Corey J. Booker Sells 15,000 Shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK) Stock

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker sold 15,000 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $3.47, for a total transaction of $52,050.00. Following the completion of the sale, the director now directly owns 125,488 shares in the company, valued at approximately $435,443.36. The trade was a 10.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Mammoth Energy Services Stock Down 2.2 %

Shares of NASDAQ TUSK opened at $3.58 on Thursday. The firm’s 50-day simple moving average is $4.03 and its 200 day simple moving average is $3.73. The company has a market cap of $172.31 million, a price-to-earnings ratio of -0.89 and a beta of 1.69. The company has a quick ratio of 2.13, a current ratio of 2.25 and a debt-to-equity ratio of 0.18. Mammoth Energy Services, Inc. has a 12-month low of $2.50 and a 12-month high of $4.95.

Mammoth Energy Services (NASDAQ:TUSK) last issued its quarterly earnings results on Friday, November 1st. The energy company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.49). The company had revenue of $40.02 million for the quarter. Mammoth Energy Services had a negative return on equity of 53.85% and a negative net margin of 105.49%. During the same quarter last year, the business posted ($0.02) EPS.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Monday, November 4th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new position in shares of Mammoth Energy Services in the 3rd quarter valued at about $42,000. FMR LLC boosted its stake in shares of Mammoth Energy Services by 32.7% in the 3rd quarter. FMR LLC now owns 10,967 shares of the energy company’s stock valued at $45,000 after purchasing an additional 2,705 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Mammoth Energy Services by 55.8% in the 1st quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company’s stock valued at $41,000 after purchasing an additional 4,035 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Mammoth Energy Services in the 3rd quarter valued at about $53,000. Finally, Wellington Management Group LLP bought a new position in shares of Mammoth Energy Services in the 3rd quarter valued at about $197,000. 79.67% of the stock is currently owned by institutional investors and hedge funds.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.