Mammoth Energy Services (NASDAQ:TUSK) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Posted by Geri Gentry on Jul 30th, 2026

Mammoth Energy Services, Inc. (NASDAQ:TUSK – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.08 and traded as low as $2.60. Mammoth Energy Services shares last traded at $2.60, with a volume of 197,672 shares.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TUSK. Wall Street Zen upgraded shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded shares of Mammoth Energy Services from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on TUSK

Mammoth Energy Services Price Performance

The stock has a market capitalization of $125.24 million, a price-to-earnings ratio of 12.38 and a beta of 1.11. The stock has a 50 day moving average price of $3.06 and a 200-day moving average price of $2.67.

Insider Transactions at Mammoth Energy Services

In other Mammoth Energy Services news, insider Wexford Capital Lp bought 4,019,574 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was acquired at an average price of $2.60 per share, with a total value of $10,450,892.40. Following the completion of the acquisition, the insider directly owned 10,620,789 shares of the company’s stock, valued at $27,614,051.40. This represents a 60.89% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have acquired 4,029,574 shares of company stock worth $10,483,352. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Mammoth Energy Services

Several hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE lifted its position in Mammoth Energy Services by 45.8% during the fourth quarter. Bank of America Corp DE now owns 22,882 shares of the energy company’s stock worth $69,000 after buying an additional 7,192 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Mammoth Energy Services by 8.9% during the first quarter. Empowered Funds LLC now owns 159,685 shares of the energy company’s stock worth $326,000 after buying an additional 13,111 shares during the period. Geode Capital Management LLC grew its stake in shares of Mammoth Energy Services by 6.5% in the second quarter. Geode Capital Management LLC now owns 580,659 shares of the energy company’s stock valued at $1,626,000 after buying an additional 35,495 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Mammoth Energy Services by 726.7% in the second quarter. JPMorgan Chase & Co. now owns 185,761 shares of the energy company’s stock valued at $520,000 after buying an additional 163,291 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Mammoth Energy Services during the second quarter worth about $103,000. 79.67% of the stock is owned by hedge funds and other institutional investors.

About Mammoth Energy Services

(Get Free Report)

Mammoth Energy Services, Inc, headquartered in Houston, Texas, is a diversified energy services company that primarily provides hydraulic fracturing and complementary well completion and production services to oil and natural gas exploration and production companies across North America. Its core offerings include fracturing, coiled tubing, cementing, wireline, nitrogen pumping, and pressure pumping equipment, supported by proprietary fluid blends and digital monitoring systems. In addition to conventional oilfield services, the company operates a dedicated solar division—Mammoth Solar—that delivers engineering, procurement and construction (EPC) services for utility-scale and commercial solar projects.

Mammoth’s fracturing operations are focused on major shale plays such as the Permian Basin, Eagle Ford, Bakken, Williston Basin, and Rockies regions.