4 insiders at MAMMOTH ENERGY SERVICES, INC. (TUSK) made significant purchases totaling approximately $41.80M.
• Charles E. Davidson (Chief Business Officer) — 4,019,574 shares at $2.60/share ($10.45M) • Capital Lp Wexford (Chief Business Officer) — 4,019,574 shares at $2.60/share ($10.45M) • Joseph Jacobs (Chief Business Officer) — 4,019,574 shares at $2.60/share ($10.45M) • Gp Llc Wexford (Chief Business Officer) — 4,019,574 shares at $2.60/share ($10.45M)
Cluster insider buying — when multiple insiders purchase shares around the same time — is widely considered one of the strongest bullish signals in insider-trading analysis. Notably, this includes purchases by senior leadership, suggesting confidence at the highest levels of the company.