Sunil Wadhwani the director of Mastech Digital Inc (NYSEMKT:MHH), Made a Purchase of 428,572 Shares

July 17, 2017 - By Migdalia James

 Sunil Wadhwani the director of Mastech Digital Inc (NYSEMKT:MHH), Made a Purchase of 428,572 Shares

Sunil Wadhwani Insider Buy

The director of Mastech Digital Inc, Sunil Wadhwani is in the stock market news today. We discovered in a form filled by Sunil Wadhwani and submitted to the SEC on July 17, 2017, he acquired 428,572 shares from the Pennsylvania-based company having a market value near $3.00 million US Dollars . The purchased shares average price was $7.0. The possibility that this investment remains a secret are very low as a result of the substantial amount of cash involved. Right now, Sunil Wadhwani owns 1.70 million shares which are around 34.93 % of the Company’s total market cap.

Investors sentiment decreased to 0.2 in 2016 Q4. Its down 0.55, from 0.75 in 2016Q3. It dived, as 2 investors sold Mastech Digital Inc shares while 3 reduced holdings. 0 funds opened positions while 1 raised stakes. 305,075 shares or 0.48% less from 306,556 shares in 2016Q3 were reported.

James invested in 0% or 5,906 shares. Blackrock Institutional Company Na holds 96,439 shares. 369 are owned by Manufacturers Life The. Price T Rowe Assoc Md invested 0% in Mastech Digital Inc (NYSEMKT:MHH). Moreover, Creative Planning has 0% invested in Mastech Digital Inc (NYSEMKT:MHH) for 73 shares. Blackrock Fund Advsr stated it has 0% in Mastech Digital Inc (NYSEMKT:MHH). Riggs Asset Managment reported 107 shares or 0% of all its holdings. Barclays Public holds 68 shares. 1,140 were reported by Smithfield Co. Dimensional Fund Advisors Lp has 0% invested in Mastech Digital Inc (NYSEMKT:MHH) for 102,394 shares. Vanguard Group Inc holds 48,433 shares or 0% of its portfolio. Renaissance Technology Ltd holds 0% or 25,100 shares. Blackrock Advsr Ltd owns 1,020 shares for 0% of their portfolio.

About 27,561 shares traded or 110.94% up from the average. Mastech Digital Inc (NYSEMKT:MHH) has declined 10.69% since July 18, 2016 and is downtrending. It has underperformed by 27.39% the S&P500.

Mastech Digital, Inc., formerly Mastech Holdings, Inc., is an information technology staffing and digital transformation services company. The company has market cap of $40.97 million. The Firm offers Social, Mobility, Analytics and Cloud (SMAC), Automation and Internet of Things (IoT) technologies. It has a 13.83 P/E ratio. It is engaged in providing IT associates in digital and mainstream technologies, digital transformation services around Salesforce.com and SAP HANA, as well as digital learning services.

More notable recent Mastech Digital Inc (NYSEMKT:MHH) news were published by: Marketwatch.com which released: “7.70” on July 16, 2010, also Prnewswire.com with their article: “Mastech Digital to Acquire InfoTrellis” published on July 07, 2017, Prnewswire.com published: “Mastech Holdings, Inc. Changes Name to Mastech Digital, Inc.” on September 12, 2016. More interesting news about Mastech Digital Inc (NYSEMKT:MHH) were released by: Quotes.Wsj.com and their article: “Mastech Digital Inc.” published on February 14, 2011 as well as Prnewswire.com‘s news article titled: “Mastech Digital, Inc. Reports Fourth Quarter and Full Year 2016 Results – 2016 ..” with publication date: February 08, 2017.

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