Mammoth Energy Services, Inc. (NASDAQ:TUSK) Shares Purchased by Barclays PLC

Barclays PLC grew its position in shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 65.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,081 shares of the energy company’s stock after purchasing an additional 22,503 shares during the period. Barclays PLC owned 0.12% of Mammoth Energy Services worth $233,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of TUSK. SG Americas Securities LLC acquired a new position in Mammoth Energy Services in the 3rd quarter valued at $42,000. FMR LLC increased its stake in Mammoth Energy Services by 32.7% in the third 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. XTX Topco Ltd acquired a new position in Mammoth Energy Services in the third quarter valued at $53,000. Wellington Management Group LLP purchased a new position in Mammoth Energy Services during the third quarter worth about $197,000. Finally, Empowered Funds LLC grew its holdings in Mammoth Energy Services by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 83,157 shares of the energy company’s stock valued at $340,000 after buying an additional 4,154 shares during the period. 79.67% of the stock is owned by institutional investors and hedge funds.

Mammoth Energy Services Trading Down 1.0 %

NASDAQ TUSK opened at $3.09 on Tuesday. 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, Inc. has a one year low of $2.50 and a one year high of $4.94. The company’s 50 day moving average price is $3.29 and its 200 day moving average price is $3.63. The firm has a market capitalization of $148.71 million, a price-to-earnings ratio of -0.75 and a beta of 1.61.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings data 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 company had revenue of $40.02 million during the quarter. During the same quarter in the previous year, the business earned ($0.02) earnings per share.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other Mammoth Energy Services news, Director Corey J. Booker sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $3.43, for a total transaction of $34,300.00. Following the sale, the director now owns 140,488 shares in the company, valued at $481,873.84. This represents a 6.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders sold 33,659 shares of company stock worth $115,657. 3.44% of the stock is currently owned by company insiders.

Mammoth Energy Services 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.