12,964 Shares in Mammoth Energy Services, Inc. (NASDAQ:TUSK) Purchased by XTX Topco Ltd

XTX Topco Ltd bought a new position in Mammoth Energy Services, Inc. (NASDAQ:TUSK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,964 shares of the energy company’s stock, valued at approximately $53,000.

Several other institutional investors also recently made changes to their positions in the stock. Royce & Associates LP boosted its position in Mammoth Energy Services by 15.2% during the 3rd quarter. Royce & Associates LP now owns 1,351,224 shares of the energy company’s stock valued at $5,527,000 after purchasing an additional 178,240 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Mammoth Energy Services by 14.0% during the second quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company’s stock worth $2,645,000 after acquiring an additional 99,093 shares during the last quarter. State Street Corp increased its holdings in shares of Mammoth Energy Services by 1.4% in the 3rd quarter. State Street Corp now owns 403,688 shares of the energy company’s stock worth $1,651,000 after acquiring an additional 5,400 shares during the period. Bank of New York Mellon Corp lifted 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 purchasing an additional 10,796 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in Mammoth Energy Services by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 83,157 shares of the energy company’s stock valued at $340,000 after purchasing an additional 4,154 shares during the period. 79.67% of the stock is owned by institutional investors.

Mammoth Energy Services Price Performance

Shares of TUSK opened at $2.84 on Monday. Mammoth Energy Services, Inc. has a one year low of $2.50 and a one year high of $4.94. The stock’s fifty day moving average is $3.63 and its 200-day moving average is $3.67. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. The firm has a market capitalization of $136.68 million, a price-to-earnings ratio of -0.69 and a beta of 1.62.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings results on Friday, November 1st. The energy company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.49). The company had revenue of $40.02 million for the quarter. Mammoth Energy Services had a negative return on equity of 53.85% and a negative net margin of 105.49%. During the same quarter last year, the business earned ($0.02) EPS.

Insiders Place Their Bets

In other news, Director Corey J. Booker sold 15,000 shares of the business’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 owns 125,488 shares of the company’s stock, valued at approximately $435,443.36. The trade was a 10.68 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 33,659 shares of company stock worth $115,657 over the last ninety days. Company insiders own 3.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Mammoth Energy Services from a “hold” rating to a “sell” rating in a report on Thursday.

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.