Insider Sell Alert: Ronald Royal Sells 19,967 Shares of Gran Tierra Energy Inc (GTE)

Author's Avatar
Dec 05, 2024
Article's Main Image

On December 2, 2024, Ronald Royal, a Director at Gran Tierra Energy Inc (GTE, Financial), sold 19,967 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 0 shares of the company. Gran Tierra Energy Inc (GTE) is an international oil and gas exploration and production company, primarily focused on Colombia. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. 1864490166895407104.png The insider transaction history for Gran Tierra Energy Inc indicates that there have been 2 insider buys and 1 insider sell over the past year. This recent sale by Ronald Royal marks the only insider sell within this timeframe. 1864490246981447680.png As of the date of the transaction, shares of Gran Tierra Energy Inc were trading at $6.88 each, resulting in a market cap of $240.272 million. The company's price-earnings ratio stands at 4.61, which is lower than the industry median of 11.7 and also below the company's historical median price-earnings ratio. With a trading price of $6.88 and a GF Value of $9.48, Gran Tierra Energy Inc has a price-to-GF-Value ratio of 0.73. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on three factors: - Historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.