Jack Abuhoff Sells 71,699 Shares of Innodata (NASDAQ:INOD) Stock

Innodata Inc. (NASDAQ:INOD) CEO Jack Abuhoff sold 71,699 shares of Innodata stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $95.60, for a total transaction of $6,854,424.40. Following the transaction, the chief executive officer directly owned 1,340,456 shares in the company, valued at $128,147,593.60. This represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, May 14th, Jack Abuhoff sold 76,991 shares of Innodata stock. The shares were sold at an average price of $95.58, for a total transaction of $7,358,799.78.
• On Wednesday, May 13th, Jack Abuhoff sold 94,460 shares of Innodata stock. The shares were sold at an average price of $91.19, for a total transaction of $8,613,807.40.

Innodata Stock Up 0.2%

Innodata stock traded up $0.20 during midday trading on Thursday, hitting $90.15. 2,785,463 shares of the stock were exchanged, compared to its average volume of 2,727,702. Innodata Inc. has a 52-week low of $33.44 and a 52-week high of $114.77. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.07. The business’s 50-day moving average price is $47.42 and its 200-day moving average price is $52.97. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 81.22 and a beta of 2.40.

Innodata (NASDAQ:INOD) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.42 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $76.47 million. During the same quarter last year, the business posted $0.22 EPS. The company’s revenue for the quarter was up 54.5% on a year-over-year basis. On average, research analysts expect that Innodata Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wedbush increased their price target on shares of Innodata from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday. BWS Financial reiterated a “top pick” rating and issued a $110.00 target price on shares of Innodata in a research note on Friday, April 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Innodata in a research report on Friday, April 10th. Finally, Wall Street Zen upgraded shares of Innodata from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. One 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $105.00.

Key Headlines Impacting Innodata

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Recent commentary says Innodata’s first-quarter results and raised guidance triggered a major momentum surge, reinforcing the company’s AI/data infrastructure growth story. Benzinga article
• Positive Sentiment: Wedbush raised its price target on Innodata to $100 and kept an outperform rating, which supports the bullish case after the strong earnings release.
• Positive Sentiment: Multiple articles continue to frame INOD as an AI data-center play, helping sustain investor enthusiasm around the stock’s long-term growth narrative. Yahoo Finance article
• Neutral Sentiment: Maxim Group cut several earnings estimates for 2026-2027, but its revised numbers still indicate solid growth, leaving the valuation debate unresolved.
• Negative Sentiment: Director Louise C. Forlenza sold 30,000 shares, and COO Ashok Mishra sold 242,901 shares, signaling meaningful insider selling after the stock’s big run. InsiderTrades article
• Negative Sentiment: Another director, Stewart R. Massey, sold 10,000 shares, adding to concerns that insiders may be locking in gains. InsiderTrades article
• Negative Sentiment: Reports of heavy put-option buying suggest some traders are hedging against downside after INOD’s rapid post-earnings rally. American Banking News article

Institutional Investors Weigh In On Innodata

Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new stake in Innodata in the 4th quarter valued at about $26,000. Global Retirement Partners LLC bought a new position in Innodata during the third quarter worth about $50,000. IFP Advisors Inc increased its stake in shares of Innodata by 1,567.5% in the third quarter. IFP Advisors Inc now owns 667 shares of the technology company’s stock worth $51,000 after purchasing an additional 627 shares in the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Innodata in the third quarter valued at approximately $52,000. Finally, Hollencrest Capital Management bought a new stake in shares of Innodata in the third quarter valued at approximately $60,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

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.