Innodata (NASDAQ:INOD) Director Sells $2,665,800.00 in Stock

Innodata Inc. (NASDAQ:INOD) Director Louise Forlenza sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $88.86, for a total value of $2,665,800.00. Following the sale, the director directly owned 3,943 shares in the company, valued at approximately $350,374.98. The trade was a 88.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Innodata Price Performance

NASDAQ:INOD traded down $2.14 during midday trading on Wednesday, hitting $89.95. 2,253,611 shares of the stock were exchanged, compared to its average volume of 2,661,238. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 81.04 and a beta of 2.40. Innodata Inc. has a one year low of $33.44 and a one year high of $114.77. The business has a 50-day moving average price of $46.49 and a two-hundred day moving average price of $52.87.

Innodata (NASDAQ:INOD) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.34. The firm had revenue of $90.10 million for 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%. The firm’s quarterly revenue was up 54.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 earnings per share. Sell-side analysts predict that Innodata Inc. will post 0.99 EPS for the current year.

Innodata News Summary

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Innodata’s blowout first-quarter results continue to drive bullish sentiment, with articles noting that profits nearly doubled and the stock has been rewarded with a major momentum surge. Innodata Inc. Soars After Blowout Earnings Call
• Positive Sentiment: Investors are also focusing on Innodata’s AI positioning, with coverage framing the company as an AI data center play after its strong 2026 performance and rapid share-price appreciation. Innodata Stock Has Nearly Doubled in 2026. It’s an AI Data Center Play Now.
• Positive Sentiment: Market sentiment indicators are flashing stronger momentum, suggesting traders are still chasing the stock after the earnings-driven breakout. Innodata’s Blowout Q1 Earnings Ignites Massive Stock Momentum Spike
• Neutral Sentiment: Maxim Group lowered several near- and longer-term EPS estimates, which could temper enthusiasm around how quickly earnings growth can continue, even though the new estimates still remain above the current consensus for FY2026 and FY2027.
• Negative Sentiment: Unusual put-option buying showed some investors are hedging or betting on downside after the stock’s sharp run-up, a sign that not everyone expects the rally to continue uninterrupted. Investors Purchase High Volume of Innodata Put Options (NASDAQ:INOD)

Hedge Funds Weigh In On Innodata

Several institutional investors and hedge funds have recently added to or reduced their stakes in INOD. HRT Financial LP grew its position in Innodata by 746.1% during the 2nd quarter. HRT Financial LP now owns 218,635 shares of the technology company’s stock worth $11,198,000 after purchasing an additional 192,794 shares in the last quarter. Next Century Growth Investors LLC grew its position in Innodata by 107.5% during the 4th quarter. Next Century Growth Investors LLC now owns 365,835 shares of the technology company’s stock worth $18,639,000 after purchasing an additional 189,488 shares in the last quarter. First Trust Advisors LP purchased a new position in Innodata during the 2nd quarter worth approximately $7,825,000. Dimensional Fund Advisors LP grew its holdings in shares of Innodata by 32.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 583,239 shares of the technology company’s stock valued at $22,517,000 after acquiring an additional 142,192 shares in the last quarter. Finally, RFG Advisory LLC purchased a new position in shares of Innodata during the 4th quarter valued at $5,750,000. 30.75% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on INOD. BWS Financial restated a “top pick” rating and issued a $110.00 price target on shares of Innodata in a research report on Friday, April 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Innodata in a research report on Friday, April 10th. Wall Street Zen upgraded shares of Innodata from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Wedbush lifted their price target on shares of Innodata from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $95.00.

About Innodata

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.