Valueworks LLC lowered its holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 10.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,823,185 shares of the energy company's stock after selling 313,186 shares during the period. Mammoth Energy Services makes up about 2.8% of Valueworks LLC's portfolio, making the stock its 18th largest holding. Valueworks LLC owned approximately 5.87% of Mammoth Energy Services worth $8,470,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of TUSK. Barclays PLC boosted its holdings in Mammoth Energy Services by 65.1% in the 3rd 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. Empowered Funds LLC lifted its holdings in shares of Mammoth Energy Services by 76.3% during the 4th quarter. Empowered Funds LLC now owns 146,574 shares of the energy company's stock worth $440,000 after acquiring an additional 63,417 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Mammoth Energy Services by 11.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 70,674 shares of the energy company's stock worth $212,000 after acquiring an additional 7,064 shares during the period. Royce & Associates LP lifted its holdings in shares of Mammoth Energy Services by 7.3% during the 4th quarter. Royce & Associates LP now owns 1,449,922 shares of the energy company's stock worth $4,350,000 after acquiring an additional 98,698 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Mammoth Energy Services by 465.2% during the 4th quarter. JPMorgan Chase & Co. now owns 63,079 shares of the energy company's stock worth $189,000 after acquiring an additional 51,919 shares during the period. Institutional investors own 79.67% of the company's stock.
Insider Buying and Selling at Mammoth Energy Services
In other Mammoth Energy Services news, Director Arthur L. Smith sold 50,000 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $2.51, for a total value of $125,500.00. Following the transaction, the director now directly owns 150,034 shares of the company's stock, valued at approximately $376,585.34. This trade represents a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.44% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Mammoth Energy Services from a "hold" rating to a "buy" rating in a report on Thursday, May 8th.
Get Our Latest Analysis on TUSK
Mammoth Energy Services Stock Down 5.1%
Shares of Mammoth Energy Services stock traded down $0.13 during trading hours on Friday, reaching $2.40. The company's stock had a trading volume of 274,634 shares, compared to its average volume of 139,833. Mammoth Energy Services, Inc. has a one year low of $1.68 and a one year high of $4.94. The company has a market capitalization of $115.50 million, a P/E ratio of -0.58 and a beta of 1.48. The stock's fifty day simple moving average is $2.36 and its two-hundred day simple moving average is $2.74. 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 - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The energy company reported ($0.01) earnings per share for the quarter. Mammoth Energy Services had a negative net margin of 105.49% and a negative return on equity of 53.85%. The business had revenue of $62.47 million during the quarter.
Mammoth Energy Services Company Profile
(
Free Report)
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.
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