The insider cluster is dominated by a large 10% owner sale at $10.60, likely profit-taking after the M&A announcement pushed the stock above the deal's implied NAV of $12.49. The smaller buy at $6.88 by another 10% owner suggests divergent views on the post-deal entity. Monitor for additional insider filings as the deal progresses; the $1.33B sale creates a cash-rich stub that could be a catalyst for a special dividend or buyback.
Price Chart
Executive Summary
Gran Tierra Energy insiders are trading in opposite directions following the company's Q2 earnings beat and the announcement of a $1.33B sale of its Colombia/Ecuador business. A 10% owner (LM Asset Management) bought $234K worth of shares at ~$6.88, while another 10% owner (Equinox Partners) sold $2.17M at ~$10.60, likely locking in gains after the stock surged on the M&A news. The cluster is mixed in direction but the selling is 9x larger in dollar value, though the sale is a liquidity event rather than a bearish signal given the deal premium.
Key Financial Metrics
Key Facts
- Gran Tierra Energy reported Q2 2026 net income of $25M ($0.70/share), a turnaround from a $13M loss in Q2 2025.
- Revenue rose 25% YoY to $187M, driven by higher oil prices and cost controls.
- The company agreed to sell its Colombia and Ecuador business to Maurel & Prom for $1.33B, leaving it debt-free with ~$250M cash.
- 10% owner LM Asset Management purchased 34,000 shares for ~$234K at $6.88 on 2026-08-04.
- 10% owner Equinox Partners sold 205,000 shares for ~$2.17M at $10.60 on 2026-08-05.
Financial Impact
Insider buying of $234K vs. insider selling of $2.17M; net selling of ~$1.94M, representing ~0.5% of market cap.
Risk Factors
- Insider selling by a major 10% owner could signal limited upside from current levels.
- The M&A deal may face regulatory or shareholder approval risks in Colombia.
- Production declined 12% YoY in Q2, indicating operational challenges in the remaining assets.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GTE-1786165559276 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 8-K | $10.52 $10.62 | ▲ +0.95% | ▲ +0.96% | $11.52 (+9.51%) |
Oct 7, 2026 19d ago | DEFA14A | $10.49 $10.58 | ▲ +0.86% | ▲ +0.26% | $11.52 (+9.82%) |
Oct 5, 2026 21d ago | Press Release | $10.46 $10.37 | ▼ −0.86% | ▼ −0.62% | $11.52 (+10.13%) |
Sep 23, 2026 4w ago | DEFA14A | $9.97 $10.18 | ▲ +2.11% | ▲ +2.19% | $11.52 (+15.55%) |
Sep 23, 2026 4w ago | Press Release | $9.97 $10.18 | ▲ +2.11% | ▲ +2.19% | $11.52 (+15.55%) |
Sep 11, 2026 6w ago | Press Release | $10.79 $10.57 | ▼ −2.04% | ▼ −1.59% | $11.52 (+6.77%) |
Aug 13, 2026 10w ago | Insider Cluster | $9.19 $9.38 | ▲ +2.07% | ▲ +2.54% | $11.52 (+25.35%) |
Aug 11, 2026 11w ago | Insider Cluster | $9.35 $9.50 | ▲ +1.60% | ▲ +0.91% | $11.52 (+23.21%) |
Aug 10, 2026 11w ago | Insider Cluster | $9.53 $9.35 | ▼ −1.89% | ▼ −2.14% | $11.52 (+20.88%) |
Aug 7, 2026 11w ago | Insider Cluster | $8.95 $9.53 | ▲ +6.48% | ▲ +6.80% | $11.52 (+28.72%) |
US Market Status
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