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

Key Points

• Steven Shaw, a major shareholder, purchased 3,000 shares of Mastech Digital on April 15 at an average price of $6.84 (~$20,520), raising his direct stake to 49,000 shares — a 6.52% increase.
• Mastech Digital shares were trading at $6.71 (down $0.13) with a market cap of about $79.7 million, a P/E of 23.14, and a 12‑month range of $5.50–$9.48; the 50‑ and 200‑day moving averages are $6.29 and $6.86, respectively.
• Institutional investors have recently adjusted holdings — Vanguard owns 170,125 shares and other firms (e.g., Advyzon) materially increased positions — with institutions owning roughly 18.43% of the stock.

Mastech Digital, Inc. (NYSE:MHH - Get Free Report) major shareholder Steven Shaw bought 3,000 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were purchased at an average price of $6.84 per share, with a total value of $20,520.00. Following the acquisition, the insider directly owned 49,000 shares in the company, 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 accessible through this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

Mastech Digital Stock Performance

Shares of NYSE:MHH traded down $0.13 during trading on Thursday, reaching $6.71. 6,693 shares of the stock were exchanged, compared to its average volume of 15,012. Mastech Digital, Inc. has a 12-month low of $5.50 and a 12-month high of $9.48. The firm has a market cap of $79.69 million, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 0.79 and a beta of 0.82. The firm's 50-day moving average price is $6.29 and its 200 day moving average price is $6.86.

Institutional Trading of Mastech Digital

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Mastech Digital by 2.0% during the 3rd 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 last quarter. Advyzon Investment Management LLC boosted its stake in shares of Mastech Digital by 90.4% during the 4th 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 last quarter. Cetera Investment Advisers boosted its stake in shares of Mastech Digital by 18.8% during the 2nd 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 last quarter. NewEdge Advisors LLC purchased a new position in shares of Mastech Digital during the 1st quarter valued at approximately $148,000. Finally, &PARTNERS boosted its stake in shares of Mastech Digital by 15.8% during the 4th 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 last quarter. Hedge funds and other institutional investors own 18.43% of the company's stock.

Mastech Digital Company Profile

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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