Insider Sell: Corey Booker Sells Shares of Mammoth Energy Services Inc (TUSK)

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Nov 22, 2024
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On November 21, 2024, Corey Booker, a Director at Cobra Acquisitions LLC, a subsidiary of Mammoth Energy Services Inc (TUSK, Financial), sold 11,709 shares of the company. Following this transaction, the insider now owns 150,488 shares of the company. The transaction details can be found in the SEC Filing. Mammoth Energy Services Inc is an integrated, growth-oriented company serving both the oil and gas and electric utility industries in North America. The company provides a diversified set of services, including infrastructure services, well completion services, and natural sand proppant services. Over the past year, Corey Booker has sold a total of 26,099 shares and has not purchased any shares. The insider transaction history for Mammoth Energy Services Inc indicates there have been 2 insider buys and 5 insider sells over the past year. On the day of the recent sale, shares of Mammoth Energy Services Inc were trading at $3.23, giving the stock a market cap of $167.966 million. The stock's GF Value is estimated at $2.22, resulting in a price-to-GF-Value ratio of 1.45, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

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.

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