Mammoth Energy Services, Inc. (NASDAQ:TUSK) Shares Sold by Penbrook Management LLC

Penbrook Management LLC decreased its holdings in shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 32.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,200 shares of the energy company’s stock after selling 10,500 shares during the period. Penbrook Management LLC’s holdings in Mammoth Energy Services were worth $67,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. SG Americas Securities LLC acquired a new position in Mammoth Energy Services during the third quarter worth $42,000. FMR LLC boosted its position in shares of Mammoth Energy Services by 32.7% during the 3rd quarter. FMR LLC now owns 10,967 shares of the energy company’s stock worth $45,000 after purchasing an additional 2,705 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Mammoth Energy Services during the 3rd quarter worth $53,000. Wellington Management Group LLP purchased a new position in shares of Mammoth Energy Services in the 3rd quarter valued at about $197,000. Finally, Barclays PLC lifted its stake in shares of Mammoth Energy Services by 65.1% in the third quarter. Barclays PLC now owns 57,081 shares of the energy company’s stock valued at $233,000 after purchasing an additional 22,503 shares during the period. 79.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Friday, December 27th.

Mammoth Energy Services Trading Up 1.3 %

TUSK opened at $3.08 on Thursday. Mammoth Energy Services, Inc. has a 1-year low of $2.50 and a 1-year high of $4.94. The stock’s 50 day simple moving average is $3.11 and its 200 day simple moving average is $3.63. 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 announced its quarterly earnings results on Friday, November 1st. The energy company reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the company posted ($0.02) EPS.

Insider Buying and Selling at Mammoth Energy Services

In other news, Director Corey J. Booker sold 15,000 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $3.47, for a total value of $52,050.00. Following the sale, the director now directly owns 125,488 shares in the company, valued at $435,443.36. This represents a 10.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 33,659 shares of company stock worth $115,657. 3.44% of the stock is owned by corporate insiders.

About Mammoth Energy Services

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.