Mastech Digital (NYSE:MHH) Major Shareholder Purchases $37,350.00 in Stock

Mastech Digital, Inc. (NYSE:MHH) major shareholder Steven Shaw purchased 5,000 shares of Mastech Digital stock in a transaction dated Friday, August 21st. The stock was acquired at an average price of $7.47 per share, with a total value of $37,350.00. Following the acquisition, the insider owned 55,000 shares in the company, valued at approximately $410,850. This represents a 10.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major 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 Performance

Shares of MHH opened at $7.49 on Thursday. The company has a 50 day moving average price of $7.71 and a 200-day moving average price of $6.93. Mastech Digital, Inc. has a fifty-two week low of $5.50 and a fifty-two week high of $8.37. The stock has a market capitalization of $89.98 million, a PE ratio of 25.83, a PEG ratio of 0.79 and a beta of 0.85.

Institutional Trading of Mastech Digital

Several hedge funds have recently modified their holdings of the company. Capital Management Corp VA grew its position in shares of Mastech Digital by 7.1% in the 4th quarter. Capital Management Corp VA now owns 862,329 shares of the company’s stock worth $6,019,000 after buying an additional 57,420 shares during the last quarter. Vanguard Group Inc. boosted 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 valued at $1,297,000 after acquiring an additional 3,357 shares in the last quarter. BlackRock Inc. purchased a new position in Mastech Digital in the second quarter worth $840,000. Indivisible Partners purchased a new position in Mastech Digital in the fourth quarter worth $321,000. Finally, Advyzon Investment Management LLC increased its position in shares of Mastech Digital by 90.4% during the fourth quarter. Advyzon Investment Management LLC now owns 42,037 shares of the company’s stock worth $293,000 after purchasing an additional 19,956 shares in the last quarter. 18.43% of the stock is owned by hedge funds and other institutional investors.

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.