Mastech Digital (NYSE:MHH) Shares Down 1.8% - Here's Why

Key Points

• Shares fell 1.8% on Wednesday, trading as low as $6.00 and last at $6.12 on volume of 10,269 shares (about 33% below average), with the stock near its 50‑day ($6.35) and below its 200‑day ($6.91) moving averages.
• Insider buy: Major shareholder Steven A. Shaw purchased 4,480 shares at about $6.96, raising his holdings to 1,344,658 shares, and corporate insiders now own roughly 43% of the company.
• Mastech Digital has a market capitalization of about $72.6 million with a P/E of 21.1 and a PEG of 0.79, indicating a valuation that reflects expected growth potential.

Mastech Digital, Inc. (NYSE:MHH - Get Free Report) traded down 1.8% during trading on Wednesday . The stock traded as low as $6.00 and last traded at $6.12. 10,269 shares traded hands during trading, a decline of 33% from the average session volume of 15,360 shares. The stock had previously closed at $6.23.

Mastech Digital Price Performance

The firm has a market capitalization of $72.57 million, a PE ratio of 21.10, a P/E/G ratio of 0.79 and a beta of 0.82. The firm has a fifty day moving average price of $6.35 and a 200 day moving average price of $6.91.

Insider Activity at Mastech Digital

In related news, major shareholder Steven A. Shaw bought 4,480 shares of Mastech Digital stock in a transaction dated Thursday, January 29th. The stock was acquired at an average cost of $6.96 per share, with a total value of $31,180.80. Following the completion of the acquisition, the insider directly owned 1,344,658 shares in the company, valued at approximately $9,358,819.68. This trade represents a 0.33% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 43.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Mastech Digital

Several hedge funds have recently modified their holdings of the stock. Capital Management Corp VA lifted its stake in 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 acquiring an additional 57,420 shares in the last quarter. Vanguard Group Inc. lifted its stake in Mastech Digital by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 170,125 shares of the company's stock worth $1,297,000 after acquiring an additional 3,357 shares in the last quarter. Indivisible Partners purchased a new stake in Mastech Digital in the 4th quarter worth about $321,000. Advyzon Investment Management LLC lifted its stake in Mastech Digital by 90.4% in the 4th quarter. Advyzon Investment Management LLC now owns 42,037 shares of the company's stock worth $293,000 after acquiring an additional 19,956 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake 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 acquiring an additional 3,975 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.

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