Key Points
- Steven Shaw purchased 3,000 shares of Mastech Digital on April 15 at an average price of $6.84 (total $20,520), raising his holding to 49,000 shares—a 6.52% increase valued at about $335,160.
- Mastech Digital shares opened at $6.71 and were trading down about 1.9%; the company has a market cap of roughly $79.7M, a PE of 23.14, a 12‑month range of $5.50–$9.48, and about 18.43% of the stock is held by institutional/hedge fund investors who have recently adjusted positions.
Mastech Digital, Inc. (NYSE:MHH - Get Free Report) major shareholder Steven Shaw bought 3,000 shares of the stock in a transaction dated Wednesday, April 15th. The shares were bought at an average cost of $6.84 per share, with a total value of $20,520.00. Following the completion of the purchase, the insider directly owned 49,000 shares of the company's stock, valued at approximately $335,160. This trade represents a 6.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Mastech Digital Trading Down 1.9%
NYSE MHH opened at $6.71 on Friday. The stock has a market cap of $79.69 million, a PE ratio of 23.14, a PEG ratio of 0.79 and a beta of 0.82. Mastech Digital, Inc. has a 12 month low of $5.50 and a 12 month high of $9.48. The company's 50-day moving average price is $6.29 and its 200-day moving average price is $6.86.
Hedge Funds Weigh In On Mastech Digital
A number of institutional investors have recently modified their holdings of MHH. NewEdge Advisors LLC bought a new stake in shares of Mastech Digital during the first quarter valued at approximately $148,000. Cetera Investment Advisers boosted its holdings in shares of Mastech Digital by 18.8% in the second quarter. Cetera Investment Advisers now owns 25,107 shares of the company's stock valued at $180,000 after purchasing an additional 3,975 shares during the period. Vanguard Group Inc. grew 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 in the last quarter. Advyzon Investment Management LLC bought a new position in Mastech Digital in the third quarter worth approximately $168,000. Finally, Capital Management Corp VA increased its holdings in Mastech Digital by 7.1% during the 4th quarter. Capital Management Corp VA now owns 862,329 shares of the company's stock worth $6,019,000 after purchasing an additional 57,420 shares during the period. 18.43% of the stock is owned by hedge funds and other institutional investors.
About Mastech Digital
(
Get Free Report)
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.
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