MASTECH DIGITAL INC MHH
COM · Common Stock · CUSIP 57633B100
Digital transformaton in IT
- SectorIndustrials
- IndustryServices-Management Consulting Services
- HeadquartersMoon Township, PA
- Founded1986
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 11.7m as of 2024-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $7.50.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 34 |
| Q4 2022 | 36 |
| Q1 2023 | 33 |
| Q2 2023 | 35 |
| Q3 2023 | 35 |
| Q4 2023 | 36 |
| Q1 2024 | 33 |
| Q2 2024 | 30 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 19 | 8 |
| Q1 2023 | 8 | 16 |
| Q2 2023 | 16 | 12 |
| Q3 2023 | 13 | 13 |
| Q4 2023 | 12 | 12 |
| Q1 2024 | 10 | 15 |
| Q2 2024 | 10 | 14 |
Biggest buyers
| CAPITAL MANAGEMENT CORP /VA | Added | +23.7k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +12.7k |
| VANGUARD GROUP INC | Added | +6.5k |
| DIMENSIONAL FUND ADVISORS LP | Added | +5.2k |
| HighTower Advisors, LLC | Added | +2.7k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.7k |
| UBS Group AG | Added | +785 |
| Tower Research Capital LLC (TRC) | Added | +307 |
| BANK OF AMERICA CORP /DE/ | Added | +42 |
| FMR LLC | New | +7 |
Biggest sellers
| DENALI ADVISORS LLC | Sold out | -14.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -10.4k |
| CITADEL ADVISORS LLC | Sold out | -10.1k |
| ROYAL BANK OF CANADA | Reduced | -6.2k |
| Truvestments Capital LLC | Sold out | -4.4k |
| MORGAN STANLEY | Reduced | -4.1k |
| SEIZERT CAPITAL PARTNERS, LLC | Reduced | -2.4k |
| BlackRock Inc. | Reduced | -2.3k |
| Janney Montgomery Scott LLC | Reduced | -2.0k |
| NORTHERN TRUST CORP | Reduced | -704 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CAPITAL MANAGEMENT CORP /VA 13G · institution +1.3 pts · filed 2026-10-22 | 8.7% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $13.8m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| CAPITAL MANAGEMENT CORP /VA 1.34% of their portfolio | 890.1k $6.7m | Added +23.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 227.3k $1.7m | Added +5.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 200.7k $1.5m | Added +12.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 161.0k $1.2m | Added +6.5k |
| Access Investment Management LLC 0.30% of their portfolio | 124.0k $929.7k | Reduced -465 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 102.3k $767.5k | Reduced -10.4k |
| BlackRock Inc. 0.00% of their portfolio | 89.8k $673.5k | Reduced -2.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 55.0k $412.4k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 41.2k $309.2k | Added +1.7k |
| HighTower Advisors, LLC 0.00% of their portfolio | 35.0k $261.0k | Added +2.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 32.9k $247.0k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 18.9k $142.0k | Reduced -298 |
| SEIZERT CAPITAL PARTNERS, LLC 0.01% of their portfolio | 17.0k $127.9k | Reduced -2.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 16.0k $119.9k | Reduced -704 |
| STATE STREET CORP 0.00% of their portfolio | 14.5k $108.6k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 14.0k $105.0k | Reduced -2.0k |
| RBF Capital, LLC 0.01% of their portfolio | 11.8k $88.8k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 3.5k $26.3k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1k $15.9k | Added +42 |
| MORGAN STANLEY 0.00% of their portfolio | 2.1k $15.6k | Reduced -4.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.6k $12.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.2k $9.0k | Reduced -6.2k |
| UBS Group AG 0.00% of their portfolio | 836 $6.3k | Added +785 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 725 $5.4k | Added +307 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 504 $3.8k | Reduced -82 |
| Riggs Asset Managment Co. Inc. 0.00% of their portfolio | 214 $1.6k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 118 $885 | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 12 $90 | Unchanged |
| FMR LLC 0.00% of their portfolio | 7 $53 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |