Avalon Investment & Advisory acquired a new stake in shares of Granite Ridge Resources, Inc. ( NYSE:GRNT – Get Rating ) in the fourth quarter, Holdings Channel reports. The fund acquired 15,572 shares of the company's stock, valued at approximately $141,000. Separately, Hamilton Lane Advisors LLC acquired a new position in Granite Ridge Resources in the fourth quarter worth approximately $15,509,000. In related news, CEO Luke C. Brandenberg purchased 10,000 shares of the stock in a transaction on Tuesday, May 23rd.

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