Director Corey Booker executed a sale of 3,683 shares of Mammoth Energy Services Inc (TUSK, Financial) on November 11, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now directly owns 172,904 shares in the company.
Mammoth Energy Services Inc (TUSK, Financial) is an integrated, growth-oriented company serving both the electric utility and oil and gas industries. The company provides a broad range of services, including infrastructure construction, well completion services, natural sand proppant, and logistics and engineering services, which are essential in maintaining and enhancing the infrastructure within both sectors.
Over the past year, Corey Booker has sold a total of 3,683 shares and has not made any purchases of the company's stock. The insider transaction history for Mammoth Energy Services Inc shows a total of 2 insider buys and 3 insider sells over the past year.
On the date of the latest transaction, shares of Mammoth Energy Services Inc were trading at $3.62, giving the company a market cap of $167.002 million. According to the GF Value, which is an intrinsic value estimate used to gauge the fair value of a stock, Mammoth Energy Services Inc is currently significantly overvalued. The GF Value of $2.22 suggests a price-to-GF-Value ratio of 1.63.
The GF Value is determined by considering historical valuation multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider could be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
