Mastech Digital (NYSE:MHH) Major Shareholder Acquires $12,380.00 in Stock

Mastech Digital, Inc. (NYSE:MHH) major shareholder Steven Shaw acquired 2,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was acquired at an average price of $6.19 per share, for a total transaction of $12,380.00. Following the purchase, the insider directly owned 46,000 shares of the company’s stock, valued at approximately $284,740. This trade represents a 4.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Mastech Digital Stock Up 1.5%

Shares of NYSE:MHH traded up $0.10 during midday trading on Monday, reaching $6.41. The company’s stock had a trading volume of 935 shares, compared to its average volume of 14,981. The firm has a market capitalization of $75.96 million, a PE ratio of 22.09, a P/E/G ratio of 0.79 and a beta of 0.82. Mastech Digital, Inc. has a twelve month low of $5.50 and a twelve month high of $9.48. The stock has a fifty day moving average of $6.32 and a 200 day moving average of $6.88.

Institutional Trading of Mastech Digital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. &PARTNERS grew its position in Mastech Digital by 15.8% during the fourth quarter. &PARTNERS now owns 12,510 shares of the company’s stock valued at $87,000 after buying an additional 1,707 shares during the period. Vanguard Group Inc. grew its position in Mastech Digital by 2.0% during the third quarter. Vanguard Group Inc. now owns 170,125 shares of the company’s stock valued at $1,297,000 after buying an additional 3,357 shares during the period. Cetera Investment Advisers grew its position in Mastech Digital by 18.8% during the second quarter. Cetera Investment Advisers now owns 25,107 shares of the company’s stock valued at $180,000 after buying an additional 3,975 shares during the period. NewEdge Advisors LLC acquired a new stake in Mastech Digital during the first quarter valued at $148,000. Finally, Advyzon Investment Management LLC grew its position in Mastech Digital by 90.4% during the fourth quarter. Advyzon Investment Management LLC now owns 42,037 shares of the company’s stock valued at $293,000 after buying an additional 19,956 shares during the period. Institutional investors and hedge funds own 18.43% of the company’s stock.

About Mastech Digital

Mastech Digital (NYSE: MHH) is a technology services and digital transformation company that provides end-to-end solutions to help organizations modernize their operations. Headquartered in Pittsburgh, Pennsylvania, the company offers a combination of IT staffing and project-based delivery, enabling clients to accelerate cloud adoption, data analytics initiatives, and digital product development. Its blended service model supports enterprises looking to scale technology teams and implement complex digital strategies.

The company’s service portfolio includes IT staffing and recruitment, digital transformation consulting, and specialized digital solutions such as data management, analytics, artificial intelligence, and robotic process automation.