Mastech Digital (NYSE:MHH) Trading Down 7.6% - Should You Sell?

Key Points

• Shares fell 7.6%, trading down to $5.61 on Tuesday with just 5,599 shares changing hands (about 65% below average) and sitting below the 50‑day ($6.71) and 200‑day ($7.11) moving averages.
• Insider buying: major shareholder Steven A. Shaw purchased 4,480 shares at $6.96, raising his holdings to 1,344,658 shares, and insiders collectively own about 43% of the company.
• Company and valuation snapshot: Mastech Digital is a Pittsburgh‑based digital transformation and IT staffing firm with a market cap around $65.6M, a P/E of 19.35 and a P/E/G of 0.79, while several hedge funds and institutions have recently adjusted positions.

Mastech Digital, Inc. (NYSE:MHH - Get Free Report) shares traded down 7.6% during trading on Tuesday . The company traded as low as $5.61 and last traded at $5.61. 5,599 shares changed hands during trading, a decline of 65% from the average session volume of 16,033 shares. The stock had previously closed at $6.07.

Mastech Digital Trading Down 7.6%

The company's 50-day moving average price is $6.71 and its two-hundred day moving average price is $7.11. The company has a market cap of $65.62 million, a P/E ratio of 19.35, a P/E/G ratio of 0.79 and a beta of 0.85.

Insider Activity

In other Mastech Digital news, major shareholder Steven A. Shaw purchased 4,480 shares of the firm's 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 acquisition, the insider owned 1,344,658 shares of the company's stock, valued at approximately $9,358,819.68. This represents a 0.33% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 43.00% of the company's stock.

Hedge Funds Weigh In On Mastech Digital

Several hedge funds and other institutional investors have recently modified their holdings of MHH. &PARTNERS raised its holdings in shares of Mastech Digital by 15.8% during the fourth 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. Advyzon Investment Management LLC raised 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 during the period. Indivisible Partners purchased a new stake in shares of Mastech Digital in the 4th quarter valued at approximately $321,000. 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. Finally, 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 valued at $1,297,000 after acquiring an additional 3,357 shares during the last quarter. Institutional investors and hedge funds 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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