LM Asset Management Inc

10% owner LM Asset buys 86,000 GTE shares across 2 transactions ($634.8K) as stock falls 19.0% in 30 days

LM Asset Management, a 10% owner of Gran Tierra Energy, purchased 86,000 shares ($634.8K total at blended average price of $7.38) on two dates in early June 2026 while the stock declined 19.0% over the prior 30 days and sits 23.9% below its 52-week high. The company is currently unprofitable with full-year net income of $-119,172,000.00 against quarterly revenue of $172,057,000.00, and annual revenue contracted 4.0%. At the same ticker, LM Asset's prior 5 buy transactions (May 5–26, 2026) all registered negative 90-day returns, with 0 of 5 achieving positive forward returns; this filing extends that streak with purchases occurring as GTE's fundamentals remain stressed. The timing of these purchases against the existing pattern of underwater prior trades and deteriorating revenue metrics presents a material inconsistency with value-accretive positioning.

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.

10% owner LM Asset Management buys 94,000 GTE shares across 3 days for $604.6K at $6.43 blended average

LM Asset Management filed 3 separate purchases totaling 94,000 shares for $604,558.00 between 2026-03-02 and 2026-03-04, bringing its holding to 4,025,200 shares. The blended average purchase price of $6.43 sits 6.7% below the current price of $6.89, and all three transactions occurred within a tight 2-day window. At GTE specifically, LM Asset Management has initiated 5 prior trades (all buys) dating back to 2026-01-06, showing a pattern of accumulation at this ticker over the past two months. The company trades near its 52-week high and has seen 30-day appreciation of +34.3%, yet carries material headwinds: it reported negative net income of $-19,950,000.00 on quarterly revenue of $149,254,000.00, with annual revenue declining 4.0% year-over-year. The rapid pace of accumulation and maintenance of holdings above 4.0M shares suggests sustained activity by the 10% owner during a period of stock appreciation and operational losses.

LM Asset Management (10% owner) purchases 62,000 shares at $5.33 avg ($330,512 total) over 6 days, raising stake to 207,000 shares (+42.8%)

LM Asset Management conducted 3 separate purchases totaling 62,000 shares for $330,512.00 between February 12–17, 2026, at prices ranging from $5.30 to $5.40, boosting its stake from 145,000 to 207,000 shares (+42.8%). The company's recent performance is mixed: revenue stands at $149,254,000.00 for the latest quarter with a net loss of $-19,950,000.00, and annual revenue declined 2.4% year-over-year. The current stock price of $5.44 is 13.0% below the 52-week high of $6.25, but the 30-day change is +10.6% and 90-day change is +22.2%. Notably, LM Asset's prior 4 purchases at GTE all showed strong 30-day positive returns (ranging from +27.0% to +42.3%), though none of those trades have yet reached measurable 90-day outcomes. This multi-day accumulation pattern in a loss-making company at near-52-week lows, combined with the insider's historic success timing entry points at this ticker, merits closer examination of whether operational improvements or asset sales are under way.

LM Asset (10% owner) bought 80,000 shares of GTE at $3.87 on 2026-01-07 (total $309.7K), bringing holdings to 3.93M shares.

LM Asset, a 10% shareholder of Gran Tierra Energy, purchased 80,000 shares at $3.87 on January 7, 2026, a price that lies near the 52-week low of $3.43 and substantially below the 52-week high of $7.99. The buy occurs amid weak fundamental conditions: the company reported quarterly revenue of $149.3M with a net loss of $-20.0M, declining annual revenue of -2.4%, and an elevated P/E of 43.90 relative to negative earnings. The stock has fallen -45.1% from its 52-week high and declined -6.2% over the prior 30 days. This purchase is the third consecutive buy by LM Asset at GTE within the past three weeks (buys on 2026-01-06, 2026-01-05, and 2026-12-19), representing a pattern of accumulation at depressed prices. The insider's cross-ticker track record shows 3 prior buys across other stocks, though outcomes at this specific ticker remain unmeasurable due to recency.

LM Asset (10% owner) bought 180,000 GTE shares in 2 transactions for $724,346.00 during -17.6% 30-day decline

LM Asset, holding 3.85M shares post-transaction, executed two separate purchases totaling 180,000 shares for $724,346.00 on consecutive days at blended average price $4.02, while the stock trades at $3.88 and sits -51.4% from its 52-week high. The company reports quarterly revenue of $149.3M against net income of -$20.0M, with annual revenue declining -2.4%, yet the 10% owner continues to accumulate despite recent weakness. Over the trailing 30 days the stock has fallen -17.6%, suggesting this purchase occurred into a period of deteriorating momentum, though this insider's prior 2 same-ticker trades at GTE do not yet have measurable outcomes to establish pattern.

10% owner LM Asset (IM) Inc. purchases 140,000 shares of GTE at $3.87; stock down -49.8% from 52-week high of $7.99

LM Asset (IM) Inc., a 10% shareholder, acquired 140,000 shares at $3.87 on 2025-12-19, increasing its stake from 3,531,200 shares to 3.67M shares. The purchase occurred near a significant trough: GTE is trading -49.8% below its 52-week high and -8.4% down over 30 days, while the company reports a net loss of $-20.0M against quarterly revenue of $149.3M and a trailing P/E of 40.10. The timing of this insider purchase amid material underperformance and negative earnings warrants investor attention to whether the 10% owner possesses information about operational or strategic improvement, or is simply maintaining proportional exposure.