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

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker sold 15,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $3.47, for a total transaction of $52,050.00. Following the transaction, the director now owns 125,488 shares in the company, valued at approximately $435,443.36. The trade was a 10.68 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mammoth Energy Services Trading Down 2.2 %

Shares of NASDAQ TUSK opened at $3.58 on Friday. The stock’s fifty day moving average is $4.02 and its 200 day moving average is $3.73. Mammoth Energy Services, Inc. has a 52 week low of $2.50 and a 52 week high of $4.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royce & Associates LP boosted its holdings in shares of Mammoth Energy Services by 15.2% in the 3rd quarter. Royce & Associates LP now owns 1,351,224 shares of the energy company’s stock valued at $5,527,000 after purchasing an additional 178,240 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Mammoth Energy Services by 14.0% in the second quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company’s stock valued at $2,645,000 after buying an additional 99,093 shares in the last quarter. Vanguard Group Inc. grew its position in Mammoth Energy Services by 2.5% in the first quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock valued at $2,635,000 after acquiring an additional 17,369 shares during the last quarter. Geode Capital Management LLC raised its stake in Mammoth Energy Services by 1.9% during the third quarter. Geode Capital Management LLC now owns 528,850 shares of the energy company’s stock worth $2,163,000 after acquiring an additional 9,852 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Mammoth Energy Services by 1.4% in the third quarter. State Street Corp now owns 403,688 shares of the energy company’s stock worth $1,651,000 after acquiring an additional 5,400 shares during the last quarter. 79.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.