An Insider At Mammoth Energy Services Lowered Their Holding Recently

Looking at Mammoth Energy Services, Inc.'s (NASDAQ:TUSK ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Mammoth Energy Services

The Last 12 Months Of Insider Transactions At Mammoth Energy Services

Over the last year, we can see that the biggest insider sale was by the CEO & Director, Arty Straehla, for US$528k worth of shares, at about US$4.44 per share. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of US$4.49. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 10.0% of Arty Straehla's holding. Arty Straehla was the only individual insider to sell over the last year.

Arty Straehla ditched 190.00k shares over the year. The average price per share was US$4.39. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Mammoth Energy Services

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 4.9% of Mammoth Energy Services shares, worth about US$9.7m, according to our data. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Mammoth Energy Services Tell Us?

It doesn't really mean much that no insider has traded Mammoth Energy Services shares in the last quarter. We don't take much encouragement from the transactions by Mammoth Energy Services insiders. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.