GTE GRAN TIERRA ENERGY INC. Insider Trading

10% owner LM Asset Management buys 75,000 shares at blended $8.32; stock down -16.1% from 52-week high $9.74

LM Asset Management, a 10% holder, executed 2 separate purchases totaling 75,000 shares for $623,716.30 at prices ranging from $8.48 (May 22) to $8.18 (May 26), lifting holdings to 4,227,200 shares. The current price of $8.17 sits -16.1% from the 52-week high of $9.74 and down -5.4% over the prior 30 days, though the stock is up +38.7% over 90 days. At the same ticker, the insider's prior 5 trades show mixed results: one buy on 2026-03-04 returned +33.2% over 90 days, but three other recent buys (2026-05-11, 2026-05-05, 2026-05-01) posted negative 90-day returns of -4.2%, -8.6%, and -6.5% respectively. The company reported net income of $-119,172,000.00 in its most recent full fiscal year and revenue of $172,057,000.00 in the latest quarter, with annual revenue growth of -4.0% year-over-year.

LM Asset Management, a 10% owner, acquired 30K shares in two open-market purchases as stock rallies off lows.

LM Asset Management, a significant institutional holder with a 10% stake in Gran Tierra Energy, made two open-market purchases totaling 30,000 shares over a four-day window. This represents the fund's eleventh and twelfth open-market purchases in the past three years, continuing an unbroken pattern of accumulation with no sales. The timing is noteworthy: the stock is currently trading well below its 52-week high but has surged meaningfully over recent months, suggesting the fund is adding to its position even as the company remains unprofitable and burdened by ongoing losses. Most striking is the fund's track record at this specific ticker—all five of its prior purchases in Gran Tierra stock have been followed by substantial gains over both the near and intermediate term, demonstrating consistent ability to identify opportune entry points in this volatile holding.

10% owner LM Asset Management Inc. acquires 97,000 GTE shares in two May purchases as stock rebounds from severe weakness

LM Asset Management Inc., a 10% beneficial owner of Gran Tierra Energy, made consecutive open-market purchases totaling nearly 97,000 shares in early May as the stock recovered from earlier lows. The institutional holder's timing aligns with a significant rally—the stock is up sharply over the past three months from deeply depressed levels, though it remains below its 52-week high. Notably, this is the institution's sixth open-market purchase of GTE in the 36-month window, and every prior buy of this stock saw the shares rise meaningfully within both 30 and 90 days afterward, establishing a consistent pattern of well-timed accumulation at this specific holding. However, the company's financial fundamentals remain challenged: the business posted a net loss in its most recent quarter, reversed for the full year, and revenue is declining year-over-year. The institutional buyer is adding to exposure in a financially distressed energy company at a moment when the stock is recovering from lows—a pattern that has worked previously but one where the underlying business weakness persists.