Mammoth Energy Services, Inc. (NASDAQ:TUSK) Shares Sold by NBC Securities Inc.

NBC Securities Inc. cut its holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 6.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,140 shares of the energy company’s stock after selling 3,600 shares during the quarter. NBC Securities Inc. owned approximately 0.12% of Mammoth Energy Services worth $211,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. SG Americas Securities LLC grew its position in shares of Mammoth Energy Services by 26.5% in the fourth quarter. SG Americas Securities LLC now owns 12,699 shares of the energy company’s stock valued at $57,000 after purchasing an additional 2,663 shares during the last quarter. Archer Investment Corp lifted its stake in shares of Mammoth Energy Services by 25.1% during the fourth quarter. Archer Investment Corp now owns 21,400 shares of the energy company’s stock valued at $95,000 after buying an additional 4,300 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of Mammoth Energy Services by 56.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 57,096 shares of the energy company’s stock valued at $265,000 after buying an additional 20,505 shares during the period. WINTON GROUP Ltd lifted its stake in shares of Mammoth Energy Services by 250.0% during the third quarter. WINTON GROUP Ltd now owns 35,816 shares of the energy company’s stock valued at $166,000 after buying an additional 25,584 shares during the period. Finally, Adage Capital Partners GP L.L.C. lifted its stake in shares of Mammoth Energy Services by 12.1% during the third quarter. Adage Capital Partners GP L.L.C. now owns 3,700,000 shares of the energy company’s stock valued at $17,168,000 after buying an additional 400,000 shares during the period. 79.67% of the stock is currently owned by institutional investors and hedge funds.

Mammoth Energy Services Stock Performance

Shares of TUSK opened at $3.27 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.52 and a quick ratio of 3.41. The company’s 50 day simple moving average is $3.42 and its 200 day simple moving average is $3.74. Mammoth Energy Services, Inc. has a 1 year low of $2.94 and a 1 year high of $5.75.

Mammoth Energy Services (NASDAQ:TUSK) last announced its quarterly earnings data on Thursday, May 2nd. The energy company reported ($0.25) earnings per share (EPS) for the quarter. The firm had revenue of $43.19 million for the quarter. Mammoth Energy Services had a negative net margin of 9.87% and a negative return on equity of 4.68%.

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.