Innodata (NASDAQ:INOD) Director Sells $430,500.00 in Stock

Innodata Inc. (NASDAQ:INOD) Director Louise Forlenza sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $86.10, for a total transaction of $430,500.00. Following the sale, the director owned 3,943 shares of the company’s stock, valued at $339,492.30. This trade represents a 55.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Innodata Stock Performance

Shares of INOD stock opened at $95.48 on Friday. The firm has a market capitalization of $3.12 billion, a PE ratio of 86.02 and a beta of 2.40. The firm has a fifty day simple moving average of $53.41 and a two-hundred day simple moving average of $53.89. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 0.07. Innodata Inc. has a 12 month low of $34.23 and a 12 month high of $114.77.

Innodata (NASDAQ:INOD) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.34. The business had revenue of $90.10 million during the quarter, compared to analyst estimates of $76.47 million. Innodata had a net margin of 13.86% and a return on equity of 37.49%. Innodata’s quarterly revenue was up 54.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 EPS. Analysts forecast that Innodata Inc. will post 0.99 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Innodata from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Weiss Ratings lowered shares of Innodata from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Wedbush lifted their target price on shares of Innodata from $80.00 to $100.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, BWS Financial reaffirmed a “top pick” rating and issued a $110.00 target price on shares of Innodata in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Innodata currently has an average rating of “Moderate Buy” and a consensus price target of $105.00.

Trending Headlines about Innodata

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Innodata’s Q1 results showed strong operating momentum, with adjusted EBITDA up 96% and revenue up 54%, suggesting the AI growth story is translating into better profitability.
• Positive Sentiment: Recent reports highlighted raised AI growth guidance and new big tech contracts, which could support future revenue growth and investor confidence. Article Title
• Positive Sentiment: Wedbush raised its price target on INOD and maintained an outperform rating, signaling continued Wall Street optimism.
• Neutral Sentiment: Commentary continues to frame Innodata as a beneficiary of accelerating AI spending, but this is more of a broader theme than a direct near-term catalyst. Article Title
• Negative Sentiment: Multiple insider sales, including significant disposals by the CEO and a director, may be weighing on sentiment and prompting profit-taking after the stock’s sharp advance.

Hedge Funds Weigh In On Innodata

Several institutional investors have recently added to or reduced their stakes in INOD. AQR Capital Management LLC grew its position in Innodata by 446.4% during the first quarter. AQR Capital Management LLC now owns 90,968 shares of the technology company’s stock valued at $3,266,000 after buying an additional 74,320 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Innodata by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,085 shares of the technology company’s stock valued at $577,000 after buying an additional 711 shares during the period. Millennium Management LLC grew its position in Innodata by 30.7% during the first quarter. Millennium Management LLC now owns 142,608 shares of the technology company’s stock valued at $5,120,000 after buying an additional 33,473 shares during the period. JPMorgan Chase & Co. grew its position in Innodata by 16.0% during the second quarter. JPMorgan Chase & Co. now owns 20,375 shares of the technology company’s stock valued at $1,044,000 after buying an additional 2,816 shares during the period. Finally, Russell Investments Group Ltd. grew its position in Innodata by 1,527.3% during the second quarter. Russell Investments Group Ltd. now owns 9,422 shares of the technology company’s stock valued at $483,000 after buying an additional 8,843 shares during the period. Institutional investors own 30.75% of the company’s stock.

Innodata Company Profile

Innodata Inc (NASDAQ: INOD) is a digital services and technology company that specializes in data engineering and artificial intelligence solutions. Founded in 1988 and headquartered in East Brunswick, New Jersey, the company provides structured content and digital transformation services to publishers, media companies, legal and compliance organizations, and other information-intensive industries. Innodata’s platform enables clients to convert unstructured text, images and multimedia into high‐quality, machine‐readable formats that support search, analytics and AI model training.

The firm’s offerings include content enrichment, metadata management, taxonomy development, digital asset management and data annotation services.