Mastech Digital, Inc. (MHH)

Mastech Digital's stock experienced a significant decline of 53.76% from December 30, 2024, to December 29, 2025. In August 2025, Mastech Digital announced its second-quarter financial results, reporting a 2% sequential increase in total consolidated revenues and increased gross margins. Jack Cronin stepped down as CFO, and Kannan Sugantharaman was appointed as his successor. In November 2025, the company released its third-quarter financial results, with total consolidated revenues decreasing by 6.4% year-over-year. In January 2026, the stock price showed daily fluctuations, closing at $7.30 on January 6, 2026, and $7.48 on January 5, 2026.

Mastech Digital's demand environment has been characterized by challenging market conditions, cautious client spending, and elongated decision-making cycles, particularly impacting its Data and Analytics Services segment. The company's IT Staffing Services segment is sensitive to broader macroeconomic hiring trends and client budget shifts. The current environment indicates a more sustained period of cautious demand rather than distinct seasonal fluctuations.

Mastech Digital, Inc. is a digital transformation and IT services company based in Pittsburgh, Pennsylvania, operating in the Commercial Services sector. It focuses on IT staffing and digital transformation, offering services like Data Management & Analytics, IT Staffing Services, and Digital Learning services. The company aims to empower global corporations through innovative digital transformation services, specializing in analytics and AI-driven data modernization solutions.

Mastech Digital has a global presence with offices in the United States, Canada, the UK, and India. The company provides services to corporations across North America, the Middle East, Asia, Japan, and Europe.

Mastech Digital has actively worked to enhance its brand reputation by strategically pivoting towards an 'AI-first' organization and focusing on AI-driven data modernization solutions. The company announced an expanded strategic partnership with Informatica in May 2025 to deliver AI-led solutions globally. Leadership changes, including new CEO and C-level appointments, also highlight the company's transformation trajectory. The company has faced a challenging market with revenue declines in some segments, its focus on profitability and operational improvements demonstrates a commitment to strategic execution during a downturn.

Mastech Digital, Inc. has a mix of institutional and individual owners. As of September 2025, 33 institutional filers collectively held 17.2% of the company's total shares outstanding. Major institutional shareholders include Capital Management Corp /va, Dimensional Fund Advisors Lp, Vanguard Group Inc, Envestnet Asset Management Inc, Access Investment Management LLC, Renaissance Technologies Llc, and BlackRock, Inc. Individual insiders hold a significant portion of the company's shares, with Ashok Trivedi, Sunil Wadhwani, Steven A. Shaw, and Manoj P. Singh being major shareholders.