Innodata (NASDAQ:INOD) CEO Sells $260,484.00 in Stock

Innodata Inc. (NASDAQ:INOD) CEO Jack Abuhoff sold 2,800 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $93.03, for a total transaction of $260,484.00. Following the completion of the transaction, the chief executive officer directly owned 1,340,456 shares in the company, valued at approximately $124,702,621.68. This represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Jack Abuhoff also recently made the following trade(s):

• On Wednesday, May 20th, Jack Abuhoff sold 150,000 shares of Innodata stock. The shares were sold at an average price of $93.46, for a total transaction of $14,019,000.00.
• On Monday, May 18th, Jack Abuhoff sold 150,000 shares of Innodata stock. The shares were sold at an average price of $94.39, for a total transaction of $14,158,500.00.
• On Friday, May 15th, Jack Abuhoff sold 100,000 shares of Innodata stock. The shares were sold at an average price of $95.78, for a total transaction of $9,578,000.00.
• On Thursday, May 14th, Jack Abuhoff sold 76,991 shares of Innodata stock. The stock was sold at an average price of $95.58, for a total transaction of $7,358,799.78.
• On Tuesday, May 12th, Jack Abuhoff sold 71,699 shares of Innodata stock. The stock was sold at an average price of $95.60, for a total transaction of $6,854,424.40.
• On Wednesday, May 13th, Jack Abuhoff sold 94,460 shares of Innodata stock. The stock was sold at an average price of $91.19, for a total transaction of $8,613,807.40.

Innodata Stock Performance

Innodata stock opened at $95.48 on Friday. Innodata Inc. has a 12-month low of $34.23 and a 12-month high of $114.77. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 86.02 and a beta of 2.40. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.49 and a quick ratio of 2.49. The firm’s fifty day moving average price is $53.41 and its 200 day moving average price is $53.89.

Innodata (NASDAQ:INOD) last released 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. Innodata had a net margin of 13.86% and a return on equity of 37.49%. The firm had revenue of $90.10 million for the quarter, compared to the consensus estimate of $76.47 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The firm’s quarterly revenue was up 54.5% on a year-over-year basis. On average, research analysts forecast that Innodata Inc. will post 0.99 EPS for the current fiscal year.

Analysts Set New Price Targets

INOD has been the topic of several analyst reports. Wedbush lifted their price target on shares of Innodata from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Wall Street Zen raised shares of Innodata from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. BWS Financial reaffirmed a “top pick” rating and set a $110.00 price target on shares of Innodata in a research note on Friday, April 10th. Finally, Weiss Ratings downgraded shares of Innodata from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Innodata currently has an average rating of “Moderate Buy” and an average target price of $105.00.

Institutional Investors Weigh In On Innodata

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Arizona State Retirement System increased its position in shares of Innodata by 2.4% in the 3rd quarter. Arizona State Retirement System now owns 9,386 shares of the technology company’s stock worth $723,000 after purchasing an additional 217 shares during the last quarter. New York State Teachers Retirement System increased its position in shares of Innodata by 11.2% in the 3rd quarter. New York State Teachers Retirement System now owns 2,747 shares of the technology company’s stock worth $212,000 after purchasing an additional 277 shares during the last quarter. Prosperity Wealth Management Inc. increased its position in shares of Innodata by 4.0% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 10,500 shares of the technology company’s stock worth $809,000 after purchasing an additional 400 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Innodata by 5.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,703 shares of the technology company’s stock worth $392,000 after purchasing an additional 418 shares during the last quarter. Finally, Texas Yale Capital Corp. increased its position in shares of Innodata by 5.5% in the 4th quarter. Texas Yale Capital Corp. now owns 8,440 shares of the technology company’s stock worth $430,000 after purchasing an additional 440 shares during the last quarter. Institutional investors own 30.75% of the company’s stock.

Key Innodata News

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.

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.