Mastech Digital (NYSE:MHH) Major Shareholder Steven Shaw Buys 3,000 Shares of Stock

Mastech Digital, Inc. (NYSE:MHH) major shareholder Steven Shaw bought 3,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were bought at an average cost of $6.84 per share, for a total transaction of $20,520.00. Following the transaction, the insider owned 49,000 shares in the company, valued at approximately $335,160. The trade was a 6.52% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Mastech Digital Stock Down 1.9%

Shares of MHH opened at $6.71 on Friday. The company has a market cap of $79.69 million, a PE ratio of 23.14, a P/E/G ratio of 0.79 and a beta of 0.82. The business has a fifty day moving average of $6.29 and a 200 day moving average of $6.86. Mastech Digital, Inc. has a 52-week low of $5.50 and a 52-week high of $9.48.

Institutional Investors Weigh In On Mastech Digital

Several institutional investors have recently made changes to their positions in MHH. NewEdge Advisors LLC purchased a new position in shares of Mastech Digital during the 1st quarter worth about $148,000. Cetera Investment Advisers raised its position in Mastech Digital by 18.8% in the 2nd quarter. Cetera Investment Advisers now owns 25,107 shares of the company’s stock worth $180,000 after purchasing an additional 3,975 shares during the period. Vanguard Group Inc. lifted its stake in Mastech Digital by 2.0% in the third quarter. Vanguard Group Inc. now owns 170,125 shares of the company’s stock worth $1,297,000 after purchasing an additional 3,357 shares during the last quarter. Advyzon Investment Management LLC bought a new stake in Mastech Digital in the third quarter worth about $168,000. Finally, Capital Management Corp VA boosted its position in shares of Mastech Digital by 7.1% during the fourth quarter. Capital Management Corp VA now owns 862,329 shares of the company’s stock valued at $6,019,000 after buying an additional 57,420 shares during the period. Institutional investors 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.