Renaissance Technologies LLC Sells 3,600 Shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK)

Renaissance Technologies LLC lowered its holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 2.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 130,672 shares of the energy company’s stock after selling 3,600 shares during the quarter. Renaissance Technologies LLC’s holdings in Mammoth Energy Services were worth $429,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Empowered Funds LLC raised its stake in shares of Mammoth Energy Services by 8.0% in the first quarter. Empowered Funds LLC now owns 73,423 shares of the energy company’s stock worth $267,000 after purchasing an additional 5,425 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Mammoth Energy Services by 55.8% during the first quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company’s stock valued at $41,000 after buying an additional 4,035 shares during the last quarter. Vanguard Group Inc. grew its holdings in Mammoth Energy Services by 2.5% during the first quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock worth $2,635,000 after buying an additional 17,369 shares in the last quarter. Bank of New York Mellon Corp raised its position in Mammoth Energy Services by 6.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 166,591 shares of the energy company’s stock valued at $546,000 after buying an additional 10,796 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Mammoth Energy Services by 14.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company’s stock valued at $2,645,000 after acquiring an additional 99,093 shares in the last quarter. Institutional investors own 79.67% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Mammoth Energy Services from a “hold” rating to a “sell” rating in a research note on Thursday, September 5th.

Mammoth Energy Services Trading Down 2.1 %

NASDAQ:TUSK opened at $4.66 on Friday. Mammoth Energy Services, Inc. has a 52 week low of $2.50 and a 52 week high of $4.95. The firm has a 50-day moving average price of $3.89 and a two-hundred day moving average price of $3.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.45 and a current ratio of 2.57. The firm has a market cap of $224.27 million, a price-to-earnings ratio of -9.71 and a beta of 1.68.

Mammoth Energy Services (NASDAQ:TUSK) last issued its quarterly earnings results on Friday, August 9th. The energy company reported ($3.25) EPS for the quarter. Mammoth Energy Services had a negative net margin of 82.30% and a negative return on equity of 41.54%. The business had revenue of $51.53 million for the quarter.

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.