Don't Ignore The Fact That This Insider Just Sold Some Shares In Gran Tierra Energy Inc. (NYSEMKT:GTE)

Investors may wish to note that an insider of Gran Tierra Energy Inc., Thomas Claugus, recently netted US$54k from selling stock, receiving an average price of US$0.60. However we note that the sale only shrunk their holding by 3.8%.

Check out our latest analysis for Gran Tierra Energy

The Last 12 Months Of Insider Transactions At Gran Tierra Energy

In the last twelve months, the biggest single purchase by an insider was when President Gary Guidry bought US$216k worth of shares at a price of US$0.25 per share. Even though the purchase was made at a significantly lower price than the recent price (US$0.65), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months insiders purchased 1.34m shares for US$335k. But insiders sold 1.02m shares worth US$321k. In total, Gran Tierra Energy insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Gran Tierra Energy is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Gran Tierra Energy Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 2.4% of Gran Tierra Energy shares, worth about US$5.8m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Gran Tierra Energy Insiders?

An insider sold Gran Tierra Energy shares recently, but they didn't buy any. In contrast, they appear keener if you look at the last twelve months. Still, insiders don't own a great deal of the stock. So we can't be sure that insiders are optimistic. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. You'd be interested to know, that we found 3 warning signs for Gran Tierra Energy and we suggest you have a look.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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