280.00.

Shares of Gran Tierra Energy Inc. (TSE:GTE) opened at 3.84 on Thursday. Gran Tierra Energy Inc. has a 12 month low of $2.56 and a 12 month high of $4.44. The company has a 50-day moving average price of $4.01 and a 200-day moving average price of $3.88. The firm’s market cap is $1.37 billion.

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Several equities analysts recently issued reports on the company. FirstEnergy Capital reiterated an “outperform” rating on shares of Gran Tierra Energy in a report on Friday, August 12th. TD Securities reiterated a “buy” rating and issued a C$5.50 price target on shares of Gran Tierra Energy in a report on Tuesday, August 9th. Scotiabank restated an “outperform” rating and set a C$5.50 target price on shares of Gran Tierra Energy in a report on Wednesday. Zacks Investment Research cut Gran Tierra Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday. Finally, Paradigm Capital raised their target price on Gran Tierra Energy from C$4.75 to C$5.00 and gave the stock a “buy” rating in a report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. Gran Tierra Energy has an average rating of “Buy” and an average target price of C$6.62.

Institutional investors have recently modified their holdings of the company. Ingalls & Snyder LLC purchased a new position in shares of Gran Tierra Energy during the second quarter worth about $32,586,000. Alliancebernstein L.P. boosted its stake in shares of Gran Tierra Energy by 792.6% in the second quarter. Alliancebernstein L.P. now owns 6,200,740 shares of the company’s stock valued at $20,959,000 after buying an additional 5,506,070 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its stake in shares of Gran Tierra Energy by 875.4% in the third quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 6,037,600 shares of the company’s stock valued at $18,380,000 after buying an additional 5,418,600 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Gran Tierra Energy by 16.9% in the second quarter. Franklin Resources Inc. now owns 18,258,335 shares of the company’s stock valued at $61,357,000 after buying an additional 2,643,723 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in shares of Gran Tierra Energy by 80.5% in the second quarter. Schroder Investment Management Group now owns 5,820,155 shares of the company’s stock valued at $25,260,000 after buying an additional 2,595,154 shares during the last quarter.

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.

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