Weekly Insider Trading Insights: IBM and MHH on February 2nd

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On Friday, February 2, 2023, David N. Farr, an insider at International Business Machines (IBM), purchased 1,000 shares at $304 each, totaling $304,000. This marks his first purchase in the past year, and as of today, shares are trading at $316.42, resulting in a 4.1% gain for Farr. IBM’s stock encountered a 3.1% increase today.

Similarly, Steven A. Shaw bought 4,880 shares of Mastech Digital for $6.97 each, amounting to $34,013. Shaw’s recent purchase adds to his five previous acquisitions of Mastech, spending a total of $160,567, averaging $7.73 per share over the last year. Mastech Digital is currently trading up 0.9% today.

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